Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models
This paper examines the relationship between health endowment and later-life outcomes in the labour market. The analysis is based on reduced-form models in which labour market outcomes are regressed on genetic variants related to the increased risk of cardiovascular diseases. We use linked Finnish d...
Main Authors: | , , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2019-04-01
|
Series: | SSM: Population Health |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2352827318303331 |
id |
doaj-3d5ecc9d60184754b9c1cc9b24091d88 |
---|---|
record_format |
Article |
spelling |
doaj-3d5ecc9d60184754b9c1cc9b24091d882020-11-24T21:47:41ZengElsevierSSM: Population Health2352-82732019-04-017Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form modelsJaakko Pehkonen0Jutta Viinikainen1Petri Böckerman2Niina Pitkänen3Terho Lehtimäki4Olli Raitakari5University of Jyväskylä, School of Business and Economics, Jyväskylä, Finland; Corresponding author.University of Jyväskylä, School of Business and Economics, Jyväskylä, FinlandUniversity of Jyväskylä, School of Business and Economics, Jyväskylä, Finland; Labour Institute for Economic Research, Helsinki, Finland; IZA, Bonn, GermanyResearch Centre of Applied and Preventive Cardiovascular Medicine, University of Turku, Turku, FinlandDepartment of Clinical Chemistry, Fimlab Laboratories and Finnish Cardiovascular Research Center Tampere, Faculty of Medicine and Life Sciences, University of Tampere, Tampere, FinlandResearch Centre of Applied and Preventive Cardiovascular Medicine, University of Turku, Turku, Finland; Department of Clinical Physiology and Nuclear Medicine, Turku University Hospital, Turku, FinlandThis paper examines the relationship between health endowment and later-life outcomes in the labour market. The analysis is based on reduced-form models in which labour market outcomes are regressed on genetic variants related to the increased risk of cardiovascular diseases. We use linked Finnish data that have many strengths. Genetic risk scores constitute exogenous measures for health endowment, and accurate administrative tax records on earnings, employment and social income transfers provide a comprehensive account of an individual’s long-term performance in the labour market. The results show that although the direction of an effect is generally consistent with theoretical reasoning, the effects of health endowment on outcomes are statistically weak, and the hypothesis of no effect can be rejected only in one case: genetic endowment related to obesity influences male earnings and employment in prime age. Due to the sample size (N = 1651), the results should be interpreted with caution and should be confirmed in larger samples and in other institutional settings. JEL classification: D62, I1, I12, J01, J24, J3, J7, Keywords: Genetics, Health endowment, Earnings, Employment, Social income transfers, Reduced-form regressionhttp://www.sciencedirect.com/science/article/pii/S2352827318303331 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Jaakko Pehkonen Jutta Viinikainen Petri Böckerman Niina Pitkänen Terho Lehtimäki Olli Raitakari |
spellingShingle |
Jaakko Pehkonen Jutta Viinikainen Petri Böckerman Niina Pitkänen Terho Lehtimäki Olli Raitakari Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models SSM: Population Health |
author_facet |
Jaakko Pehkonen Jutta Viinikainen Petri Böckerman Niina Pitkänen Terho Lehtimäki Olli Raitakari |
author_sort |
Jaakko Pehkonen |
title |
Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models |
title_short |
Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models |
title_full |
Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models |
title_fullStr |
Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models |
title_full_unstemmed |
Health endowment and later-life outcomes in the labour market: Evidence using genetic risk scores and reduced-form models |
title_sort |
health endowment and later-life outcomes in the labour market: evidence using genetic risk scores and reduced-form models |
publisher |
Elsevier |
series |
SSM: Population Health |
issn |
2352-8273 |
publishDate |
2019-04-01 |
description |
This paper examines the relationship between health endowment and later-life outcomes in the labour market. The analysis is based on reduced-form models in which labour market outcomes are regressed on genetic variants related to the increased risk of cardiovascular diseases. We use linked Finnish data that have many strengths. Genetic risk scores constitute exogenous measures for health endowment, and accurate administrative tax records on earnings, employment and social income transfers provide a comprehensive account of an individual’s long-term performance in the labour market. The results show that although the direction of an effect is generally consistent with theoretical reasoning, the effects of health endowment on outcomes are statistically weak, and the hypothesis of no effect can be rejected only in one case: genetic endowment related to obesity influences male earnings and employment in prime age. Due to the sample size (N = 1651), the results should be interpreted with caution and should be confirmed in larger samples and in other institutional settings. JEL classification: D62, I1, I12, J01, J24, J3, J7, Keywords: Genetics, Health endowment, Earnings, Employment, Social income transfers, Reduced-form regression |
url |
http://www.sciencedirect.com/science/article/pii/S2352827318303331 |
work_keys_str_mv |
AT jaakkopehkonen healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels AT juttaviinikainen healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels AT petribockerman healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels AT niinapitkanen healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels AT terholehtimaki healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels AT olliraitakari healthendowmentandlaterlifeoutcomesinthelabourmarketevidenceusinggeneticriskscoresandreducedformmodels |
_version_ |
1725896361177513984 |