DNA

Genetic score that predicts education is also associated with higher wages, but only among individuals with a college education

Economists generally accept that the skills rewarded in the labor market arise from a combination of endowed abilities, economic environments, and endogenous human capital in- vestments. Endowments, environments and investments almost certainly interact in compli- cated ways, transforming the distribution of abilities drawn at birth into a distribution of education, wages, and labor supply outcomes … Continue reading →