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The awarding of the Olympic Games to a certain city or the announcement of a city's Olympic bid may be considered as a news shock that affects agents' market expectations. A news shock implies potential impacts on the dynamic adjustment process that change not only the volatility but also the...
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Between sports and happiness. Using longitudinal data from the German Socio- Economic Panel (GSOEP), we find a positive … correlation between sports participation and reported life satisfaction. This relationship is stronger at younger and older ages … causal directions. It turns out that the causal impact of engaging in sports on happiness is about four times higher than the …
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