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1 Abstract The long-standing issue of the alcohol consumption level in Russia, remaining among the highest in the World, has resulted in the introduction of strict anti-alcohol regulations aiming to mitigate the negative aftermath. Substance abuse influences many spheres of life, including life satisfaction. Moreover, in the special case of Russia, hazardous drinking led to the increase in the probability of men's death. This thesis examines the relationships between the newly introduced anti-alcohol policies in Russia during the period from 2009 to 2014 and the life satisfaction of alcohol consumers. To perform the analysis, the Difference-in-Differences principle is applied to the sample derived from the two waves of the non-governmental survey conducted by The Russia Longitudinal Monitoring Survey - Higher School of Economics (RLMS-HSE). The respondents are divided into two groups: alcohol consumers (treatment group) and abstainers (control group). The analysis is firstly performed on the whole sample of the Russian population, then on the masculine subsample. The results of both parts of the analysis show no evidence of an increase in the life satisfaction of alcohol consumers following the implementation of the anti-alcohol regulations over the period under review. Keywords: taxes, life satisfaction,...