Announcements, Health Economics

Our Summer 2021 Issue

On behalf of the Comparative Advantage Editorial Board, we are pleased to present the ninth volume, summer issue, of Stanford University's undergraduate economics journal. This volume presents undergraduate work on a wide variety of topics, including environmental economics, political economy, and labor economics. Furthermore, as the COVID-19 pandemic continues to exact a toll on individuals… Continue reading Our Summer 2021 Issue

Health Economics

An Update on the Substitution between Alcohol and Marijuana: Evidence from the Legal Drinking Age and Medical Marijuana Laws

Stephen Kisty, University of Pittsburgh -- This paper attempts to update the analysis that utilizes a regression discontinuity design to examine the effect of increased availability of legal alcohol at age 21, caused by the minimum legal drinking age in the United States, on the consumption of marijuana (Crost and Guerrero, 2012).