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Title: The Effect of Illicit Drug Use on the Wages of Young Adults
Resulting in 1 citation.
1. Kaestner, Robert
The Effect of Illicit Drug Use on the Wages of Young Adults
Journal of Labor Economics 9,4 (October 1991): 381-412.
Also: http://www.jstor.org/stable/2535076
Cohort(s): NLSY79
Publisher: University of Chicago Press
Keyword(s): Drug Use; Substance Use; Wages, Adult

This paper examines the effects of cocaine and marijuana use on the wages of a sample of young adults drawn from the NLSY. The results suggest that, for this sample, increased use of marijuana and cocaine is associated with higher wages. The positive relationship between drug use and wages does not diminish with age, but remains substantially positive. The author also investigates whether systematic differences in the return to measures of investments in human capital can explain the observed positive relationship between drug use and wages. The results do not support that hypothesis.
Bibliography Citation
Kaestner, Robert. "The Effect of Illicit Drug Use on the Wages of Young Adults." Journal of Labor Economics 9,4 (October 1991): 381-412.