TY  - RPRT
        AU  - Williams, Jenny
AU  - Ours, Jan C. van
        TI  - Early Cannabis Use and School to Work Transition of Young Men
        PY  - 2017/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 10488
        UR  - https://www.iza.org/publications/dp10488
        AB  - We study the impact of early cannabis use on the school to work transition of young men. Our empirical approach accounts for common unobserved confounders that jointly affect selection into cannabis use and the transition from school to work using a multivariate mixed proportional hazard framework in which unobserved heterogeneities are drawn from a discrete mixing distribution. Extended models account for school leavers' option of returning to school rather than starting work as a competing risk. We find that early cannabis use leads young men to accept job offers more quickly and at a lower wage rate compared to otherwise similar males who did not use cannabis. These effects are present only for those who use cannabis for longer than a year before leaving school. Overall, our findings are consistent with a mechanism whereby early non-experimental cannabis use leads to greater impatience in initial labor market decision-making.
        KW  - multivariate duration models
KW  - discrete factors
KW  - cannabis use
KW  - job search
KW  - wages
        ER  -