Who are the champions? Inequality, economic freedom and the olympics

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dc.contributor.authorGeloso, Vincentde
dc.contributor.authorKufenko, Vadimde
dc.date.accessioned2024-04-08T08:58:21Z
dc.date.available2024-04-08T08:58:21Z
dc.date.created2020-01-14
dc.date.issued2019
dc.description.abstractDoes a countrys level of inequality affect its ability to win Olympic medals? If it does, is it conditional on institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In these societies, institutions generate incentives to invest in the talent pool of individuals at the bottom of the income distribution (people who are otherwise constrained in the ability to expend resources on athletic training). These effects cancel out those of inequality. In unfree societies, the incentives that promote investments in skills across the income distribution are weaker. Consequently, the effects of inequality on the ability to win are stronger. Using the Olympics of 2012 and 2016 in combination with the Economic Freedom of the World Index, we find that inequality only matters in determining medal numbers for unfree countries. We link these results to the debates on inequality.en
dc.identifier.swb168724670X
dc.identifier.urihttps://hohpublica.uni-hohenheim.de/handle/123456789/6457
dc.identifier.urnurn:nbn:de:bsz:100-opus-16961
dc.language.isoeng
dc.relation.ispartofseriesHohenheim discussion papers in business, economics and social sciences; 2019,13
dc.rights.licensepubl-mit-poden
dc.rights.licensepubl-mit-podde
dc.rights.urihttp://opus.uni-hohenheim.de/doku/lic_mit_pod.php
dc.subjectOlympicsen
dc.subjectInequalityen
dc.subjectEconomic freedomen
dc.subjectInstitutionsen
dc.subject.ddc330
dc.subject.gndOlympische Spielede
dc.subject.gndUngleichheitde
dc.titleWho are the champions? Inequality, economic freedom and the olympicsde
dc.type.dcmiTextde
dc.type.diniWorkingPaperde
local.accessuneingeschränkter Zugriffen
local.accessuneingeschränkter Zugriffde
local.bibliographicCitation.publisherPlaceUniversität Hohenheimde
local.export.bibtex@techreport{Geloso2019, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6457}, author = {Geloso, Vincent and Kufenko, Vadim}, title = {Who are the champions? Inequality, economic freedom and the olympics}, year = {2019}, school = {Universität Hohenheim}, series = {Hohenheim discussion papers in business, economics and social sciences}, }
local.export.bibtexAuthorGeloso, Vincent and Kufenko, Vadim
local.export.bibtexKeyGeloso2019
local.export.bibtexType@techreport
local.faculty.number3de
local.institute.number520de
local.opus.number1696
local.series.issueNumber2019,13
local.series.titleHohenheim discussion papers in business, economics and social sciences
local.universityUniversität Hohenheimde
local.university.facultyFaculty of Business, Economics and Social Sciencesen
local.university.facultyFakultät Wirtschafts- und Sozialwissenschaftende
local.university.instituteInstitute for Economicsen
local.university.instituteInstitut für Volkswirtschaftslehrede

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