讲座:Genetic Endowments and Lifetime Earnings: Understanding the Mechanisms 发布时间:2025-05-28
嘉 宾: 章维龙 副教授 剑桥大学
主持人: 段伊戈 助理教授 上海交通大学安泰经济与管理学院
时 间: 2025年6月4日(周三)14:00-15:30
地 点: 上海交通大学徐汇校区安泰经济与管理学院A511
内容简介:
This paper investigates how genetic endowments influence lifetime earnings using a dynamic life cycle model and longitudinal data from a cohort tracked from birth to retirement. We examine genetic impacts on skill formation as well as choices of parental investments, educational attainment, and occupation. A one standard deviation increase in the polygenic score for educational attainment raises lifetime earnings by 18.9%. Although part of this effect is due to genetic endowments impacting skill formation, the majority is due to genetic endowments impacting choices. Extending our analysis to include polygenic scores for additional traits reveals other channels thorough which they operate. Furthermore, our estimates show that genetic endowments and investments are substitutes in the production of earnings during early childhood but are complements later in life, highlighting the crucial importance of early-life interventions to effectively mitigate genetic inequalities.
演讲人简介:
Dr. Weilong Zhang is an Associate Professor of Economics at the University of Cambridge, specializing in labor economics, education economics, family economics, and psychological economics. He earned his Ph.D. from the University of Pennsylvania in August 2018. Dr. Zhang's research focuses on the interplay between personality traits and labor market outcomes, the effects of minimum wage policies, and the impact of educational programs on educational achievement. His work has been published in leading journals, including the Journal of Political Economy, the Journal of Labor Economics, the Review of Financial Studies, and Quantitative Economics.