The effects of income on health: Evidence from lottery wins in Singapore

The effects of income on health: Evidence from lottery wins in Singapore

We estimate the causal effects of household income on self-reported health status by exploiting random variations in the amount of lottery prizes won. We find that a S$10,000 (US$7,245) increase in income via lottery wins improves individuals’ health by a standard deviation of 0.18. As possible mech...

Full description

Saved in:
Bibliographic Details
Main Authors: KIM, Seonghoon, KOH, Kanghyock
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
lottery prize
health
unearned income
Singapore
Asian Studies
Behavioral Economics
Health Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/2424
https://ink.library.smu.edu.sg/context/soe_research/article/3423/viewcontent/effects_of_income_on_health_av.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/2424
https://ink.library.smu.edu.sg/context/soe_research/article/3423/viewcontent/effects_of_income_on_health_av.pdf

Similar Items