TY - JOUR AU - Cook,Philip J. AU - Hutchinson,Rebecca TI - Smoke Signals: Adolescent Smoking and School Continuation JF - National Bureau of Economic Research Working Paper Series VL - No. 12472 PY - 2006 Y2 - August 2006 UR - http://www.nber.org/papers/w12472 L1 - http://www.nber.org/papers/w12472.pdf N1 - Author contact info: Philip J. Cook Sanford School of Public Policy Duke University 215 Sanford Building Durham, NC 27708-0245 Tel: 919 613 7360 Fax: 919/681-8288 E-Mail: pcook@duke.edu AB - This paper presents an exploratory analysis using NLSY97 data of the relationship between the likelihood of school continuation and the choices of whether to smoke or drink. We demonstrate that in the United States as of the late 1990s, smoking in 11th grade was a uniquely powerful predictor of whether the student finished high school, and if so whether the student matriculated in a four-year college. For economists the likely explanation for this empirical link would be based on interpersonal differences in time preference, but that account is called in question by our second finding -- that drinking does not predict school continuation. We speculate that the demand for tobacco by high school students is influenced by the signal conveyed by smoking (of being off track in school), one that is especially powerful for high-aptitude students. To further develop this view, we present estimates of the likelihood of smoking as a function of school commitment and other, more traditional variables. There are no direct implications from this analysis for whether smoking is in some sense a cause of school dropout. We offer some speculations on this matter in the conclusion. ER -