Marijuana Consumption, Educational Outcomes and Labor Market Success: Evidence from Switzerland
Donata Bessey () and
No 43, Economics of Education Working Paper Series from University of Zurich, Department of Business Administration (IBW)
In this paper, we analyze the impact of onset of marijuana consumption during different periods in youth on educational outcomes and labor market success using a Swiss data set. In order to deal with endogeneity, we estimate a multivariate probit model with an instrumental variables strategy. Our results seem to suggest that onset of marijuana consumption under age 14 leads to a significantly lower probability of having at least a secondary education, and onset of consumption between age 15 and 16 as well as between age 17 and 18 leads to a significantly lower probability of having a tertiary education. While we do not find any impact of marijuana consumption on the probability of being unemployed, onset of marijuana consumption under age 14 and between age 15 and 16 leads to a significantly higher probability of working less than 80%.
Keywords: Risky behavior; production of human capital; multivariate probit (search for similar items in EconPapers)
JEL-codes: I19 I21 (search for similar items in EconPapers)
Pages: 26 pages
New Economics Papers: this item is included in nep-edu, nep-hrm, nep-lab and nep-neu
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Persistent link: https://EconPapers.repec.org/RePEc:iso:educat:0043
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