• Journal of Cadastre & Land InformatiX
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• v.48 no.2
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• pp.5-20
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• 2018

This paper aims to analyze characteristic by the cities focused on the ratio of new apartment resale that is one of the apartment unit sale market, which has been increased recently. So, this study examined characteristics of population, apartment trade & sale, housing with 162 cities and counties and performed multiple regression analysis with dependent variable, ratio of new apartment resale. As a result. the factors affecting the ratio of new apartment resale are 7variables, apartment sales rate, transfer of ownership, apartment turnover rate, sale volume, regional apartment rate, population increasing rate, housing average apartment sale price rate. In terms of the increase in apartment sales prices, the rate of sales price increase was relatively low in areas where the transaction rate for apartment sales is high, and the number of apartment sales right transactions increased as the number of other ownership transfers rose. As a result, the data will be based on the improvement of the government's policies and systems to stimulate the transaction focused on the real estate agents in the apartment market.

• Environmental and Resource Economics Review
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• v.20 no.4
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• pp.689-733
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• 2011

This study evaluates a novel scheme to trade sulfur dioxide emission permits subject to non-uniform rates. These rates are based on generators' marginal costs of compliance with environmental policy in a hypothesized least social-cost solution. This scheme is compared against the existing trading program used by the U.S. Environmental Protection Agency, featuring permits tradable one for one. Both policies are modeled to yield identical aggregate emissions. A numerical partial-equilibrium model of the U.S. energy industry is used to infer sulfur dioxide concentrations and health damages, as well as producer and consumer surplus, under the two policies. Regional pollution levels are found to vary across the two policies significantly. The system of exchange rates is estimated to outperform the uniform-trading scheme by $2.2 billion in industry profits and $2.1 billion in health damages, but to reduce consumer surplus by $6.7 billion. Paradoxically, exchange rates are thus estimated to lower total welfare by $2.5 billion. This is due to conceptual mechanism-design problems, as well as empirical issues.

• Environmental and Resource Economics Review
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• v.33 no.2
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• pp.179-201
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• 2024

In introducing emissions trading schemes, many countries start with a high level of free allocation to reduce the sudden cost burden on companies and increase acceptance of the policy. The free allocation is then gradually reduced, considering the risks of carbon leakage. This aligns with the "polluter pays" principle and is often considered one of the elements of an advanced emissions trading scheme. In this context, this study uses a simple emissions trading market model to show that decreasing the free allocation rate may not be desirable if the emissions market is not perfectly competitive. In particular, by identifying the existence of a free allocation rate at which the cost inefficiency is minimized, this study demonstrates that having a low level of free allocation does not necessarily imply the improvement of the emissions trading scheme.

• Digital Contents
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• no.7 s.74
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• pp.23-26
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• 1999

최근 증시 호황과 더불어 전자상거래의 새로운 패러다임인 온라인 증권 거래가 활발히 추진되고 있다. 현재 온라인 증권 거래의 발전속도는 예상을 뛰어 넘어 98년 미국의 경우 전체 증권 거래에서 차지하는 비율이 25%에 달할 정도로 성장하고 있다. 아울러 국내 거래규모도 23조 9천억원이 넘는 등 높은 성장세를 보이고 있다.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.25 no.3
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• pp.615-625
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• 2015

This paper proposes new methods and examples for improving fraud detection rules based on banking customer's transaction behaviors focused on anomaly detection method. This study investigates real example that FDS(Fraud Detection System) regards fraudulent transaction as legitimate transaction and figures out fraudulent types and transaction patterns. To understanding the cases that FDS regard legitimate transaction as fraudulent transaction, it investigates all transactions that requied additional authentications or outbound call. We infered additional facts to refine detection rules in progress of outbound calling and applied to existing detection rules to improve. The main results of this study is the following: (a) Type I error is decreased (b) Type II errors are also decreased. The major contribution of this paper is the improvement of effectiveness in detecting fraudulent transaction using transaction behaviors and providing a continuous method that elevate fraud detection rules.

• 월간 기계설비
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• s.139
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• pp.14-16
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• 2002

공정거래위원회는 공정한 하도급거래질서의 조기 정착을 위하여 그 동안 중점 추진해온 주요 하도급정책의 세부기준을 마련하고자 하도급거래 공정화지지침을 개정하여 지난 1월 1일부터 시행에 들어갔다. 이번에 개정된 지침의 특징은 하도급대금의 현금성 결제비율을 제고하고 하도급법 운용방식을 사전예방 위주로 전환하기 위해 획기적인 현장직권조사와 면제방안 및 인텐시브 부여 방안을 담고 있다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.6
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• pp.560-565
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• 2016

In this study, we empirically scrutinize the relationship between short selling transactions and stock price behaviors using the stock market data in Korea during the period from January 2005 to March 2016. We chose the short selling volume ratio (SVR), stock lending volume ratio (LVR), and stock lending open interest ratio (LIR) as variables of the short selling trading activities. We construct portfolios based on the percentile of the short selling volume ratio during the sample period; upper-10%-SVR portfolio, upper-25%-SVR portfolio, upper-50%-SVR portfolio. We estimate the monthly firm-specific return and monthly skewness of the daily firm-specific returns of each portfolio. The firm-specific return or skewness is specified as a dependent variable and the short selling activities as explanatory variables. The results show that all of the statistically significant estimates of the short selling activities for the firm-specific returns are negative and that all of the statistically significant estimates of the skewness of the short selling activities are positive. These results support the hypothesis that short selling activities cause the stock price to decrease.

• The Korean Journal of Financial Management
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• v.10 no.1
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• pp.231-248
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• 1993

1987년의 블랙 먼데이 이후 많은 연구는 내재적(內在的) 가치(價値)와 상관없는 주가변동성(株價變動性), 즉 '노이즈'거래와 투기적 거래에 의한 주가변동성을 감소시킬 수 있는 방안을 강구하기 위하여 주식시장의 미시적 구조문제에 관심을 가져왔다. 정부기관이나 증권거래소에서 행해진 연구에 의하면 신용규제(信用規制)와 더불어 거래제동시스템을 하나의 해결책으로서 제시하였다. 그러나, 신용규제에 대해서는 많은 실증적 연구가 이루어진 반면, 거래제동시스템의 효과에 대해서는 주식시장에서의 실무적인 경험부족으로 상대적으로 극히 미미한 실정이다. 또한 거래제동시스템의 도입이 주식시장의 주가변동성을 감소시키는 효과가 있는 지에 대한 이론적 분석도 학자간에 의견이 분분하다. 본 연구는 한국증권시장에서 가격제한폭제도(價格制限幅制度)가 주가의 변동성을 감소시키는 효과가 있는 지에 대한 보다 신뢰성있는 실증적 증거를 제시하고 있다. 한국증권시장에서의 가격제한폭제도는 주가수준에 따라 개별주식별로 가격제한폭비율이 다르기 때문에, 가격제한폭제도가 주가변동성에 미치는 효과를 분석하는데 있어 가격제한폭 이외의 다른 요인을 통제하는 것이 가능하다 본 연구에서는 가격제한폭비율이 높은 포오트폴리오와 가격제한폭비율이 낮은 포오트폴리오를 구성하여 두 포오트폴리오 간에 주가변동성의 차이가 있는지를 비교하였다. 본 연구의 결과는 가격제한폭제도가 주가변동성을 줄여주는 긍정적인 효과가 있다는 것을 강하게 보여주고 있다.

• The Korean Journal of Financial Management
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• v.24 no.4
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• pp.135-161
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• 2007

In this paper, we study empirically the dividend initiation decisions of IPO firms listed on Korea Securities Market and KOSDAQ Market. Specifically, we study three aspects of dividend initiation decision, (a) dividend initiation decision, (b) dividend level decision, (c) time-to-initiation decision. The main results of this study can be summarized as follows. First, determinants suggested by the major theories of dividends, namely, residual dividend, dividend signaling, agency, catering, and transactions cost theory explain significantly the dividend initiation decision. Second, determinants suggested by the major theories of dividends explain significantly the dividend level decision. So to speak, most of the findings for dividend initiation decision also hold for the dividend level decision. Third, most of the factors that increase(decrease) the probability of dividend initiation reduce(increase) the time-to-initiation. Almost of the dividend initiation firms start paying dividends within two years of the IPO. Thus, if IPO firm does not initiate dividend early in the life of the firm, then it is highly likely that it will never initiate dividend.

• Proceedings of the Korean Information Science Society Conference
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• 2003.04a
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• pp.761-763
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• 2003

이동 컴퓨팅 환경은 협소한 대역폭. 전력공급의 한계성, 그리고 무선통신망의 낮은 신뢰성 등의 제약사항을 갖고 있다. 이동 컴퓨팅 시스템은 제한된 대역폭의 효율적인 사용과 거래의 수행성능을 향상시키기 위한 비용 효과적인 거래 스케줄링 알고리즘의 개발이 필요하다. 이 논문에서는 캐슁과 방송기법을 사용하는 이동 컴퓨팅 환경에서 이동 클라이언트의 갱신 연산이 가능한 경우에 캐쉬 데이터의 현재성과 상호 일관성을 만족할 수 있는 거래 스케줄링 알고리즘을 제안한다. 제안한 기법은 이동 클라이언트에서 사용하는 캐쉬에 있는 데이터에 대한 유효성을 각 데이터의 동적인 갱신 비율을 기준으로 하여 결정한다. 동적 갱신 비율의 도입은 거래의 철회율을 낮추어 제한된 대역폭의 사용과 서버의 부하를 줄여 시스템의 성능을 향상시킨다.