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medals? Why does China win 6% of the medals even though it has 1/5 of the world's population? We consider the role of …
Persistent link: https://www.econbiz.de/10012470733
Economists are skeptical about the economic benefits of hosting "mega-events" such as the Olympic Games or the World …
Persistent link: https://www.econbiz.de/10012463794
's Soccer World Cup and to do well in that competition. This effect of relative labor force participation rates on athletic …
Persistent link: https://www.econbiz.de/10012469632
We provide the first analysis of racial in-group bias in Type-I and Type-II errors. Using player-referee matched data from NBA games we show that there is no overall racial bias or in-group bias in foul calls made by referees. Similarly, there is no racial bias or in-group bias in Type-I errors...
Persistent link: https://www.econbiz.de/10013172159
participation in sports for student athletes. Anecdotes about the exploitation of student athletes were cited in the opinion. This …
Persistent link: https://www.econbiz.de/10012599362
This paper uses firm-level information to evaluate how crises are transmitted internationally. It constructs a new data set of financial statistics, industry information, geographic data, and stock returns for over 10,000 companies in 46 countries to test what types of firms were most affected...
Persistent link: https://www.econbiz.de/10012470943
This paper develops and implements a framework for quantifying the gains to international trade in risky financial assets. The framework can handle may agents, many assets, incomplete markets and limited participation in asset markets. It delivers closed-form analytic solutions for consumption,...
Persistent link: https://www.econbiz.de/10012470954
How do countries hold their financial wealth? We construct a new database of countries' claims on capital located at home and abroad, and international borrowing and lending, covering 68 countries from 1966 to 1997. We find that a small amount of capital flows from rich countries to poor...
Persistent link: https://www.econbiz.de/10012470955
This paper describes the correlations between inequality and the growth rates in cross-country data. Using non-parametric methods, we show that the growth rate is an inverted U-shaped function of net changes in inequality: Changes in inequality (in any direction) are associated with reduced...
Persistent link: https://www.econbiz.de/10012470957
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966