How Alcohol Consumption Affects Labor Supply?

DOI

10.2991/aebmr.k.210917.056How to use a DOI?

Keywords

drinking, labor market

Abstract

The purpose of this research is to understand the impact of drinking on the labor market. The data set comes from the National Longitudinal Survey of Youth 1989 and 1994 (NLSY89, NLSY94), which includes information about 12,686 individuals restricted to young adults with the age between 24 and 32 in 1989. The data was collected by a sample survey, and it was mainly investigated by dependent variables such as the amount of alcohol consumed. It is found through our research that moderate drinking is beneficial to labor supply by using Ordinary Least Squares, Two-Stage Least Squares, and Instrumental Variable-Probit models. However, excessive drinking still has a huge impact on labor. The main importance of this research is to explore the impact of alcohol on the labor market.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Junming Hu
AU  - Dian Sheng
AU  - Yao Zhang
AU  - Ning Ding
PY  - 2021
DA  - 2021/09/18
TI  - How Alcohol Consumption Affects Labor Supply?
BT  - Proceedings of the 2021 International Conference on Financial Management and Economic Transition (FMET 2021)
PB  - Atlantis Press
SP  - 360
EP  - 366
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210917.056
DO  - 10.2991/aebmr.k.210917.056
ID  - Hu2021
ER  -