Labor Supply Effects of Winning a Lottery

Jan C. van Ours, Sigrid Suetens and Matteo Picchio

No 10929, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Income effects; Labor supply; Lottery players; Wealth shocks (search for similar items in EconPapers)
JEL-codes: J22 J29 (search for similar items in EconPapers)
Date: 2015-11
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Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Labour Supply Effects of Winning a Lottery (2018)
Working Paper: Labor Supply Effects of Winning a Lottery (2016)
Working Paper: Labor Supply Effects of Winning a Lottery (2015)
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