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Economists are skeptical about the economic benefits of hosting "mega-events" such as the Olympic Games or the World Cup, since such activities have considerable cost and seem to yield few tangible benefits. These doubts are rarely shared by policy-makers and the population, who are typically...
Persistent link: https://www.econbiz.de/10012463794
This paper examines determinants of Olympic success at the country level. Does the U.S. win its fair share of Olympic 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 population and economic development in determining medal...
Persistent link: https://www.econbiz.de/10012470733
To prepare for the 2008 Olympic Games, China adopted a number of radical measures to improve air quality. Using officially reported air pollution index (API) from 2000 to 2009, we show that these measures improved the API of Beijing during and after the Games, but 60% of the effect faded away by...
Persistent link: https://www.econbiz.de/10012461750
The ongoing debate about the economic causes of obesity has focused on the changing relative prices of diet and exercise. This paper uses a model that explicitly includes time and spatially varying community-level urbanicity and price measures as instruments to obtain statistically correct...
Persistent link: https://www.econbiz.de/10012462786
politicians towards voters, in the context of the expansion of Facebook in Brazil. We use self-collected data on the universe of … Facebook activities by federal legislators and the variation in access induced by the spread of the 3G mobile phone network to …
Persistent link: https://www.econbiz.de/10013334523
Alcohol consumption has been frequently linked to family violence. The purpose of this paper is to examine the direct … relationship between the price of alcohol, which determines consumption, and violence towards spouses. The data come from the 1985 … of alcohol, as measured by a weighted average of the price of alcohol from beer, wine, and liquor, will serve to reduce …
Persistent link: https://www.econbiz.de/10012471895
The purpose of this paper is to empirically estimate the effect of alcohol advertising on motor vehicle fatalities. The … markets in the United States and includes 1200 observations. Since motor vehicle fatalities and alcohol advertising are … also estimated to predict the effect of changes in the price of advertising. The regression results show that alcohol …
Persistent link: https://www.econbiz.de/10012474220
We develop a dynamic portfolio-choice model with illiquid alternative assets to analyze conditions under which the "Endowment Model," used by some large institutional investors such as university endowments, does or does not work. The alternative asset has a lock-up, but can be voluntarily...
Persistent link: https://www.econbiz.de/10012479513
How can charities solicit high-capacity donors to provide the funds for matching grants and leadership gifts? In conjunction with one of Texas A&M University's fundraising organizations, we conducted a field experiment to study whether high-income donors respond to non-personal solicitations, as...
Persistent link: https://www.econbiz.de/10012480941
This paper examines a model in which advertisers bid for "sponsored-link" positions on a search engine. The value advertisers derive from each position is endogenized as coming from sales to a population of consumers who make rational inferences about firm qualities and search optimally....
Persistent link: https://www.econbiz.de/10012463396