Labour Supply Effects of Winning a Lottery
The Economic Journal , Volume 128 - Issue 611 p. 1700- 1729
Our article 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 fewer hours. The effects are small but statistically significant. We do not find a significant effect of lottery prizes on the probability of being employed.
|The Economic Journal|
|Organisation||Erasmus University Rotterdam|
Picchio, M, Suetens, S. (Sigrid), & van Ours, J.C. (2018). Labour Supply Effects of Winning a Lottery. The Economic Journal, 128(611), 1700–1729. doi:10.1111/ecoj.12465