This paper estimates the effects of cohort size on wages, employment and work time for workers in Germany. The … peak of the baby boom earn at least 5.3% lower wages than comparable workers born during the subsequent baby bust. Highly … specialized females born into large cohorts earn 2.5% lower wages than their counterparts from small cohorts. Employment effects …

the downward pressure on wages and led to rising income inequality. Many German economists welcomed this effect, because … they consider lower wages and higher wage dispersion major prerequisites for stronger employment growth. The theoretical …

. On average, the number of hours worked in more affected sectors fell, hourly wages rose, while employment did not …