In the Dutch Postcode Lottery a postal code (19 households on average) is randomly selected weekly, and prizes Ðconsisting of cash and a new BMW-- are awarded to lottery participants living in that postal code. On average, this generates a temporary, unexpected income shock equal to about eight...

In this paper the authors estimate a model of the allocation of time within the household using data that allows them to d istinguish between a large number of time uses. The model is explicitly derived within a utility maximization framework and can be estimated by relatively simpl e two-step...

In the Dutch Postcode Lottery a postal code (19 households on average) is randomly selected weekly, and prizes - consisting of cash and a new BMW - are awarded to lottery participants living in that postal code. On average, this generates a temporary, unexpected income shock equal to about eight...

In the Dutch Postcode Lottery a postal code (19 households on average) is randomly selected weekly, and prizes –consisting of cash and a new BMW-- are awarded to lottery participants living in that postal code. On average, this generates a temporary, unexpected income shock equal to about...

Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMW to lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors. Consistent with the life-cycle hypothesis, the effects on winners'...

In the Dutch Postcode Lottery a postal code (19 households on average) is randomly selected weekly, and prizes--consisting of cash and a new BMW--are awarded to lottery participants living in that postal code. On average, this generates a temporary, unexpected income shock equal to about eight...

This paper discusses some issues in the empirical implementation of game theoretic models of household labor supply. In particular we focus on the identification problems inherent in many of these models. As an illustration, we estimate a game theoretic model which uses data on preferred working...