scholarly journals Estimates of the Causal Effects of Education on Earnings over the Life Cycle with Cohort Effects and Endogenous Education

2017 ◽  
Vol 64 (3) ◽  
pp. 516-544 ◽  
Author(s):  
Giuseppe Migali ◽  
Ian Walker
Keyword(s):  
Life Cycle ◽  
Causal Effects ◽  
Cohort Effects

scholarly journals Personality Traits Across the Life Cycle: Disentangling Age, Period, and Cohort Effects

2021 ◽  
Author(s):  
Bernd Fitzenberger ◽  
Gary Mena ◽  
Jan Nimczik ◽  
Uwe Sunde
Keyword(s):  
Life Cycle ◽  
Personality Traits ◽  
Economic Outcomes ◽  
Cohort Effects ◽  
Specification Tests ◽  
Age Patterns ◽  
Age Profile ◽  
Time Periods ◽  
The Stability

Abstract Economists increasingly recognise the importance of personality traits for socio-economic outcomes, but little is known about the stability of these traits over the life cycle. Existing empirical contributions typically focus on age patterns and disregard cohort and period influences. This paper contributes novel evidence for the separability of age, period, and cohort effects for a broad range of personality traits based on systematic specification tests for disentangling age, period and cohort influences. Our estimates document that for different cohorts, the evolution of personality traits across the life cycle follows a stable, though non-constant, age profile, while there are sizeable differences across time periods.

scholarly journals Life Cycle and Cohort Productivity in Economic Research: The Case of Germany

2008 ◽  
Vol 9 (4) ◽  
pp. 431-456 ◽  
Author(s):  
Michael Rauber ◽  
Heinrich W. Ursprung
Keyword(s):  
Life Cycle ◽  
Research Productivity ◽  
Life Cycles ◽  
Cohort Effects ◽  
Research Quality ◽  
Economic Research ◽  
Career Patterns ◽  
Journal Publications

AbstractWe examine the research productivity of German academic economists over their life cycles. It turns out that the career patterns of research productivity as measured by journal publications are characterized by marked cohort effects. Moreover, the life cycles of younger German economists are hump shaped and resemble the life cycles identified for US economists, whereas the life cycles of older German economists are much flatter. Finally, we find that not only productivity, but also research quality follows distinct life cycles. Our study employs econometric techniques that are likely to produce estimates that are more trustworthy than previous estimates.

Is Germany Going Bananas? Life Cycle and Cohort Effects on Party Performance in Germany from 1953 to 2049

2012 ◽  
Vol 21 (3) ◽  
pp. 274-295 ◽  
Author(s):  
Corina Wagner ◽  
Laura Konzelmann ◽  
Hans Rattinger
Keyword(s):  
Life Cycle ◽  
Cohort Effects

Future public pensions and changing employment patterns across birth cohorts

2013 ◽  
Vol 13 (2) ◽  
pp. 172-209 ◽  
Author(s):  
JOHANNES GEYER ◽  
VIKTOR STEINER
Keyword(s):  
Life Cycle ◽  
Panel Study ◽  
Public Pensions ◽  
Cohort Effects ◽  
Birth Cohorts ◽  
Pension Insurance ◽  
Data Set ◽  
Pension Reforms ◽  
Employment Patterns ◽  
The Impact

AbstractWe analyse the impacts of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a microsimulation model and a rich data set that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced microdata from the German pension insurance. We account for cohort effects in individual employment and unemployment affecting earnings over the life cycle as well as the differential impact of recent pension reforms. For individuals born between 1937 and 1971, cohort effects vary greatly by region, gender and education, and strongly affect life cycle earnings profiles. The largest effects can be observed for younger cohorts in East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future pensions across cohorts taking into account changing demographics and recent pension reforms. Simulations show that pension levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms but also due to higher cumulated unemployment. For West German men, the small reduction of average pension levels among younger birth cohorts is mainly driven by the impact of pension reforms, while future pension levels of West German women are increasing or stable due to rising labour market participation of younger birth cohorts.

Family Life Cycle and Cohort Effects:

1995 ◽  
Vol 4 (1) ◽  
pp. 23-44 ◽  
Author(s):  
Dr. Martin Oppermann
Keyword(s):  
Life Cycle ◽  
Family Life ◽  
Family Life Cycle ◽  
Cohort Effects

Materialism in Japan Reconsidered: Toward a Synthesis of Generational and Life-Cycle Explanations

1983 ◽  
Vol 77 (4) ◽  
pp. 887-894 ◽  
Author(s):  
Wolfgang Jagodzinski
Keyword(s):  
Life Cycle ◽  
Goodness Of Fit ◽  
Three Dimensional ◽  
Cohort Effects ◽  
Aging Effects ◽  
Dimensional Solution ◽  
Postwar Japan ◽  
Period Effects ◽  
Theoretical Considerations ◽  
Period Model

In two recent articles, Inglehart (1981, 1982) arrives at the conclusion that the decline of materialism in postwar Japan is the result of generational change and period effects. Aging effects cannot be demonstrated empirically. This article challenges his views. It will be shown that a life-cycle explanation can claim as much empirical evidence as a generational explanation, as long as the overall goodness of fit and the sign and strength of the age effects and cohort effects are the only criteria the decision is based upon. Particularly, a two-dimensional age-period model fits the data nearly as well as the cohort-period model that Inglehart proposes. Theoretical considerations, however, plead for a three-dimensional solution that includes some cohort effects beside period and aging effects for those generations that grew up in the postwar era. Such a model can also be established empirically.

Period Effects and Cohort Effects in Life Cycles: Preliminary Analysis

2000 ◽  
Vol 1718 (1) ◽  
pp. 90-96 ◽  
Author(s):  
John T. Marker
Keyword(s):  
Life Cycle ◽  
Preliminary Analysis ◽  
Puget Sound ◽  
Life Cycles ◽  
Cohort Effects ◽  
Cross Sectional ◽  
Period Effects ◽  
Activity Behavior ◽  
Life Cycle Models ◽  
Household Life Cycle

Travel behavioral data from five successive waves of the Puget Sound Transportation Panel were examined to determine whether period effects or cohort effects have a significant effect in life-cycle behavior. It was found that period and cohort effects may have a greater influence in household life-cycle models than previously believed. The results bring into question current methods using cross-sectional data analysis for life-cycle models, since predicted changes in activity behavior were not observed in households that made life-cycle transitions. The results are not conclusive, since other variables influencing activity behavior were not accounted for in the analysis.

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