Equity mutual fund loads have fallen, while stock ownership rates and equity mutual fund use have risen, plausibly boosting the stock wealth elasticity of U.S. consumption. Because of limited wealth and diversification needs, load declines likely spurred middle-income families to invest in equity, consistent with cross-section data and the calibration model of Heaton and Lucas (2000). In load-m...

The capital income share exceeds the capital output elasticity if capital owners extract rents. Based on a sample of 111 countries during the period 1970-2010, this paper provides estimates of the capital output elasticity and compares these to countries' capital income shares. Three findings arise: (i) for the average country in the sample, the capital income share significantly exceeds the ca...

Cloud environments are being increasingly used for deploying and executing business processes and particularly Service-based Business Processes (SBPs). One of the expected features of Cloud environments is elasticity at different levels. It is obvious that provisioning of elastic platforms is not sufficient to provide elasticity of the deployed business process. Therefore, SBPs should be provid...

The aim of this work is to compare the antimicrobial efficiency of aminolevulinic acid-based photosensitization (ALA-photo) and chlorophyllin-based photosensitization (CHL-photo) against Gram-positive Listeria monocytogenes and Gram-negative Salmonella enterica, to assess some quantitative inactivation parameters of their survival curves and to propose a strategy for their effective inactivatio...

Our previous study revealed that aqueous extract of grape pomace obtained from a winemaking process could exert bactericidal action upon photo-irradiation via reactive oxygen species (ROS) formation. In the present study, we focused on chemical composition and prooxidative profile of the extract. Liquid chromatography-electrospray ionization-mass spectrometry (LC-ESI-MS) analysis showed that po...

The photo-oxidative decolorization of Direct Red 23 (DR23), a textile dye which is suspected to be carcinogenic was investigated using peroxydisulfate activated by UV irradiation and heat in a batch photo-reactor at experimental conditions. A very simple analytical method, direct UV–vis spectrophotometric detection, was utilized for the progress of photo-oxidative decolorization of dye in aqueo...

With increasing penetration of mobile devices, photo sharing services are experiencing a resurgence. Aside from providing storage, photo sharing services enable bandwidth-efficient downloads to mobile devices by performing server-side image transformations (resizing, cropping). On the flip side, photo sharing services have raised privacy concerns such as leakage of photos to unauthorized viewer...

We propose a framework for the unified analysis of mixed methods for elasticity with weakly symmetric stress. Based on a commuting diagram in the weakly symmetric elasticity complex and extending a previous stability result, stable mixed methods are obtained by combining Stokes stable and elasticity stable finite elements. We show that the framework can be used to analyze most existing mixed me...

This paper presents an approach to semi-automate photo annotation. Instead of using content-recognition techniques this approach leverages context information available at the scene of the photo such as time and location in combination with existing photo annotations to provide suggestions to the user. An algorithm exploits a number of technologies including Global Positioning System (GPS), Sem...