We estimate the effect of receiving a higher grade on an academic high school exit exam on labor-market outcomes in adulthood. Identification is based on comparing students on different sides of grade cutoffs. Using nationwide Finnish register data, we find that better grades lead to higher...

We examine how functional-form assumptions affect conclusions about the existence of satiation in the relationship between income and emotional well-being. Previous studies have estimated a piecewise log-linear model with one structural break in both intercept and slope, which may lead to...

We provide new county-level estimates of intergenerational mobility, covering multiple economic concepts: total income, labor income, homeownership, housing wealth, and total wealth. This is possible via small-area estimation techniques and linked survey and administrative data covering millions...

We use Gallup World Poll data from over 150 countries from 2009-2019 at both the individual and country levels to revisit the relationship between income and subjective wellbeing. Our inspiration is the paradox first proposed by Easterlin (1974), according to which higher incomes are associated...

This study investigates the impact of child-related absence from work on the income of working mothers and fathers, addressing a significant research gap in sociology and labour economics. While previous research has established that gender and parenthood significantly influence income levels,...

Since 1972, the General Social Survey has periodically asked whether people are happy with Yes, Maybe or No type answers. Here I use a net "happiness" measure, which is percentage Yes less percentage No with Maybe treated as zero. Average happiness is around +20 on this scale for all respondents...

In genetics, heterosis describes how crossbreeding produces offspring with greater fitness than their parents. We propose a socioeconomic heterosis hypothesis: does genetic diversity at the individual level benefit economic success? Using UK Biobank data (N=488,152), we find that people with...

In genetics, heterosis refers to the phenomenon where crossbreeding within a species produces offspring with greater genetic fitness and superior phenotypic characteristics compared to their parents. We propose a novel socioeconomic heterosis hypothesis and examine whether genetic diversity at...

The relationship between economic development, inequality, and democratization has long been debated in the literature. Yet empirical analyses of this interplay have been limited and have yielded overall mixed and inconsistent results. This paper seeks to address this gap by examining the impact...