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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24642 |
来源ID | Working Paper 24642 |
Genetic Endowments and Wealth Inequality | |
Daniel Barth; Nicholas W. Papageorge; Kevin Thom | |
发表日期 | 2018-05-28 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We show that genetic endowments linked to educational attainment strongly and robustly predict wealth at retirement. The estimated relationship is not fully explained by flexibly controlling for education and labor income. We therefore investigate a host of additional mechanisms that could help to explain the gene-wealth gradient, including inheritances, mortality, savings, risk preferences, portfolio decisions, beliefs about the probabilities of macroeconomic events, and planning horizons. The associations we report provide preliminary evidence that genetic endowments related to human capital accumulation are associated with wealth not only through educational attainment and labor income, but also through a facility with complex financial decision-making. Our study illustrates how economic research seeking to understand sources of inequality can benefit from recent advances in behavioral genetics linking specific observed genetic endowments to economic outcomes. |
主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution ; Financial Economics ; Portfolio Selection and Asset Pricing ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Education ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w24642 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582316 |
推荐引用方式 GB/T 7714 | Daniel Barth,Nicholas W. Papageorge,Kevin Thom. Genetic Endowments and Wealth Inequality. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24642.pdf(771KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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