Wage and Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered
Hamburg University of Economics and Politics
University of Hamburg - Faculty of Economics and Business Administration
Hamburg Contemporary Economic Discussion Paper No. 25
We estimate the economic effects of the 1996 Atlanta Olympic Games. Our difference in difference model checks for serial correlation and allows for a simultaneous test of level and trend effects, but otherwise follows HOTCHKISS, MOORE, & ZOBAY (2003) in this journal. We were not able to reconfirm their finding that the Games had significant positive employment effects. We do, however, reaffirm their result of no significant wage effects.
Number of Pages in PDF File: 13
Keywords: Olympic Games, sports economics, mega events
JEL Classification: H54, R12, L83
Date posted: December 11, 2009
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