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"Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct...
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We investigate the possibility that labor market discrimination affects economic outcomes in the complementary capital market. Previous research contains ample theoretical justification, and empirical evidence, that discrimination affects wages and employment in labor markets. However, the...
Persistent link: https://www.econbiz.de/10003910317
Championship and World Cup and the matches at the final tournaments of these two events, the Copa America and the Confederations …
Persistent link: https://www.econbiz.de/10003969605
We study the link between family violence and the emotional cues associated with wins and losses by local professional football teams. We hypothesize that the risk of violence is affected by the 'gain-loss' utility of game outcomes around a rationally expected reference point. Our empirical...
Persistent link: https://www.econbiz.de/10003951312
This paper shows that the gender world record ratio in four disciplines, i.e. marathon, triple jump, pole vault and 800 meters, follows an S-shape over time. It is argued that this pattern is initiated by a sudden drop in the social barrier for women to participate in these disciplines. This...
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