This study explores the optimal payout structure and prize distribution of instant (scratch-off) lottery games. Using ticket sales data for 185 instant lottery games sold between 2007 and 2011 by the Maryland State Lottery and Gaming Control Agency, we calculate the price elasticity of demand...

This article explores the effect of remittances on the prevalence and intensity of child labor in Bolivia. Using household survey data, we find that children in remittance-receiving households are less likely to be actively supplying labor, and the number of hours worked per week declines with...

This study examines how the level of financial development in a community affects households' decisions over how remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for productive investments or to purchase assets. Increasing...

This article explores the effect of remittances on the prevalence and intensity of child labor in Bolivia. Using household survey data, we find that children in remittance-receiving households are less likely to be actively supplying labor, and the number of hours worked per week declines with...

This study examines how the level of financial development in a community affects households' decisions over how remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for productive investments or to purchase assets. Increasing...

This article explores the effect of remittances on the prevalence and intensity of child labor in Bolivia. Using household survey data, we find that children in remittance-receiving households are less likely to be actively supplying labor, and the number of hours worked per week declines with...

This study examines how the level of financial development in a community affects households' decisions over how remittance income is spent. My findings suggest that in communities without banks remittances are more likely to be used for productive investments or to purchase assets. Increasing...