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This paper explores the factors motivating people to attend the Dutch hardstyle festival, Defqon.1. This paper delivers new insights to festival attendance by including social and cultural factors in the motivational dimensions and considering a niche electronic music festival.

This research utilised qualitative methods to identify and gain detailed information about attendee's visitor motives. Eleven semi-structured in-depth interviews which focus on the influence of intangible features of visitor motivations were conducted.

The research result revealed an increased influence of social factors and decreased the effect of all other visitor motives. The subcultural ties amongst members of the hardstyle scene were identified as stronger than the ones of different electronic music scenes. The study concluded that social factors, such as friendships gain significant importance for stimulating return visits.

Contemporary music festivals, especially electronic events have not comprehensively been researched. Also, the effects of social and cultural factors on festival attendance have previously been neglected in research. Studies on popular electronic music genres, such as rave and hardcore, are from a sociological viewpoint. These studies revealed motivations of members of the subculture to be a part of the scene and to attend events.

New BMW welding lines are built around the KUKA IR 200 gantry‐mounted robot. John Hartley reports.

Examines the fourteenth published year of the ITCRR. Runs the whole gamut of textile innovation, research and testing, some of which investigates hitherto untouched aspects. Subjects discussed include cotton fabric processing, asbestos substitutes, textile adjuncts to cardiovascular surgery, wet textile processes, hand evaluation, nanotechnology, thermoplastic composites, robotic ironing, protective clothing (agricultural and industrial), ecological aspects of fibre properties – to name but a few! There would appear to be no limit to the future potential for textile applications.

Libraries need to develop information processing systems for evaluation, budgeting, planning, and operations. Electronic spreadsheets lend themselves to a variety of applications, but are time‐consuming to create. A model template and macros that can be used in many different types of library data analysis have been developed here. The procedures demonstrated here can build an essential set of tools for meeting fundamental goals of administrative efficiency, effective use of library resources, staff motivation, and rational policy making.

This study examines whether the law of one price (LOP) or price convergence holds during the COVID-19 pandemic for essential food items in India.

The authors use the daily retail price data of 22 essential food items from 103 Indian markets for two years (2019 as pre-COVID and 2020 as COVID period). Pesaran's (2007) second-generation panel unit-root test has been used to examine the price convergence of essential food commodities across various markets of different zones in the pre-COVID and COVID periods.

The authors find a tendency toward the convergence of prices across the spatially segregated markets for essential products. But, during the COVID period, there is a weak or no convergence of prices for essential food items. Hence, the LOP does not hold during the pandemic, indicating massive price deviations for food items across Indian markets. This has severe implications for food security as enormous price increases in some markets have been evidenced during the pandemic.

The study calls for immediate policy adoption to restore the disrupted supply chain of essential food items. Along with that, the public authority should strictly prohibit black marketing and unlawful hoarding of essential food items. In addition, farmers should be provided direct cash benefits for restoring their farming activities.

This paper is first study to examine that hypothesis of LOP in the context of COVID crisis.

In seminal work, Den Haan et al. (2007, 2010, 2011) show business loans respond in the opposite direction of what may be intended by monetary policy action in the United States and Canada. Based on various approaches, identification schemes, and samples, we document evidence this loan puzzle is not exclusive to developed economies but is also pervasive in emerging markets. We find business loans generally decline following expansionary monetary policy shocks. A preponderance of statistical and structural evidence indicates important transmissions of this puzzle from the United States to emerging markets.

Thanks to the advancement of digital image technology, digital single-lens reflex cameras (DSLRs) have replaced film single-lens reflex cameras. This advancement is reflected in some core technologies of DSLRs such as digital image sensors and electronic shutter mechanisms, which have allowed taking photographs even under tough conditions. In a similar vein, mirrorless interchangeable-lens cameras (MILCs) are now threatening to disrupt the DSLR market. Disruptive technologies represent a major challenge in forecasting. This paper uses specifications of over a 100 DSLRs and MILCs from the six leading dominant brands: Canon, Nikon, Sony, Pentax, Panasonic, and Olympus, for the analysis.

The concept of “neutral money” has a long history in monetary theory and macroeconomics. Like a number of other macro concepts, its meaning has been subject to a variety of interpretations over the decades. I explore the way in which Hayek used this term in his monetary writings in the 1930s and argue that “neutrality” for Hayek was best understood as the idea that monetary institutions were ideal if money, and changes in its supply, did not independently affect the process of price formation and thereby create false signals leading to economic discoordination, and especially of the intertemporal variety. This view was rooted in his work on money and the trade cycle in the late 1920s and early 1930s and also bound up with his understanding of “equilibrium theory.” The importance of his concept of neutrality was that it served as a benchmark for judging the comparative effectiveness of different monetary regimes and policies. That use is still relevant today.

This paper aims to analyse the stabilizing macroeconomic effects of economic policies during the COVID-19 crisis in Spain.

The contribution of the structural shocks that explain the behaviour of the main macroeconomic aggregates during 2020 are estimated, and the effects of economic policies are simulated using a dynamic stochastic general equilibrium (DSGE) model estimated for the Spanish economy.

The results highlight the importance of supply and demand shocks in explaining the COVID-19 crisis. The annual fall in gross domestic product (GDP) moderates at least by 7.6 points in the most intense period of the crisis, thanks to these stabilizing policies. Finally, the potential effects of Next Generation EU in the Spanish economy are estimated. Assuming that Spain may receive from the EU between 1.5 and 2.25 percentage points (pp) of GDP, activity could increase to between 2 and 3 pp in 2024.

To the best of the authors’ knowledge, the exercises and findings are original. All these results show the usefulness of a DSGE model, such as the estimated rational expectation model for Spain, as a practical tool for the applied economic analysis, the macroeconomic assessment of economic policies and the understanding of the Spanish economy.

This paper analyzes the regulatory effects on homeownership and rental prices in Spain in the years between 1977m1 and 2019m5, taking into account the economic crisis. It also studies the causal relationship of the prices of private housing (owned and rented).

Interrupted time series analysis has been used to analyze the legislative impact on the construction sector. Also, the Box–Cox transformation has been used to carry out the above analysis. Finally, Granger's test has made possible to determine the causal relationship between the price series.

The results obtained in this work show the partial positive effects of legislative instrumentalization, which in general result in decreasing trends of prices in both types of housing use. Likewise, the causal relationship between the prices of owned and rented housing shows that the latter do not provide any incentive with respect to the former.

The social implications in this work could be important since this paper analyzes the effects of (de)regulation on housing prices in Spain, and the policy implications could help to control the speculation in housing.

The results obtained in this work could be relevant, both from the point of view of future housing policies and of the agents involved and that of society in general. In addition, this work could contribute to fill the existing gap in this field in Spain, given the scarce literature that raises the objective, using quantitative methodologies.