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.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 9472
- Classification
-
Wirtschaft
Time Allocation and Labor Supply
Time Allocation, Work Behavior, and Employment Determination: Other
- Subject
-
labor supply
income effects
wealth shocks
lottery players
- Event
-
Geistige Schöpfung
- (who)
-
Picchio, Matteo
Suetens, Sigrid
van Ours, Jan C.
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2015
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Picchio, Matteo
- Suetens, Sigrid
- van Ours, Jan C.
- Institute for the Study of Labor (IZA)
Time of origin
- 2015
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