Marijuana Consumption, Educational Outcomes and Labor Market Success: Evidence from Switzerland
AbstractIn 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 signicantly 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 signicantly 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%.
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Bibliographic InfoPaper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Economics of Education Working Paper Series with number 0043.
Length: 26 pages
Date of creation: Feb 2009
Date of revision:
Risky behavior; production of human capital; multivariate probit;
Find related papers by JEL classification:
- I19 - Health, Education, and Welfare - - Health - - - Other
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-06-03 (All new papers)
- NEP-EDU-2009-06-03 (Education)
- NEP-HRM-2009-06-03 (Human Capital & Human Resource Management)
- NEP-LAB-2009-06-03 (Labour Economics)
- NEP-NEU-2009-06-03 (Neuroeconomics)
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