000			01230nam a22001337a 4500
999			_c528417 _d528417
008			241204b ||||| |||| 00| 0 eng d
100			_ayen, Cuong Viet and Phung, Tung Duc _949301
245			_aLottery wins and employment in a low-income country: Impacts and mechanisms
260			_aEconomic Development and Cultural Change
300			_a73(1), Oct, 2024: p.61-86
520			_aIn 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
773			_aEconomic Development and Cultural Change
942			_cAR