Labor Supply Effects of Winning a Lottery

Matteo Picchio, Sigrid Suetens and Jan van Ours

No 9472, IZA Discussion Papers from IZA Network @ LISER

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: labor supply; wealth shocks; lottery players; income effects (search for similar items in EconPapers)
JEL-codes: J22 J29 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2015-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Published - published in: Economic Journal , 2018, 128 (611), 1700-1729

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https://docs.iza.org/dp9472.pdf (application/pdf)

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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