Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Does Drinking Bring a Wage Bonus?

Authors
Zixuan Li1, a, , Yiran Ma2, b, , Jiping Shi3, c, *,
1Eller College of Management, University of Arizona, Tucson, United States
2School of Economics, Zhejiang University, Hangzhou, China
3School of Management & Economics, Beijing Institute of Technology, Beijing, China

These authors contributed equally.

*Corresponding author’s e-mail: azixuanl@email.arizona.edu
Corresponding Author
Jiping Shi
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.278How to use a DOI?
Keywords
Wages; Current drinking; Long-term drinking; Drinking frequency; Moderate drinking
Abstract

In this paper, we use data from 1989 and 1994 to examine the effects of recent drinking, long-term drinking, long-term abstinence, daily drinking frequency, and drinking frequency within 30 days on the income of men and women. The results show that recent drinking has a positive effect on both men and women, while the effect on women is greater than that on men; long-term drinking has a significant positive effect on both men and women, while long-term abstinence has a negative effect on women, but has almost no effect on men. Furthermore, the impact of average daily drinking times on wages fluctuates with the specific number of changes and is different for men and women; finally, abusive drinking is negatively correlated with income and has more significant side effects on men. After three parts of the study, we conclude that moderate drinking with 2 drinks for the male and 1 drink for the female is best for wages. Through qualitative and quantitative analysis, this article examines the effect of both drinking behaviour and the drinking amount on income, helping people make better decisions and providing references for the formulation of related policies.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.278How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Zixuan Li
AU  - Yiran Ma
AU  - Jiping Shi
PY  - 2022
DA  - 2022/03/26
TI  - Does Drinking Bring a Wage Bonus?
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1704
EP  - 1713
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.278
DO  - 10.2991/aebmr.k.220307.278
ID  - Li2022
ER  -