The Effect of Alcohol Consumption on the Earnings of Older Workers

TitleThe Effect of Alcohol Consumption on the Earnings of Older Workers
Publication TypeJournal Article
Year of Publication2005
AuthorsSaffer, H, Dhaval, D
JournalAdvances in Health Economics and Health Services Research
Volume16
Pagination61-90
KeywordsEmployment and Labor Force, Health Conditions and Status
Abstract

This study analyses the effects of alcohol consumption on the labour market outcomes of older individuals. The data set used consists of five waves of the Health and Retirement Study. The results from models with a limited number of covariates indicate that there is a wage and earnings premium associated with alcohol use. This premium progressively diminishes as more individual-level controls are added to the standard earnings function. The data set is longitudinal which allows for estimation of individual-fixed-effects specifications. These results indicate that alcohol use does not have a positive effect on earnings and wages.

Endnote Keywords

Alcohol Drinking/Wages

Endnote ID

18320

Citation Key7059