Picchio, M., Suetens, S. and van Ours, J. (2017). Labor Supply effects of winning a lottery Economic Journal, 128(611):1700--1729.
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Affiliated author
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Publication year2018
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JournalEconomic Journal
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.