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Persistent link: https://www.econbiz.de/10012660233
We describe how the presence of insiders with superior information about potential outcomes of sporting events affects odds set by bookmakers, using a generalized version of the model in Shin (1991). The model has been widely cited as an explanation for the pattern of favorite-longshot bias...
Persistent link: https://www.econbiz.de/10014325167
I investigate the effects of population ageing on immigration policies. Voters' attitude towards immigrants depends on … how the net gains from immigration are divided up in the society by the fiscal policy. In the theoretical literature this … between immigration and fiscal policies and solve this apparent inconsistency. I show that the elderly and the poor have a …
Persistent link: https://www.econbiz.de/10011570167
increase immigration in the coming years to per capita levels not reached since the 1920s. We argue that economic immigration … examine the potential for increases in Canadian immigration levels to achieve this objective. Our analysis suggests that … Canada is not well-positioned to leverage heightened immigration to boost GDP per capita owing primarily to weak capital …
Persistent link: https://www.econbiz.de/10014294119
Firm ownership is a defining feature of immigrant adaptation with 41% of immigrants owning a firm at some point in their first 10 years after arrival. We use rich Canadian administrative data linking immigrant arrival records with individual and firm tax data to examine the process by which...
Persistent link: https://www.econbiz.de/10014380871
The economic literature on professional sports leagues suggests supporters' utility depends on uncertainty of outcome …
Persistent link: https://www.econbiz.de/10009733728
The paper analyses the impact of the relatively belated move to professionalism in Rugby Union. We use data on match attendance for 3,667 fixtures in European club Rugby over 15 seasons to estimate the effect of competitive balance on attendance. We find that (short- and medium-term) competitive...
Persistent link: https://www.econbiz.de/10009733752
Using data from 1,226 matches played over 18 seasons, we analyse match attendances in the group stages of the European Rugby Cup (ERC). We find that short-run (match) uncertainty had little effect on attendances. This finding is significant as the ERC has been replaced by a new competition which...
Persistent link: https://www.econbiz.de/10010399298
balance in sports leagues arising from the introduction of professionalism in Rugby Union in 1995. The first involves the …
Persistent link: https://www.econbiz.de/10010401961
Persistent link: https://www.econbiz.de/10009539231