This paper builds on the neoclassical model of time allocation introduced by Gronau (1977), and revisited in the context of crime as work by Grogger (1998), by disaggregating the types of capital characterizing an individual to include social and criminal capital in addition to traditional human...

It is often conjectured that a significant cost of youthful drinking is the future labour market consequences of having accumulated a lower stock of human capital. While several studies have investigated the effect of youthful drinking on the quantity of human capital stock accumulated, measured...

In this paper we use individual level data from the Australian National Drug Strategy Household Survey to study the relationship between initiation into cannabis use and educational attainment. Using instrumental variable estimation and bivariate duration analysis we find that those initiating...