This paper uses age-period-cohort models to show that the living standards (total monetary incomes after public benefits and contributions, adjusted for household size and inflation) of successive birth cohorts in the United States and Germany are strongly correlated with general changes in disposable incomes. This means that, after introducing controls, virtually every successive birth cohort in Germany ...
Luxembourg:
Luxembourg Income Study (LIS),
2015,
(LIS Working Paper Series No. 628)
| Louis Chauvel, Martin Schröder