We explore a hypothesis about the take-off in inflation that occurred in the early 1970s. According to the expectations trap hypothesis, the Fed was pushed into producing the high inflation out of a fear of violating the public's inflation expectations. We compare this hypothesis with the...

Based on a discrete choice experiment with 582 households in Switzerland, we find, that about 30% of the consumers focus on price risks (cost focus) when they choose an electricity tariff, while 70% of the customers are more worried about volume risks (comfort focus). Customers with a cost...

This study examines the market and price behavior is the supreme problem of commodity investors and trader. The present study spotlights the price behavior/movement and market behavior/volatile in Indian agricultural commodity market (MCX). The study aims to study the volatility and caused...

The past two decades have been characterized by an unprecedented increase in interior immigration enforcement and heightened stress due to fears of family separation and loss of income among undocumented immigrants. Using vital statistics on infant births from the National Center of Health...

The goal of this paper is to test if the promised U.S. electrical system high reliabilitystandards are being maintained, once states deregulate their electric utilities. This research is the first in the literature to combine states that offer retail choice, by deregulating their electric...

This study examines the price transmission between cotton prices in U.S., Indian, and Chinese futures markets. We focus on studying the long-run price movements using cointegration and alternate causality tests. The empirical results indicate the following: (a) the U.S. cotton futures market...

Cotton is one of the most important cash crops in Sub-Saharan Africa (SSA) and has had an important role in job creation, poverty reduction and foreign exchange generation. SSA cotton exporters face particularly three interconnected challenges - how to increase yields and quality in the context...

"The Cotton Kings relates a rip-roaring drama of competition in the marketplace and reveals the damage markets can cause when they do not work properly. It also explains how they can be fixed through careful regulation. At the turn of the twentieth century, cotton was still the major...

The cotton crisis: Lancashire, the American South, and the turn to "Empire Cotton" -- "The Black man's crop": The British Cotton Growing Association and Africa -- "The scientific redemption of Africa": Coercion and regulation in colonial agriculture -- "King Cotton's impoverished retinue":...

Bt Cotton, is genetically engineered with Bt (Bacillus thuringiensis), a bio-toxin which comes from soil bacteria. Bt which was isolated from soil in 1911, has been available to farmers as an organic pesticide since 1930.The engineered Bt gene produces a protein that cuts into the guts of...

"The epic story of the rise and fall of the empire of cotton, its centrality in the world economy, and its making and remaking of global capitalism. Sven Beckert's rich, fascinating book tells the story of how, in a remarkably brief period, European entrepreneurs and powerful statesmen recast...

This thoughtful study traces the impact of southern cotton on most of the important facets of life in antebellum America, including employment, international relations, agriculture, shipping, the U.S. economy, Native American relations, and the subjugation of humans. This one plant fashioned the...

"Nachhaltigkeit gibt es nicht zum Nulltarif - auch nicht bei dem, was wir auf der Haut tragen. Die ohnehin ökologisch bedenkliche Baumwolle wird immer teurer und knapper. Das Zeitalter des billigen T-Shirts geht zu Ende - ein spannender Ausblick."--

Following a critical review of the existing quantitative literature on cotton subsidies, a vector autoregression (VAR) is used to model the effects of US subsidies on the world cotton market from 1965 to 2001. Surprisingly, subsidies are found to have only a limited impact on prices despite...