Är det värt det? Makroekonomiska effekter av att arrangera ett Olympiskt spel eller FIFA World Cup

Sammanfattning: The goal of this report is to explain the effects of hosting a mega sporting event, in this case the Olympics or the FIFA World Cup. Two different kinds of effects is examined; economical or cyclical which is represented by the unemployment rate and psychological effects which is represented by the number of suicides. A difference-in-difference method is applied comparing effects in host countries with effects in countries that applied for hosting the event but were not elected. The results show significant effects of hosting the Olympics on numbers of suicide; during the year of the Olympics host countries are experiencing fewer suicides than applicant countries. Hosting the Olympics may result in greater life-satisfaction among host country citizens. However the effects are reversed after the games where the number of suicides is higher in host countries suggesting a post-Olympic depression. The economical or cyclical effects in host countries are weak proposing low or no significant effects for host countries on the unemployment rate.