This week in research #66

Here's what caught my eye in research over the past week:

• Clements (open access) provides notes on getting a job, for PhD graduates in economics and finance
• Armstrong et al. (open access) find that legalisation of cannabis in Canada has no statistically significant effect on alcohol sales overall, but beer sales decreased significantly and was offset by a significant increase in sales of other alcoholic beverages
• Yechiam and Zeif provide another meta-analysis of loss aversion, concluding that findings of strong loss aversion are replicated when losses are smaller than gains and when gains and losses are presented in an ordered fashion, but for studies with symmetric gains and losses and no ordering of items, the loss aversion parameter is not statistically significant
• Capponi and Frenken (open access) investigate the careers of 473 scientists at Dutch universities during the period 1815–1943, and find that 'inbreeding' (having a PhD supervised by a professor who holds a PhD from the same university and within the same discipline) generally enhances academic performance, but only in the early lifecycle stages of a new intellectual movement
• Brooks et al. (open access) find that research produced by female finance academics is published in lower-rated journals and garners fewer citations, and that female-authored work in finance is ‘penalised’ more for its interdisciplinarity than similar research authored by men
• El Tinay and Schor find that the top five economics journals have cumulatively only published 25 unique research articles on the topic of climate change from 1975 to 2023, and that they have failed to engage with the role and consequences of domestic and global inequality in the dynamics of climate change
• Nielsen et al. estimate that Danes would be willing to pay €9.70 million to host a Formula One Grand Prix in Copenhagen, Denmark (not anywhere near what it costs, so don't expect a Danish Grand Prix again anytime soon)
• Pitts and Evans examine the impact of name, image, and likeness (NIL) rights on college football recruiting, and find that the average of the top-ten NIL valuations for a university’s football players was correlated with the perceived quality of the players recruited (so good players are attracted to colleges that have higher valued players already)