Number of recipients who worked in the survey week Total number 2001 Lottery Winners 160 66 Lottery Non-winners 2696 859 All Lottery Players 2856 924 2002 73 1034 1107 Total Hours of Work By All players in the Survey Week Total number 2001 2002 Lottery Winners 160 891 768 Lottery Non-winners 2696 10289 11349 All Lottery Players 2856 11180 12117
Number of recipients who worked in the survey week Total number 2001 Lottery Winners 160 66 Lottery Non-winners 2696 859 All Lottery Players 2856 924 2002 73 1034 1107 Total Hours of Work By All players in the Survey Week Total number 2001 2002 Lottery Winners 160 891 768 Lottery Non-winners 2696 10289 11349 All Lottery Players 2856 11180 12117
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
100%
Looking at the image attached:
2856 lottery players were asked about how many hours they worked in the last week, a year apart. Among these, 160 won the lottery between when the survey was first taken, and the next year. The players were then asked how many hours they worked in the previous week again.
Question:
a.) Using a standard difference-in-differences table to aid you, explain what effect winning the lottery had on the employment rate of lottery players.
b.) Developing another standard difference-in-differences table, explain the effect winning the lottery had on the weekly hours worked by players who worked positive hours during the week.
Transcribed Image Text:Number of recipients who worked in the survey week
Total number
2001
Lottery Winners
160
66
Lottery Non-winners
2696
859
All Lottery Players
2856
924
2002
73
1034
1107
Total Hours of Work By All players in the Survey Week
Total number
2001
2002
Lottery Winners
160
891
768
Lottery Non-winners
2696
10289
11349
All Lottery Players
2856
11180
12117
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