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The Effect of Medical Marijuana Laws on the Labor Supply of Older Adults: Evidence from the Health and Retirement Study

29 Pages Posted: 22 Jan 2017  

Lauren Hersch Nicholas

Johns Hopkins Bloomberg School of Public Health

Johanna Catherine Maclean

University of Pennsylvania

Date Written: January 2017

Abstract

We study the effect of state medical marijuana laws on labor supply among older adults; the demographic group with the highest rates of many health conditions for which marijuana may be an effective treatment. We use the Health and Retirement Study to study this question and estimate differences-in-differences regression models. We find that passage of a state medical marijuana law leads to increases in labor supply among older adults. These effects should be considered as policymakers determine how best to regulate access to medical marijuana.

Keywords: older adults, labor supply, medical marijuana, regulation, medication

JEL Classification: I10, I18, J20

Suggested Citation

Nicholas, Lauren Hersch and Maclean, Johanna Catherine, The Effect of Medical Marijuana Laws on the Labor Supply of Older Adults: Evidence from the Health and Retirement Study (January 2017). IZA Discussion Paper No. 10489. Available at SSRN: https://ssrn.com/abstract=2903111

Lauren Hersch Nicholas (Contact Author)

Johns Hopkins Bloomberg School of Public Health ( email )

615 North Wolfe Street
Baltimore, MD 21205
United States

Johanna Catherine Maclean

University of Pennsylvania ( email )

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