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The paper provides a first ex post analysis of the financial burden and economic benefits of the World Cup in Germany 2006. On the usual cost-benefit measures, the experience of WC 2006 appears to be in line with existing empirical work on large sporting events and sport stadia which rarely...
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In this paper we provide an estimate of the likelihood of conflict between the federal government and the Bundesbank for the 1989 - 1998 period. We rely on a novel proxy for the impact of public communication by Bundesbank officials on the probability of conflict, in addition to interest rate,...
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