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World Cup Economics: A quantitative study of the relationship between FIFA world cup match results and stockmarket performances
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2013 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This paper investigates the possible relationship between FIFA World Cup match results and stock market performances. This is motivated by psychological and financial evidence that sporting results may affect mood and that mood in turn affects investment decisions thereby influencing the stock market. Previous studies provide evidences of sporting results having an impact on stock market performances. Having examined 266 FIFA World Cup match results for eleven countries, no significant statistical relationship was found for the majority of the matches. Considering certain limitations of the study it cannot be concluded that the absence or the presence of a relationship between FIFA World Cup match results and stock market performances exists.

Place, publisher, year, edition, pages
2013.
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-203579OAI: oai:DiVA.org:uu-203579DiVA: diva2:636958
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Available from: 2013-07-15 Created: 2013-07-15 Last updated: 2013-07-15Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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