Sunday, September 17, 2006

Alcohol use helps boost income

People who consume alcohol earn significantly more at their jobs than non-drinkers, according to a US study that highlighted "social capital" gained from drinking.

The study published in the Journal of Labor Research Thursday concluded that drinkers earn 10 to 14 percent more than teetotalers, and that men who drink socially bring home an additional seven percent in pay.

"Social drinking builds social capital," said Edward Stringham, an economics professor at San Jose State University and co-author of the study with fellow researcher Bethany Peters.

They also said these conclusions provide arguments against policies aimed at curbing alcohol use on university campuses and public venues.

"Not only do anti-alcohol policies reduce drinkers' fun, but they may also decrease earnings," the study said.

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