Winning big but feeling no better? The effect of lottery prizes on physical and mental health - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Pré-Publication, Document De Travail Année : 2014

Winning big but feeling no better? The effect of lottery prizes on physical and mental health

Résumé

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes: general health status, mental health, physical health problems, and health behaviours (drinking and smoking). Lottery winnings allow us to make causal statements regarding the effect of income on health, as the amount won by winners is largely exogenous. Positive income shocks have no significant effect on self-assessed overall health, but a significant positive effect on mental health. This result seems paradoxical on two levels. First, there is a well-known gradient in health status in cross-section data, and, second, general health should partly reflect mental health, so that we may expect both variables to move in the same direction. We propose a solution to the first apparent paradox by underlining the endogeneity of income. For the second, we show that lottery winnings are also associated with more smoking and social drinking. General health will reflect both mental health and the effect of these behaviours, and so may not improve following a positive income shock.
Fichier principal
Vignette du fichier
wp200909_v2.pdf (190.3 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

halshs-00566789 , version 1 (17-02-2011)
halshs-00566789 , version 2 (08-01-2014)

Identifiants

  • HAL Id : halshs-00566789 , version 2

Citer

Bénédicte Apouey, Andrew E. Clark. Winning big but feeling no better? The effect of lottery prizes on physical and mental health. 2014. ⟨halshs-00566789v2⟩
415 Consultations
554 Téléchargements

Partager

Gmail Facebook X LinkedIn More