Transfer payment distribution and increases in gambling activity

Andrew Weinbach, R. Paul

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

Attendance and wagering volume is examined at a greyhound racing track to determine if the distribution of transfer checks resulted in significant increases in these variables. Specifically, the impact of United States Social Security and federal assistance checks, which were released on the third of the month during the time frame studied, are investigated. Significant increases on check day were found for both attendance at the track and for betting volume in dollars. Lump-sum transfers from the government appear to lead to increases in gambling activity for liquidity-constrained consumers.

Original languageEnglish (US)
Pages (from-to)165-167
Number of pages3
JournalApplied Economics Letters
Volume17
Issue number2
DOIs
StatePublished - Feb 1 2010
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics

Fingerprint Dive into the research topics of 'Transfer payment distribution and increases in gambling activity'. Together they form a unique fingerprint.

Cite this