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cleared with the author or authors. Income and Lottery Sales: Transfers Trump Income from Work and Wealth

By Cletus C. Coughlin and Thomas A. GarrettCletus C. Coughlin and Thomas A. Garrett

Abstract

The views expressed are those of the individual authors and do not necessarily reflect official positions of the Federal Reserve Bank of St. Louis, the Federal Reserve System, or the Board of Governors. Federal Reserve Bank of St. Louis Working Papers are preliminary materials circulated to stimulate discussion and critical comment. References in publications to Federal Reserve Bank of St. Louis Working Papers (other than an acknowledgment that the writer has had access to unpublished material) should b

Topics: State lottery, consumption, propensity to consume, income JEL Codes, H71, H31
Year: 2008
OAI identifier: oai:CiteSeerX.psu:10.1.1.352.5473
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