Arbeitspapier

Labor Supply Effects of Winning a Lottery

This paper investigates how winning a substantial lottery prize affects labor supply. Analyzing data from Dutch State Lottery winners, we find that earnings are affected but not employment. Lottery prize winners reduce their hours of work but they are not very likely to withdraw from the labor force. We also find that the effects of lottery prizes last for several years and materialize predominantly among young single individuals without children.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 9472

Klassifikation
Wirtschaft
Time Allocation and Labor Supply
Time Allocation, Work Behavior, and Employment Determination: Other
Thema
labor supply
income effects
wealth shocks
lottery players

Ereignis
Geistige Schöpfung
(wer)
Picchio, Matteo
Suetens, Sigrid
van Ours, Jan C.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Picchio, Matteo
  • Suetens, Sigrid
  • van Ours, Jan C.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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