Study debunks theory that lottery wins can affect the winner's health

2016-06-20 Yahoo Canada Finance

David Cesarini, NYU and affiliated to IFN, an co-authors find in a study “no evidence” that wealth impacts winners’ risk of mortality except for a potential “small reduction” in the consumption of drugs. Cesarini explains: “Our findings suggest that in affluent countries with extensive social safety nets, causal effects of wealth are not a major explanation for the positive relationship between income and longevity, nor of the observed positive relationships between children’s outcomes and their parents’ incomes."

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