Update: What are the income elasticities for those who purchase lotto tickets? @KathyLouEcon and @JohnASpry estimate these elasticities w/ daily lottery data from Wash state, concluding the lotto games are a highly regressive source of revenue. More her…
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RT @CEP_WEAI: What are the income elasticities for those who purchase lotto tickets? Combs and @JohnASpry estimate these elasticities w/ da…
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RT @CEP_WEAI: What are the income elasticities for those who purchase lotto tickets? Combs and @JohnASpry estimate these elasticities w/ da…
492 followers
What are the income elasticities for those who purchase lotto tickets? Combs and @JohnASpry estimate these elasticities w/ daily lottery data from Wash state, concluding the lotto games are a highly regressive source of revenue. More here: https://t.co/…