Lottery wins and employment in a low-income country: Impacts and mechanisms (Record no. 528417)

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Personal name yen, Cuong Viet and Phung, Tung Duc
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Title Lottery wins and employment in a low-income country: Impacts and mechanisms
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Economic Development and Cultural Change
300 ## - PHYSICAL DESCRIPTION
Extent 73(1), Oct, 2024: p.61-86
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Summary, etc In this study, we examine whether a positive income shock, measured by lottery wins, affects labor supply and the employment of individuals in Vietnam using Vietnam Living Standard Surveys 1993 and 1998. We do not find significant effects of lottery wins on the probability of working or on working hours. However, we find that lottery wins tend to be invested in productive assets and nonfarm household businesses. As a result, individuals from lottery-winning households tend to quit their wage-earning jobs and move to nonfarm self-employment. A 1% increase in lottery winnings results in a 0.22% increase in nonfarm income and a 0.056% increase in per capita income (excluding lottery winnings).- Reproduced

https://www.journals.uchicago.edu/doi/10.1086/726536
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Main entry heading Economic Development and Cultural Change
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Item type Articles
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Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-12-04 73(1), Oct, 2024: p.61-86 AR133809 2024-12-04 Articles

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