This article reports on an empirical analysis of the relationships bet
ween alcoholism and income and working. We show that the relationships
between alcoholism and labor market success have important age or lif
e-cycle dimensions. We present evidence that alcoholism may affect inc
ome more by restricting labor market participation than by affecting t
he wages of workers. Finally, we demonstrate that the effects of alcoh
olism on earnings depend on the extent to which one controls for other
covariates associated with alcoholism; as such, we suggest that there
may be important indirect as well as direct effects of alcoholism on
labor market success.