a little booze is good for your career

[Michael Perelman]

Doug, there is a fairly large literature on the positive correlation
between drinking and income in the US.  I had not thought of it before,
but I don't remember if drinking is measured in $ or not.  If so, -- well,
Scotch costs more than beer.

On Thu, Feb 15, 2001 at 02:07:02PM -0500, Doug Henwood wrote:
> "The Impact of Alcohol Consumption on Occupational Attainment in
>   England"
> 
>        BY:  MICHAEL A. SHIELDS
>                Public Sector Economics Research Centre
>             ZIGGY MACDONALD
>                University of Leicester
>                Department of Economics
> 
> Document:  Available from the SSRN Electronic Paper Collection:
>             http://papers.ssrn.com/paper.taf?abstract_id=250109
> 
>             Other Electronic Document Delivery:
>             http://www.iza.org/publications/discussion_paper/dp166
>             .pdf
>             SSRN only offers technical support for papers
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> 
> Paper ID:  IZA Discussion Paper No. 166
>      Date:  June 2000
> 
>   Contact:  MICHAEL A. SHIELDS
>     Email:  Mailto:mas9 at le.ac.uk
>    Postal:  Public Sector Economics Research Centre
>             University of Leicester
>             University Road
>             Leicester, LE1 7RH  UNITED KINGDOM
>     Phone:  +44 116 252 5374
>       Fax:  +44 116 252 2908
>   Co-Auth:  ZIGGY MACDONALD
>     Email:  Mailto:abm1 at le.ac.uk
>    Postal:  University of Leicester
>             Department of Economics
>             Room. New Building 407
>             Leicester, LE1 7RH  UNITED KINGDOM
> 
> Paper Requests:
>   Contact: Gabriela Steinmetzer, Institute for the Study of Labor
>   (IZA), P.O. Box 7240, D-53072 Bonn, Germany. Phone:+49 228 3894
>   119. Fax:+ 49 228 3894 210. Mailto:steinmetzer at iza.org
> 
> ABSTRACT:
>   In this study we provide evidence on the effect of alcohol
>   consumption on occupational attainment in England. To do this we
>   use samples of employees from the Health Survey for England
>   between 1992 and 1996. We find that due to the endogenous nature
>   of alcohol consumption, OLS estimates may provide a biased
>   picture of the impact of alcohol consumption on occupational
>   attainment. Using various sets of instrumental variables, we
>   find positive and significant returns to moderate levels of
>   drinking for male and female employees which drop-off rapidly as
>   consumption increases.
> 
>   Keywords: Alcohol, occupational attainment, endogeneity

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu