Inside the Mind of
Seonghoon Kim
Kim Seonghoon serves as an Associate Professor of Economics; Deputy Director, Centre for Research on Successful Ageing (ROSA) at Singapore Management University. His research focuses on Health Economics, Labor Economics and Public Economics.
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“Our study finds that lottery winners spend about half their windfall within a year, with spending patterns varying based on financial constraints. These findings suggest that economic stimulus policies may be most effective when targeted at liquidity-constrained households, providing useful insights for economic interventions to boost economic activity.”