This paper concentrates on the economic experiences of the baby-boom cohorts. We first document their early career experience and demonstrate that indeed this was no time to be young. We then offer reasons why cohort size may be important and note which people, within a cohort, are most likely...

The authors use the Current Population Survey to describe what they believe are the most salient aspects of labor force behavior of older men and women during the last two decades. First, they show that early retirement has increased dramatically and this trend continued through the 1980s....