A model of financialization of commodities

We analyze how institutional investors entering commodity futures markets, referred to as the financialization of commodities, affect commodity prices. Institutional investors care about their performance relative to a commodity index. We find that all commodity futures prices, volatilities, and correlations go up with financialization, but more so for index futures than for nonindex futures. The equity-commodity correlations also increase. We demonstrate how financial markets transmit shocks not only to futures prices but also to commodity spot prices and inventories. Spot prices go up with financialization, and shocks to any index commodity spill over to all storable commodity prices

Baryon Operators and Baryon Spectroscopy

The issues involved in a determination of the baryon resonance spectrum in lattice QCD are discussed. The variational method is introduced and the need to construct a sufficient basis of interpolating operators is emphasised. The construction of baryon operators using group-theory techniques is outlined. We find that the use both of quark-field smearing and link-field smearing in the operators is essential firstly to reduce the coupling of operators to high-frequency modes and secondly to reduce the gauge-field fluctuations in correlators. We conclude with a status report of our current investigation of baryon spectroscopy.Comment: Invited talk at Workshop on Computational Hadron Physics, Cyprus, Sept. 14-17, 200

Effect of strain on the transport properties of the manganite systems

The effect of strain on the resistivity and thermopower of ferromagnetic manganites has been examined based on the model that incorporates the electron-lattice interaction through the Jahn-Teller effect and an effective hopping determined by nearest neighbour spin-spin correlation of t2g electrons. The metal insulator transition temperature associated with resistivity decreases with increase in strain. In the presence of large strain the system remains in the semiconducting state. Thermopower (S) is positive and increasing function of strain and it exhibits a maximum with temperature. The temperature where maximum of S appears, shifts towards higher (lower) value with in the presence of magnetic field (strain). A large magneto-thermopower that depends on strain is obtained around metal-insulator transition.Comment: 11pages, 4 figure

Reflection coefficient for superresonant scattering

We investigate superresonant scattering of acoustic disturbances from a rotating acoustic black hole in the low frequency range. We derive an expression for the reflection coefficient, exhibiting its frequency dependence in this regime.Comment: 7 page