The Effect of Financial Resources on Homeownership, Marriage, and Fertility: Evidence from State Lotteries
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This paper leverages the universe of U.S. tax data and state lottery wins between 2000 and 2019 to estimate the causal effect of financial resources on three key lifecycle outcomes for young adults. We find large and persistent effects on homeownership, with a response function that exhibits
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美国国家经济研究局创建时间：
2022-12-01
