Gambling, saving, and lumpy liquidity needs
I present evidence that unmet liquidity needs for indivisible, “lumpy,” expenditures increase demand for betting as a second-best method of liquidity generation in the presence of financial constraints. With a sample of 1,708 sports bettors in Kampala, Uganda, I show that participants’ targeted payo...
| Autor principal: | |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
American Economic Association
2021
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/142317 |
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