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dc.contributor.authorBRÜCKNER, Markus
dc.contributor.authorPAPPA, Evi
dc.date.accessioned2014-01-10T14:14:05Z
dc.date.available2014-01-10T14:14:05Z
dc.date.issued2011
dc.identifier.issn0265-8003
dc.identifier.urihttp://hdl.handle.net/1814/29206
dc.description.abstractThe hosting and bidding for the Olympic Games is a natural experiment to test for anticipation effects in macroeconomics. We examine these effects using panel data for 184 countries during the period 1950-2006. We find that hosting the Games generates positive investment, consumption, and output responses already before the hosting of the Games. We also detect significant anticipation effects in countries that bid for the Games. While bidding for the Games has a transitory level effect, hosting the Games has a permanent level effect.en
dc.language.isoenen
dc.relation.ispartofseriesCEPR Discussion Paperen
dc.relation.ispartofseries2011/8516en
dc.relation.urihttp://www.cepr.org/pubs/dps/DP8516en
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.titleFor an olive wreath? : Olympic Games and anticipation effects in macroeconomicen
dc.typeWorking Paperen


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