This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, we show that European Capitals are hosted in regions...

"Urban heritage, which is part of the conceptual expansion of cultural heritage, has become an extraordinarily complex notion. Any aspect of urban life and experience can become heritage and this heritage is then continuously re-interpreted and exploited as a source not only for a city's...