Search Results
Title: Does Smoking Harm Wealth as Much as Health?
Resulting in 1 citation.
| 1. |
Zagorsky, Jay L. |
|
Does Smoking Harm Wealth as Much as Health? Consumer Interests Annual 50 (2004): 108-116. Also: http://www.consumerinterests.org/files/public/Zagorsky_Does_Smoking_Harm_Wealth.pdf Cohort(s): NLSY79 Publisher: American Council on Consumer Interests (ACCI) Keyword(s): Cigarette Use (see Smoking); Smoking (see Cigarette Use); Wealth Permission to reprint the abstract has not been received from the publisher. This research investigates the effect of smoking on an individual/s financial situation. Theoretically there are only three possible effects; smoking reduces wealth, smoking increases wealth and smoking has no effect. Using wealth and smoking data from the National Longitudinal Survey of Youth 1979 cohort, this research shows that the typical nonsmokers' net worth is roughly 50% higher than light smokers and roughly twice the level of heavy smokers. Regression results which account for demographic differences between smokers and non-smokers also find a statistically significant negative relationship between net worth and smoking. |
|
|
Bibliography Citation
Zagorsky, Jay L. "Does Smoking Harm Wealth as Much as Health?" Consumer Interests Annual 50 (2004): 108-116.
|