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Recent biomedical research shows that roughly three-quarters of cognitive abilities are attributable to genetics and family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and family size. The distribution of income is shown to...
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Recent biomedical research shows that roughly three-quarters of cognitive abilities are attributable to genetics and family environment. This paper presents a theory of growth in which human capital is determined by inheritable factors and family size. The distribution of income is shown to...
Persistent link: https://www.econbiz.de/10014194778
Persistent link: https://www.econbiz.de/10013287052
Persistent link: https://www.econbiz.de/10003384471
Persistent link: https://www.econbiz.de/10003524833
This paper builds an age-structural model of human population genetics in which agents are endowed with a high-dimensional genome that determines their cognitive and physical characteristics. Young adults optimally search for a marriage partner, work for firms, consume goods, save for old age...
Persistent link: https://www.econbiz.de/10011566205
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