The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills

Mikkel Aagaard Houmark; Victor Ronda; Michael Rosholm

doi:10.1257/aer.20220456

The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills

Mikkel Aagaard Houmark, Victor Ronda, Michael Rosholm^*

^*Corresponding author af dette arbejde

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avis › Tidsskriftartikel › Forskning › peer review

Abstract

This paper studies the interplay between genetics and family investments in the process of skill formation. We model and estimate the joint evolution of skills and parental investments throughout early childhood. We document three genetic mechanisms: the direct effect of child genes on skills, the indirect effect of child genes via parental investments, and family genetic influences captured by parental genes. We show that genetic effects are dynamic, increase over time, and operate via environmental channels. Our paper highlights the value of integrating biological and social perspectives into a single unified framework.

Originalsprog	Engelsk
Tidsskrift	American Economic Review
Vol/bind	114
Nummer	2
Sider (fra-til)	385–425
Antal sider	41
ISSN	0002-8282
DOI	https://doi.org/10.1257/aer.20220456
Status	Udgivet - feb. 2024

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10.1257/aer.20220456

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The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills. / Houmark, Mikkel Aagaard; Ronda, Victor; Rosholm, Michael.
I: American Economic Review, Bind 114, Nr. 2, 02.2024, s. 385–425.

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avis › Tidsskriftartikel › Forskning › peer review

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The Nurture of Nature and the Nature of Nurture: How Genes and Investments Interact in the Formation of Skills

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