Heritability of lifetime earnings

Ari Hyytinen, Pekka Ilmakunnas*, Edvard Johansson, Otto Toivanen

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

5 Citations (Scopus)

Abstract

Using twenty years of earnings data on Finnish twins, we find that about 40% of the variance of women’s and little more than half of men’s lifetime labour earnings are linked to genetic factors. The contribution of the shared environment is negligible. We show that the result is robust to using alternative definitions of earnings, to adjusting for the role of education, and to measurement errors in the measure of genetic relatedness.
Original languageEnglish
Peer-reviewed scientific journalThe Journal of Economic Inequality
Volume17
Pages (from-to)319-335
ISSN1569-1721
DOIs
Publication statusPublished - 14.05.2019
MoE publication typeA1 Journal article - refereed

Keywords

  • 511 Economics

Areas of Strength and Areas of High Potential (AoS and AoHP)

  • AoS: Competition economics and service strategy - Quantitative consumer behaviour and competition economics

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