Relationship between Life Satisfaction and Alcohol Consumption

Student: Yastrebova Polina

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

The aim of this paper is to identify the nature of the relationship between life satisfaction and alcohol consumption in Russia and to compare the effects of the quantity and frequency of alcohol consumption on life satisfaction. The study is based on data from the RLMS-HSE (Russia Longitudinal Monitoring Survey – Higher School of Economics); the main method used in the paper is regression analysis of the relationship between self-estimated life satisfaction and different factors affecting it including alcohol consumption as one of the determinants. Having analyzed five ordered probit regressions, we found that, in general, frequency and quantity of alcohol consumed are negatively correlated with life satisfaction for men as well as for women. At the same time, for men the marginal effects of quantity of alcohol consumed on life satisfaction were found to be a little stronger than the effects of frequency of alcohol consumption.

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