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b'In this week\\u2019s special episode, David discusses the economics of Christmas with Laura Birg, a post-doctoral researcher at the University of Goettingen, and Anna Goeddke, a professor of economics at the ESB Business School at Reutlingen University. Topics include the dead-weight loss of gift-giving, Christmas\\u2019 effects on seasonal GDP, increases in alcohol consumption, and the effect of secularization on Christmas celebrations. [Note: We will be taking a break next week for the holidays, but we will be back the following Monday, January 2, with the Washington Post\\u2019s Ylan Mui!] David\\u2019s blog: macromarketmusings.blogspot.com/ David\\u2019s Twitter: @davidbeckworth Anna\\u2019s VoxEU profile: http://voxeu.org/users/annagoeddeke0 Anna\\u2019s Twitter: @annagoeddeke Laura\\u2019s University of Goettingen profile: https://www.uni-goettingen.de/en/362254.html Related links: \\u201cChristmas Economics \\u2013 A Sleigh Ride\\u201d by Laura Birg and Anna Goeddke (2014) https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2526055 \\u201cThe Seasonal Cycle and the Business Cycle\\u201d by Robert Barsky and Jeffrey Miron (1988) http://www.nber.org/papers/w2688 \\u201cThe Business Cycle Effects of Christmas\\u201d by YI Wen (2001) https://www.discuto.io/sites/default/files/christmas2010.pdf We Wish you a Merry Christmas Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/'