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Ethnic Diversity and Social Capital in Indonesia
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 67, S. 376-395
Increasing Taxes After a Financial Crisis: Not a Bad Idea After All
In: Center for Financial Studies Working Paper No. 614
SSRN
Working paper
Factor Models for Ordinal Variables With Covariate Effects on the Manifest and Latent Variables: A Comparison of LISREL and IRT Approaches
In: Structural equation modeling: a multidisciplinary journal, Band 11, Heft 4, S. 487-513
ISSN: 1532-8007
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
Quantifying the intangible impact of the Olympics using subjective well-being data
Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show that hosting the Olympics increases subjective well-being of the host city's residents during the event, particularly around the times of the opening and closing ceremonies. However, we do not _nd much evi- dence for legacy e_ects. Estimating residents' implicit willingness-to-pay for the event, we do not _nd that it was worth it for London alone, but a modest wellbeing impact on the rest of the country would make hosting worth the costs.
BASE
The Host with the Most? The Effects of the Olympic Games on Happiness
In: DIW Berlin Discussion Paper No. 1599
SSRN
Working paper
Quantifying the Intangible Impact of the Olympics Using Subjective Well-Being Data
In: IZA Discussion Paper No. 12547
SSRN