G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w12300
来源IDWorking Paper 12300
Even For Teenagers, Money Does Not Grow on Trees: Teenage Substance Use and Budget Constraints
Sara Markowitz; John Tauras
发表日期2006-06-12
出版年2006
语种英语
摘要This paper is about the spending choices of youth, with a particular focus on how the demand for cigarettes, alcohol and marijuana are influenced by changes in the prices of other products. Youth tend to have small incomes and limited wants, with the result that many students spend the bulk of their income on only a few items. Fast food, clothing and entertainment make up the majority of products purchased by teenagers. The hypothesis to be tested in this project is that changes in the prices of the other goods commonly bought by teenagers will affect budget allocations and thereby affect the demand for substances. We estimate own and cross price effects using the prices of cigarettes, alcohol, marijuana and other consumer products including gasoline, clothing, entertainment, and fast food. Income effects are also estimated and show that teens with higher incomes and allowances are more likely to use substances. The policy implications of the results are discussed.
主题Health, Education, and Welfare ; Microeconomics
URLhttps://www.nber.org/papers/w12300
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/569954
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GB/T 7714
Sara Markowitz,John Tauras. Even For Teenagers, Money Does Not Grow on Trees: Teenage Substance Use and Budget Constraints. 2006.
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