Our paper investigates how winning a substantial lottery prize affects labour supply. Analysing data from Dutch State Lottery winners, we find that winning a lottery prize reduces labour earnings in the year of the winning, as well as in the years after the winning. This suggests that winning a lottery prize makes one work less hours. The effects are small but statistically significant. We do not find a significant effect of lottery prizes on the probability to be employed.

Labour Supply Effects of Winning a Lottery / Picchio, Matteo; Suetens, Sigrid; van Ours, Jan C.. - In: ECONOMIC JOURNAL. - ISSN 0013-0133. - STAMPA. - 128:611(2018), pp. 1700-1729. [10.1111/ecoj.12465]

Labour Supply Effects of Winning a Lottery

PICCHIO, Matteo;
2018-01-01

Abstract

Our paper investigates how winning a substantial lottery prize affects labour supply. Analysing data from Dutch State Lottery winners, we find that winning a lottery prize reduces labour earnings in the year of the winning, as well as in the years after the winning. This suggests that winning a lottery prize makes one work less hours. The effects are small but statistically significant. We do not find a significant effect of lottery prizes on the probability to be employed.
2018
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11566/244865
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 32
  • ???jsp.display-item.citation.isi??? 33
social impact