+ + +
+ "The real cause for the inflation was structural, as political as it was economic. At its root, rising prices are an index of social tension." New on Phenomenal World, Andrew Elrod examines historical and present-day concerns of inflation. Link.
+ "Publicizing abuses has a significant impact on multinationals. Firms associated with an assassination have a median loss in market capitalization of over 100 million USD following violence." David Kreitmeir, Nathaniel Lane, and Paul Raschky study the effects of international media campaigns around human rights abuses on multinational corporations. Link.
+ Andreas Kern, Mario Negre, and Michael Aklin find "a strong relation between central bank independence and inequality." Link.
+ "We estimate that more than 2% of all properties in London, and up to 7% in some local areas are being misused through Airbnb as short-term holiday rentals." Zahratu Shabrina, Elsa Arcaute, and Michael Batty on Airbnb and the London housing market. Link.
+ Debolina Biswas analyzes the causes of declining inequality in rural Bengal, post-land reform. Link.
+ "Fintech borrowers are significantly more likely to default than neighbor individuals with the same characteristics borrowing from traditional financial institutions." Marco di Maggio and Vincent Yao compare fintech and traditional lenders. Link.
+ Chiara Benassi and Lisa Dorigatti examine the challenges of external work arrangements for industrial union bargaining strategies in Germany and Italy. Link.
+ "In an examination of the most recent 200 academic articles published in 2020 that cite [the retracted papers], Science found that more than half—including many in leading journals—used disgraced papers to support scientific findings and failed to note the retractions." By Charles Piller. Link.
+ "Using a novel data set on 2,483 British privateering cruises, we show that state-licensed raiding of commercial vessels was a popular and flourishing business among merchants that took a serious toll on enemy trade from 1689 to 1815. Why, then, did privateering merchants gradually turn away from these profitable endeavors? We show that the expansion of overseas trade increased the opportunity costs for merchants and resulted in the decline of privateering. Our findings document that the decline of privateering had as much to do with an expanding maritime economy as with the rising naval power of the British state." By Henning Hillmann and Christina Gathmann. Link.
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