The Effect of Illicit Drug Use on the Wages of Young Adults

Robert Kaestner

Journal of Labor Economics, 1991, vol. 9, issue 4, 381-412

Abstract: This article examines the effects of cocaine and marijuana use on the wages of young adults. The endogeneity of drug use in a wage equation is considered and a two-stage least squares procedure is implemented. The results suggest that increased use of marijuana or cocaine is associated with higher wages. The positive relationship between drug use and the wage does not diminish with age. The author also investigates whether systematic differences in the return to measures of human capital investments can explain the positive relationship between drug use and wages. Copyright 1991 by University of Chicago Press.

Date: 1991
References: Add references at CitEc
Citations: View citations in EconPapers (60)

Downloads: (external link)
http://dx.doi.org/10.1086/298274 full text (application/pdf)
Access to full text is restricted to subscribers. See http://www.journals.uchicago.edu/JOLE for details.

Related works:
Working Paper: The Effect of Illicit Drug Use on the Wages of Young Adults (1990)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jlabec:v:9:y:1991:i:4:p:381-412

Access Statistics for this article

More articles in Journal of Labor Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().