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coolcat coolcat
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5 years ago
What is the age-earnings cycle? What is the typical age-earnings profile for a U.S. resident?
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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wrote...
5 years ago
The age-earnings cycle is the regular earnings profile of an individual throughout his or her lifetime. It usually starts with a low income, builds gradually to a peak at around age 50, and then gradually curves down until retirement age, at which time it approaches zero.
coolcat Author
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5 years ago
Thank you for answering so quickly
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