We study the effect of wealth on labor supply using the randomized assignment of monetary prizes in a large sample of …

We estimate the causal effect of wealth on stock market participation using administrative data on Swedish lottery … intuitive ways. Standard lifecycle models predict wealth effects far too large to match our causal estimates under common …

We estimate the effects of large, positive wealth shocks on marriage and fertility in a sample of Swedish lottery … players. For male winners, wealth increases marriage formation and reduces divorce risk, suggesting wealth increases men …'s attractiveness as prospective and current partners. Wealth also increases male fertility. The only discernible effect on female …

estimate a positive but statistically insignificant effect of lottery wealth on players' own conviction risk. Our … estimate a less precise null effect of parental lottery wealth on child delinquency …

. This paper investigates whether these correlations reflect causal effects of wealth by leveraging random, positive wealth … their children's political participation. But winners of large lottery prizes become more negative toward taxes on wealth … wealth changes moral values or strengthen beliefs in the importance of hard work for success in life …