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Effects of Deflation and Macroeconomic Shocks on Leisure Spending in the Pre-War Era: Evidence from Major League Baseball, 1890–1940
Pre-war baseball attendance data afford a unique opportunity to assess how leisure spending fared not only through deflation but also after such shocks as the Spanish Flu of 1918 and the 1929 Wall Street Crash. Long-run analysis via a vector error correction model (VECM) reveals significant cointegr...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer US
2023
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9838502/ https://www.ncbi.nlm.nih.gov/pubmed/36688214 http://dx.doi.org/10.1007/s11293-022-09756-3 |