The Polygenic Risk Score of Subjective Well-Being, Self-Employment, and Earnings Among Older Individuals*

Pankaj C. Patel, Cornelius A. Rietveld, Marcus T. Wolfe and Johan Wiklund

Entrepreneurship Theory and Practice, 2021, vol. 45, issue 2, 440-466

Abstract: We investigate whether the polygenic risk score (PRS) of subjective well-being (SWB), a weighted combination of multiple genetic variants which captures an individual’s time-invariant genetic predisposition to SWB, influences the choice of self-employment and whether it explains differences in earnings between older self-employed and employed workers. In a sample of 4,571 individuals (50 to 65 years old) representing 14,937 individual-year observations from the Health and Retirement Study, we find that the PRS of SWB is positively associated with self-employment and earnings. However, contrary to our expectations, the positive association with earnings is not significantly different between self-employed and employed individuals.

Keywords: earnings; occupational choice; self-employment; subjective well-being; polygenic risk score (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:45:y:2021:i:2:p:440-466

DOI: 10.1177/1042258720936984

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