DRINKERS EARN MORE
A study conducted by two economists and published Thursday by the Reason Foundation and in the latest edition of The Journal of Labor Research, says that drinkers earn 10 to 14% more than those who abstain.
"Instead of earning less money than nondrinkers, drinkers earn more," authors of the study, Bethany Peters and Edward Stringham, wrote. More specifically, the study found that workers who drank in a social setting earned more than those who tipped a glass at home. The study contends that social capital, which entails everything from a person's charisma to the size of their social network, can be enhanced by drinking.
Female drinkers earned 14% more than non-drinkers, while males who drank earned 10% more than their teetotaler counterparts. At the same time, men who went to a bar at least once a month earned an additional 7 percent on top of the 10 percent drinking premium. But women who engaged in similar behavior did not experience any effect on their earnings.
The authors said their research came in response to growing efforts to restrict drinking on college campuses, limit alcohol advertising and raise taxes on liquor.
The Reason Foundation said the report was not commissioned by an outside party (like a liquor company).
"Instead of earning less money than nondrinkers, drinkers earn more," authors of the study, Bethany Peters and Edward Stringham, wrote. More specifically, the study found that workers who drank in a social setting earned more than those who tipped a glass at home. The study contends that social capital, which entails everything from a person's charisma to the size of their social network, can be enhanced by drinking.
Female drinkers earned 14% more than non-drinkers, while males who drank earned 10% more than their teetotaler counterparts. At the same time, men who went to a bar at least once a month earned an additional 7 percent on top of the 10 percent drinking premium. But women who engaged in similar behavior did not experience any effect on their earnings.
The authors said their research came in response to growing efforts to restrict drinking on college campuses, limit alcohol advertising and raise taxes on liquor.
The Reason Foundation said the report was not commissioned by an outside party (like a liquor company).
posted at 9:14 AM
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