A basic contention of industrial organization theory is that firm numbers and the distribution
of market shares among firms are important determinants of industry prices and profit. This …

JOD Ad more so than would be the case if the return pattern were a normal bell-shaped
distribution. For this reason, when sizable losses occur, they often appear as “six standard …

The relationships between changes in food sector input costs and retail food prices are
examined. Results indicate that increases in factor prices pass quickly to consumers, within two …

In recent years, interest in “alternative assets” has increased tremendously, driven by the
eternal search for superior risk-adjusted returns. Hedge “funds of funds” and principal-protected …

In 1997, the US government introduced Treasury inflation protection securities. These
instruments pay investors a fixed real rate with inflation-adjusted coupons and principal. From an …

A representation of the agriculture sector was a major component of the early macroeconometric
models developed by Klein and Goldberger in the 1950s. Since that time, accepted …

Private equity is a critical asset that has become widely accepted as a key component of
investment portfolios. Its major virtue is that it delivers attractive risk-adjusted returns with fairly …

It is frequently asserted that labor organizations have dominated the collective bargaining
process in some industries, extracting higher wages than in the absence of unionism. One …

A supply-shift concept of food price inflation is offered as an explanation of why food prices
have increased in recent years. This view is consistent with cost-push theories of inflation. …

For many years, investors have faced a dilemma in making asset allocations to commodity
trading advisers (CTAs). On one hand, numerous studies indicate that investing in CTAs …