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