Here's what caught my eye in research over the past week:
- Milanovic (with ungated earlier version here) documents three eras of global inequality: (1) between 1820 and 1950, when inequality increased both between and within countries; (2) between 1950 and the 1990s, where inequality was high; and (3) since the 1990s, when inequality has fallen mostly thanks to increases in income in Asia, and particularly China (see here or here or here for more of Milanovic's work on related topics)
- Masset, Terrier, and Livat (open access) find that wines that use more feminine descriptors sell for similar prices to wines that use more masculine descriptors, but are perceived as having more limited ageing potential (in other words, more wine bullshit, like here or here)
- Connolly et al. (open access) find that allowing Sunday beer sales in Connecticut had a short-term impact on beer sales, but no impact on the number of grocery retailers or liquor stores
- Cattaneo et al. summarise the papers in a special issue of the Journal of Econometrics in honour of Jianqing Fan, devoted to data science in economics and finance (the papers themselves tend to be quite technical, but the summary, including on the work of Fan, seems good)
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