What is it about?
In this paper we use panel in order to determine whether earnings profiles decline at the end of working life. We examine several hypotheses are examined: overlapping cohorts, job tenure, job-changing, labour supply behaviour, and selectivity bias.
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Why is it important?
We find no evidence that the process of ageing itself leads to lower earnings as suggested by the cross-section profile.
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This page is a summary of: Do earnings really decline for older workers?, International Journal of Manpower, April 2017, Emerald, DOI: 10.1108/ijm-02-2016-0043.
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