Abstract
We uniquely show that the returns to drinking in social jobs exceed those in non-social jobs. The higher returns remain when controlling for worker personality, when including individual fixed effects and in a series of robustness exercises. This showing fits the hypothesis that drinking assists the formation of social capital, capital that has greater value in social jobs. We are also the first to show that drinking may proxy both general and specific social capital formation. Drinking during a previous employer and during a current employer have returns and each have higher returns in a current social job.
Original language | English |
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Article number | 101149 |
Number of pages | 12 |
Journal | Economics and Human Biology |
Volume | 46 |
Early online date | 19 May 2022 |
DOIs | |
Publication status | Published - Aug 2022 |
Keywords
- Humans
- Occupations
- Personality
- Social Capital