The Effect of Cohort Composition on Human Capital Accumulation across Generations
建立队列构成与跨代人力资本积累的分析联系，发现父母教育程度变化及不同教育阶层生育率差异会影响下一代人力资本，模型预测的负向行为反馈与1927-1962年出生男性大学入学概率数据一致。
This article develops analytic links between cohort composition and human capital accumulation across generations. By focusing on cohort composition rather than cohort size, it offers new links between demographic change and economic outcomes. The model shows that changes in the educational attainment of parents and changes in relative fertility rates between educational classes affect human capital accumulation of the next generation. The main prediction of the model, of a negative behavioral feedback, is shown to be consistent with data on the probability of attending college for men born between 1927 and 1962. Copyright 1995 by University of Chicago Press.