ABSTRACT:Using a standard differences-in-differences (DD) technique and a modified DD in the slopes this paper determines that hosting the 1996 Summer Olympic Games boosted employment by 17 percent in the counties of Georgia affiliated with and close to Olympic activity, relative to employment increases in other counties in Georgia (the rate of growth increased 0.002 percentage points per quarter). Estimation of a random-growth model confirms a positive impact of the Olympics on employment. In addition, the employment impact is shown to not merely be a "MSA effect;" employment in the northern Olympic venue areas was found to increase 11 percent more post-versus pre-Olympics, compared with other similar Southern MSAs. The evidence of an Olympic impact on wages is weak.
Using a standard differences‐in‐differences (DD) technique and a modified DD technique in the slopes, this paper determines that hosting the 1996 Summer Olympic Games boosted employment by 17% in the counties of Georgia affiliated with and close to Olympic activity, relative to employment increases in other counties in Georgia (the rate of growth increased 0.002 percentage points per quarter). Estimation of a random‐growth model confirms a positive impact of the Olympics on employment. In addition, the employment impact is shown not to be merely a “metropolitan statistical area (MSA) effect”; employment in the northern Olympic venue areas was found to increase 11% more post‐ versus pre‐Olympics than it did in other, similar southern MSAs. The evidence of an Olympic impact on wages is weak.
This paper makes use of a unique data set to explore the issue of whether inner-city residents are more likely to be hired by a new inner-city development than non-residents. A selection model with partial observability is specified and estimated. This partial observability model allows us to control for self-selection at the application stage and to obtain unconditional estimates at the hiring stage. We determine, holding individual and neighbourhood characteristics constant, that while inner-city residents are less likely to be considered 'hireable', their greater propensity to apply for jobs at this development means that they were at least as likely as non-residents to both apply and be hired. We also tentatively conclude that distance between an applicant's residence and the location of the development does not appear to have been an issue in the application decision.
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