The goal of this research is to explore whether actual lottery revenues are sensitive to scarcity, as measured by intra-monthly variation in financial resources. Exogenous paydays of social security benefits are employed to generate the intra-monthly variation in financial resources. Using two...

The goal of this research is to explore whether actual lottery revenues are sensitive to scarcity, as measured by intra-monthly variation in financial resources. Exogenous paydays of social security benefits are employed to generate the intra-monthly variation in financial resources. Using two...

In this paper we explore whether the constitutional text has any practical meaning for welfare policy. To examine the empirical importance of the constitution, we first constructed for 68 countries an index of constitutional commitment to social security in five areas: Old Age, disability and...