Brunello, Giorgio (contributor); … - 2005
study how cohort size has affected real earnings in Europe. When we pool the data of all countries, we find that cohort size … has a negative and statistically significant effect on the earnings of the older cohorts aged between 35 and 54 but no … statistically significant effect on the earnings of younger cohorts aged 20 to 34. The negative effect of cohort size on earnings is …