Success in a Bottle

Just when you thought it was time to grow up and put the bottle down, researchers shine a forgiving light of hope on your dirty habit:

New study reveals that those who enjoy a tipple now and then earn 10 to 14 percent more than teetotalers

NEW YORK (CNNMoney.com) -- If you thought swigging beer or indulging in a glass of chardonnay was putting your career on a fast-track to nowhere, think again.

In fact, a study conducted by two economists and published Thursday by the Reason Foundation and in the latest edition of The Journal of Labor Research, says that drinkers earn 10 to 14 percent more than those who refrain from drinking.

"Instead of earning less money than nondrinkers, drinkers earn more," authors of the study, Bethany Peters and Edward Stringham, wrote. More specifically, the study found that workers who drank in a social setting earned more than those who tipped a glass at home.

The study contends that social capital, which entails everything from a person's charisma to the size of their social network, can be enhanced by drinking.

Those who drink socially, for example, may have an easier time finding a new job if they had made more business contacts, the authors claim, or they might strengthen relationships with co-workers or clients that could ultimately affect their salary.

Keep reading Happy hour for drinkers' wages.