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

  • Pankaj C. Patel
  • , Cornelius A. Rietveld
  • , Marcus T. Wolfe
  • , Johan Wiklund
  • Villanova University
  • Erasmus School of Economics
  • Price College of Business
  • Martin J. Whitman School of Management

Research output: Contribution to journal › Article › peer-review

18   Link opens in a new tab Citations (SciVal)

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.

Original languageEnglish
Pages (from-to)440-466
Number of pages27
JournalEntrepreneurship Theory and Practice
Volume45
Issue number2
Early online date14 Jul 2020
DOIs
Publication statusPublished - 31 Mar 2021

Keywords

  • earnings
  • occupational choice
  • polygenic risk score
  • self-employment
  • subjective well-being

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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