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Latest Ronni Pavan Stories

2011-02-07 15:10:56

Why in the United States are the rich getting richer and the poor getting poorer? Part of the answer lies in the unique economies of our larger cities, finds a study by Ronni Pavan of the University of Rochester and Nathaniel Baum-Snow of Brown University and the National Bureau of Economic Research. "Our results show that overall up to one-third of the growth in the wage gap between the rich and the poor is driven by city size independent of workers' skills," says Pavan. Using U.S. Census...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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