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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 evidence...
Persistent link: https://www.econbiz.de/10013317457
national teams: Belgium, Brazil, England, Germany, Italy and the Netherlands. We analyze qualifying matches for the European … Cup. We find that the national teams of Germany, England and the Netherlands are more likely than the three other national … teams to score in the last minute - including stoppage time. However, for Germans this comes at a cost. Germany is more …
Persistent link: https://www.econbiz.de/10013141748
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/10013154491
We examine the effect of the sending-off of a player on the goal-scoring rates in FIFA World Cup matches in tournaments from 1998 to 2014. We use a hazard rate framework in which the effect of a red card is modeled as a shift in the goal-scoring rate. A red card may harm the team that receives a...
Persistent link: https://www.econbiz.de/10012983899
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/10013144933
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...
Persistent link: https://www.econbiz.de/10013146459
We investigate the role of fatigue in soccer (football). Although this issue is important for the "productivity" of players and the optimal organization of national and international championships, empirical evidence is lacking. We use data on all the matches played by national teams in all the...
Persistent link: https://www.econbiz.de/10013077327
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi-experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...
Persistent link: https://www.econbiz.de/10012863807
.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true …
Persistent link: https://www.econbiz.de/10013127722
East and West Germany. As expected, there are substantial differences with respect to all three of these measures … or redistributive preferences. Nonetheless, individuals from East Germany tend to be more supportive of state …
Persistent link: https://www.econbiz.de/10013128215