Showing 1 - 10 of 551
. Focusing on football (soccer), we built a novel dataset of national teams of European countries that have participated in the …
Persistent link: https://www.econbiz.de/10012597683
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...
Persistent link: https://www.econbiz.de/10011397924
What determines the structure of labour market institutions? This paper argues that common explanations based on rent sharing are incomplete; unions, job protection, and egalitarian pay structures may have as much to do with social insurance of otherwise uninsurable risks as with rent sharing and...
Persistent link: https://www.econbiz.de/10009786721
Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...
Persistent link: https://www.econbiz.de/10011941166
Unsustainable accumulation of debt precedes financial crises. The recent Western financial crisis was no exception in this regard. The external debt of Greece, Iceland, Ireland, and Spain increased exponentially, in Iceland at a rate higher than the rate of interest on foreign debt. The Ponzi...
Persistent link: https://www.econbiz.de/10012110219
Persistent link: https://www.econbiz.de/10003498579
This paper quantifies how much of violent crime in society can be attributed to football-related violence. We study the … universe of professional football matches played out in Germany's top three football leagues over the period 2011-2015. To … violent crimes on days with and without professional football matches while controlling for date heterogeneity, weather, and …
Persistent link: https://www.econbiz.de/10012669790
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10009540777
This paper examines the relation between crowd support and home advantage in professional football in making use of a … football divisions during the 2019/2020 season. We find that there is a reduced home advantage in the first division, whereas …
Persistent link: https://www.econbiz.de/10012287309
This paper investigates the relationship between electoral incentives, institutions and corruption. We assume that voters use a yardstick criterion. The incumbent provides a public good and extracts rent, which are financed by imposing a distortionary tax. We demonstrate the possibility that...
Persistent link: https://www.econbiz.de/10003730296