Alcohol and earnings: Does drinking yield a wage premium?
Alcohol and earnings: Does drinking yield a wage premium?
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DOI：
10.2307/136363
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发表时间：
1997-02-01
影响因子：
1.6
通讯作者：
Hamilton, BH
中科院分区：
文献类型：
--
作者：
Hamilton, V;Hamilton, BH
This paper examines the relationship between alcohol consumption and earnings for prime-age males. Wage differentials for non-, moderate, and heavy drinkers are estimated using a polychotomous choice model, which accounts for the endogenous relationship between drinking and earnings. We find that moderate alcohol consumption leads to increased earnings relative to abstention. However, heavy drinking leads to reduced earnings relative to moderate drinking. Heavy drinkers possess flatter age-earnings profiles and attain lower returns for higher education than non- and moderate drinkers. These results are in contrast to previous research on substance abuse, which finds no earnings drop-off for heavy users.
