One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between £1000 and £120,000 (that is, up to approximately U.S. $200,000). When compared to two control groups — one with no wins and the other with small wins — these individuals go on eventually to exhibit significantly better psychological health. Two years after a lottery win, the average measured improvement in mental wellbeing is 1.4 GHQ points
The world spends a remarkable $250 billion a year on lottery tickets. Yet, perplexingly, it has prov...
We study the effect of lottery wins on the strength of social ties and its different types, includin...
Although certain researchers have attributed widespread lottery play to irrational beliefs that peop...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
International audienceWe use British panel data to determine the exogenous impact of income on a num...
We use British panel data to determine the exogenous impact of income on a number of individual heal...
We use British panel data to determine the exogenous impact of income on a number of individual heal...
We use British panel data to explore the exogenous impact of income on a number of individual health...
Paradoxically, the published literature on the psychological consequences of lottery wins has found ...
A surprisingly large number of lottery prizes go unclaimed every year. This leads us to suspect that...
The world spends a remarkable $250 billion a year on lottery tickets. Yet, perplexingly, it has prov...
We study the effect of lottery wins on the strength of social ties and its different types, includin...
Although certain researchers have attributed widespread lottery play to irrational beliefs that peop...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
One of the famous questions in social science is whether money makes people happy. We offer new evid...
International audienceWe use British panel data to determine the exogenous impact of income on a num...
We use British panel data to determine the exogenous impact of income on a number of individual heal...
We use British panel data to determine the exogenous impact of income on a number of individual heal...
We use British panel data to explore the exogenous impact of income on a number of individual health...
Paradoxically, the published literature on the psychological consequences of lottery wins has found ...
A surprisingly large number of lottery prizes go unclaimed every year. This leads us to suspect that...
The world spends a remarkable $250 billion a year on lottery tickets. Yet, perplexingly, it has prov...
We study the effect of lottery wins on the strength of social ties and its different types, includin...
Although certain researchers have attributed widespread lottery play to irrational beliefs that peop...