
@article{ref1,
title="A note on 'Economic conditions and alcohol problems'",
journal="Journal of health economics",
year="1999",
author="Freeman, Donald G.",
volume="18",
number="5",
pages="661-670",
abstract="This paper reexamines the effect of the business cycle on alcohol consumption using U.S. state-level analysis introduced by Rhum [Ruhm, C.J., 1995. Economic conditions and alcohol problems. Journal of Health Economics 14, 583-603]. Using an extended panel, this analysis finds that Ruhm's estimates are biased and inconsistent due to the problem of non-stationarity in alcohol consumption and state economic condition time series. Corrected estimation using logarithmic first differences confirms Ruhm's original finding of pro-cyclical alcohol consumption, but these results, unlike Ruhm's, are robust to sample period.<p />",
language="",
issn="0167-6296",
doi="10.1016/S0167-6296(99)00005-3",
url="http://dx.doi.org/10.1016/S0167-6296(99)00005-3"
}