Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/124979
Authors: 
Picchio, Matteo
Suetens, Sigrid
van Ours, Jan C.
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9472
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.
Subjects: 
labor supply
income effects
wealth shocks
lottery players
JEL: 
J22
J29
Document Type: 
Working Paper

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