Kuhn, Peter; Soetevent, Adriaan; Kooreman, Peter; … - National Bureau of Economic Research (NBER) - 2008
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...