Macroeconomic and Financial Analysis of Mega-Events

The objective of this book is twofold. Firstly, to construct a small macroeconometric simulation and forecasting model for the Greek economy, which then is used as an instrument to assess the economic effects of staging a mega sporting event. Secondly, to identify whether a stock exchange reaction to a mega sporting event announcement exists. In this work these issues are examined within the context of the Summer Olympic Games. The book offers a fair picture of economic modelling, a step-by-step explanation of the procedure and work involved in developing and using the models. The book could be of interest to economists as well as to the researchers in Olympic Games modelling, while the outcomes may also improve the information available to policy makers and potential future hosts of mega sporting events.

Autorentext
Kasimati, Evangelia Evangelia Kasimati is a Research Fellow at the Centre for Planning and Economic Research, Greece. She is also a Visiting Research Fellow at the Department of Economics and International Development, University of Bath. She holds a PhD from the University of Bath, and an MSc in Economics and Finance from the Warwick Business School, United Kingdom.