We project the medal number and medal ranking for the Olympic Games in London in 2012. The largest relative increase is predicted for Brazil (80% more medals) and the UK (+28%). UK will continue to rank 4th. The largest decreases in medal numbers are predicted for Australia (-13%, but remains in...

Rose & Spiegel (2011) find that Olympic Games host countries experience significant positive, lasting effects on exports. They interpret their results as an indication that countries use the hosting of such events to signal openness and competitiveness. We challenge these empirical findings on...

Nuclear energy is controversially discussed in many countries. Major nuclear accidents as recently in Fukushima set nuclear power plant security on top of the public agenda and increase pressure on policy makers to provide adequate reactions. Using data of the German Socio-economic Panel we...

Restrictions on new constructions and modernisations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however, has only small positive effects. This asymmetry indicates a potential omitted variable bias in previous empirical happiness studies, with the consequence of underesti-mated...

Rose & Spiegel (2011) find that Olympic Games host countries experience significant positive and lasting effects on exports. They interpret their results as an indication that countries use the hosting of such an event as a signal of their (new) openness and competitiveness. We challenge these...

Restrictions on new constructions and modernizations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

This paper investigates the 2001 referendum on the Allianz-Arena, a professional soccer stadium in Munich, Germany, with respect to lifestyle-specific voter preferences. Using political party affiliation and milieu probabilities as proxy variables, we find that lifestyle-specific preferences,...

The major sporting success of one's countrymen and women is often supposed to promote the growth of general participation in that sport. This study is the first to analyze the impact of sports heroes on the membership figures of the corresponding sports association by means of an econometric...