Beauty and the Bulls: The Investment Characteristics of Paintings . . . . . . . . . . 2 T h e rate of increase in fine paintings prices was large when compared with many other investments during the 1970s and was extraordinarily large from 1977 to 1980. One prominent explanation for the behavior of fine painting prices over this period is the ability of this asset to hedge against uncertain inf...

This paper presents lumped dual-frequency impedance transformers for frequency-dependent complex loads. According to different dual-frequency allocations of a complex load in Smith chart, three types of impedance matching networks are presented respectively. Several kinds of lumped circuit blocks are used as basic elements for constructing these transformers with design formula deduced. Various...

EAL GROSS domestic product (GDP) increased 2.2 percent at an annual rate in the fourth quarter of 2014, according to the third estimates of the national income and product accounts (NIPAs) (chart 1 and table 1).1 In the third quarter, real GDP increased 5.0 percent. The third estimate of real GDP growth was unrevised from the second estimate, and the general picture of the economy for the fourt...