Alcohol and Income: Examining the Drinker's Bonus Open Access

Ippolito, Benedic Nicholas (2010)

Permanent URL: https://etd.library.emory.edu/concern/etds/g445cd73r?locale=en
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Abstract

Abstract
Alcohol and Income: Examining the Drinker's Bonus
By Benedic N. Ippolito
Using data on males from the National Longitudinal Survey of Youth, this paper
examines the relationship between current income and both contemporaneous drinking
habits and past drinking habits. We expect both current and past drinking to be
significant predictors of current income, and hypothesize this relationship is at least
partially based on personality types. The results show a positive relationship between
contemporaneous drinking and income, primarily from moderate drinkers. Personality,
while related to income, does not affect this relationship. Past drinking is also found to
be positively related to current income, and further, lessens the importance of current
drinking habits. This may suggest that the relationship is driven by some unobserved
characteristic.

Table of Contents


TABLE OF CONTENTS

Introduction and Previous research……………………………………………..1
Research Goals……………………….…………….……………………..….....3
Data…………………………………………………………………...………...4
Methodology……………………………………………………...…………….9
Results………………………………………………………………...……….10
Conclusion and Future Research……………………………………………....15
Appendix………………………………………………………………………18
References……………………………………………………………………..32

LIST OF TABLES

1. Summary Statistics………………………………………………………...18
2. Correlation between current and past drinking (2006 & 1982)…………….6
3. Correlation between current and past drinking (2006 & 1988)…………....21
4. Regression Results: The Drinker Bonus, 2006 …………………………....22
5. Regression Results: The Drinker Bonus With Binging Data, 2006……….23
6. Regression Results: The Drinker Bonus With Frequency and Quantity
of Drinking, 2006………………………………………………………….24
7. Regression Results: The Effects of Past Drinking on Income…………….26
8. Regression Results: Effects of Past Drinking on Income with Binging
Data………………………………………………………………………..27
9. Regression Results: Using 1988 Past Drinking Behavior and More
Robust Drinking Measures………………………………………………..28
10. Regression Results: Effect of past drinking (1988) on current
income (2006)……………………………………………………………...29

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