Summary:
The wealth of parents and that of their children is highly correlated, but little is known about the different roles genetic and environmental factors play in this. This column compares outcomes for adopted children in Sweden and those of their adoptive and biological parents and finds there is a substantial role for environment in the transmission of wealth and a much smaller role for pre-birth factors. And while human capital linkages between parents and children appear to have stronger biological than environmental roots, earnings and income are, if anything, more environmental.... Well, that settles economic Lamarckism.VoxEU Nature versus nurture in economic outcomes and behaviours
Topics:
Mike Norman considers the following as important: genetic influence on wealth distribution
This could be interesting, too:
The wealth of parents and that of their children is highly correlated, but little is known about the different roles genetic and environmental factors play in this. This column compares outcomes for adopted children in Sweden and those of their adoptive and biological parents and finds there is a substantial role for environment in the transmission of wealth and a much smaller role for pre-birth factors. And while human capital linkages between parents and children appear to have stronger biological than environmental roots, earnings and income are, if anything, more environmental.... Well, that settles economic Lamarckism.VoxEU Nature versus nurture in economic outcomes and behaviours
Topics:
Mike Norman considers the following as important: genetic influence on wealth distribution
This could be interesting, too:
Well, that settles economic Lamarckism.
The wealth of parents and that of their children is highly correlated, but little is known about the different roles genetic and environmental factors play in this. This column compares outcomes for adopted children in Sweden and those of their adoptive and biological parents and finds there is a substantial role for environment in the transmission of wealth and a much smaller role for pre-birth factors. And while human capital linkages between parents and children appear to have stronger biological than environmental roots, earnings and income are, if anything, more environmental....
VoxEU
Nature versus nurture in economic outcomes and behaviours