Suchergebnisse

Using data from the British Household Panel Survey, this study examines the relationship between several outcomes in early adulthood (e.g., education, inactivity, earnings, and health) and being born to a teenage mother. Besides standard cross-sectional multivariate regression estimates, we also present evidence from nonparametric estimates and from estimates that account for unmeasured family background heterogeneity by comparing siblings born to the same mother who timed their births at different ages. Regardless of the econometric technique, being born to a teenage mother is usually associated with worse outcomes. An important channel of transmission of this adverse effect is childhood family structure, which plays a more powerful role than childhood family poverty. Albeit smaller, some of the detrimental effects are also found for children of mothers who gave birth in their early twenties.

AbstractIn May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic fatalities and drunk driving accidents. Using administrative data on the universe of vehicle collisions in Britain and a range of quasi‐experimental modeling approaches, we do not find that the policy had an effect on road crash deaths and drunk driving collisions. The results are robust to several sensitivity exercises. There is no evidence of effect heterogeneity by income and other predictors of alcohol consumption or cross‐border effects. A brief discussion of the policy implications of our findings is provided.

AbstractWe estimate the effect of binge drinking on road accidents, accident and emergency (A&E) attendances and arrests using a variety of unique English data and a two-sample instrumental variables estimation procedure. Drinking $10+$ units of alcohol in a single session increases road accidents by 18.6%, injury-related A&E attendances by 6.6% and arrests by 71%. The marginal increase from eight to $10+$ alcoholic units implies nearly 6,100 extra road accidents every year, 63,000 additional A&E attendances and 100,000 additional arrests. The externality per mile driven by a binge drinker is about five pence and the punishment that internalises this externality is equivalent to a fine of £22,800 per drunk driving arrest.

The analysis uses new data matching parents and their young adult children to study the impact of family background on young people's educational attainments. The data is derived from the first seven years (1991–97) of the British Household Panel Study. Parents' educational attainments are found to be very strongly associated with their children's educational attainments, and for an important part of the population these associations can be given a causal interpretation. In addition, young adults who experience single parenthood as children and those who come from families in the bottom income quartile have significantly lower educational attainments.