The impact of demographic change on human capital accumulation

Fertig, Michael, Schmidt, Christoph M. and Sinning, Mathias G. (2009) The impact of demographic change on human capital accumulation. Labour Economics, 16 6: 659-668. doi:10.1016/j.labeco.2009.08.005


Author Fertig, Michael
Schmidt, Christoph M.
Sinning, Mathias G.
Title The impact of demographic change on human capital accumulation
Journal name Labour Economics   Check publisher's open access policy
ISSN 0927-5371
1879-1034
Publication date 2009
Year available 2009
Sub-type Article (original research)
DOI 10.1016/j.labeco.2009.08.005
Open Access Status
Volume 16
Issue 6
Start page 659
End page 668
Total pages 10
Place of publication Amsterdam, The Netherlands
Publisher Elsevier BV * North-Holland
Collection year 2010
Language eng
Subject 1407 Organizational Behavior and Human Resource Management
2002 Cultural Studies
Abstract This paper investigates whether and to what extent demographic change has an impact on human capital accumulation. The effect of the relative cohort size on educational attainment of young adults in Germany is analyzed utilizing data from the German Socio-Economic Panel for West-German individuals of the birth cohorts 1966 to 1986. These are the cohorts which entered the labor market since the 1980s. Particular attention is paid to the effect of changes in labor market conditions, which constitute an important channel through which demographic change may affect human capital accumulation. Our findings suggest that the variables measuring demographic change exert a considerable though heterogeneous impact on the human capital accumulation of young Germans. Changing labor market conditions during the 1980s and 1990s exhibit a sizeable impact on both the highest schooling and the highest professional degree obtained by younger cohorts.
Keyword Demographic change
Schooling
Vocational training
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Economics Publications
 
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Created: Fri, 28 Mar 2014, 15:17:10 EST by Alys Hohnen on behalf of School of Economics