The baby booms legacy: relative wages in the twenty-first century.
评估婴儿潮一代对2020年美国相对工资的影响,使用1955-1984年时间序列数据估计八类年龄性别工人的需求模型,发现壮年工人相对老年工人的工资不会恶化,但壮年女性相对老年工人和男性的工资会下降。
authors assess the baby boom generations impact on relative wages in the United States in the year 2020. Time series data for the period 1955-1984 from the MIT-Penn-SSRC data bank are used. An econometric model of the demand for workers in eight age-sex categories is estimated. The simulation results indicate that wages of prime-age workers will not deteriorate in relation to older workers as a result of the aging of the baby boom cohort. Conclusions for teens cannot be drawn. general result does not hold for women however. Prime-age women are predicted to lose in comparison with older workers and with men increasing rather than reducing wage differentials by sex ceteris paribus. (EXCERPT)