• Title/Summary/Keyword: 기관투자가

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An Analysis on the Yield Curves for Active Bond Managements (적극적 채권운용전략을 위한 수익률곡선 분석)

  • Jeong, Hee-Joon
    • The Korean Journal of Financial Management
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    • v.25 no.2
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    • pp.1-31
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    • 2008
  • Before the financial crisis in 1997, Korean bond markets had been those of corporate bonds with relatively high market yield. During the period, most of major institutional investors tend to utilize passive strategies such as buying and holding. After the crisis, however, they could not help choosing active bond management strategies because of lowed yield level and intensified competition among the financial institutions. This study is forced on the yield curve, which is the reflection of all information on the bond investment environments. The study also make analysis on the major economic and securities market factors and its structural relationship with the shape of the curve such as level, curvature and slope. For these purposes, an empirical model based on the Nelson-Siegel Model is estimated with the data during $1999{\sim}2006$. Out-of-sample forecasting is also made to test the usefulness of the estimated model. In addition, the dependent variables which are the estimates of level and slope are estimated on the macro variables and securities market variables. VAR and SUR models are used for the estimation. Estimation results show that level and slope of the yield curve are influenced by the target call rate change, exchange rate change rate, inflation rate. These results provide practical implications for the active managements in the overall treasury bond markets.

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Domestic Trend Analysis of Mobile Mapping System through Geospatial Information Market and Patent Survey (공간정보 시장과 특허 조사를 통한 국내 Mobile Mapping System 동향 분석)

  • Park, Hong Gi
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.35 no.6
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    • pp.495-508
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    • 2017
  • Today, MMS (Mobile Mapping System) uses the strengths of individual sensor technologies on a variety of platforms to increase the efficiency of geospatial data collection. In this paper, we analyzed the market size and technology trend of mobile mapping market in Korea and abroad, and analyzed frequency, trend, and characteristics of MMS related patents. The results of the analysis are as follows: First, it is expected that the domestic and overseas mobile mapping market will continue to grow in the future, and MMS-related technologies and applications are rapidly developing. Active research and development investment is required to preoccupy future market through technology development and patent competition. Second, the frequency of filing domestic patents is highly correlated with the results of national R&D, and industrial patent applications are highly related to national projects. It is analyzed as the result of introduction of preemptive technologies and research and development of companies for preemption in related industry rather than market development. Lastly, in Korean geospatial information industry survey, It is necessary to maintain the data so that it can be compared with the data of foreign institutions. In particular, statistical data that can grasp the market size in terms of geospatial information utilization and technical aspects are desperately needed.

A Study on the Development of the High Water Channel in the Lower Han River (한강 하류 고수부지 형성 이력에 관한 분석 및 평가)

  • Lee, Sam-Hee;Hwang, Seung-Yong;Ryu, Young-Hoon
    • Proceedings of the Korea Water Resources Association Conference
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    • 2006.05a
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    • pp.1616-1621
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    • 2006
  • 하천 지형은 흐름과 유사거동에 의한 세굴 또는 퇴적에 의하여 끊임없이 변한다. 이 연구에서는 최근 하천지형의 변화가 크게 일어나고 있는 한강 신곡수중보 직하류 우안의 고수부지 형성 이력에 대한 조사 및 분석을 실시하였다. 조사결과, 1981년 이전까지 하중도(제주초도)가 안정된 형태로 존재하였으나, 1980년대 중반을 거치면서 하중도는 소멸되었고 1990년대 중반 이후부터 우안에 비슷한 규모의 고수부지가 생성되었음을 알 수 있었다. 이 고수부지의 형성과정을 평가하면 다음과 같다. 1) 초기단계(흐름 변화에 따른 이동사주의 정지): 1995년 이전까지는 하천 내 자연적/인위적 교란에도 불구하고 이열사주 형태의 이동상이 유지되다가 1995년 이후 1988년 준공된 신곡수중보의 직.간접적인 영향을 받는다. 이로 인한 하중도의 소멸이 가중되면서부터 신곡수중보 직하류 우안의 이동사주가 정지하기에 이른다. 2) 성장단계(조석에 따른 부유사 반복 퇴적): 이동상 사주가 정지된 뒤 매일 2회씩 반복되는 조석의 영향을 받은 고농도의 부유사가 정지된 사주 위에 반복되어 퇴적되는 양상이 일어난다. 3) 정착단계(정지사주의 고수부지화): 정지사주에서 부유사가 퇴적하고 갈대와 같은 초본류 식생이 활착하게 되면서 부유사 퇴적은 가중되어 간다. 이러한 과정에서 1999년과 같은 대홍수 때 부유사의 고수부지 내 퇴적이 결정적이었을 것이다. 4) 확장단계(고수부지 확장단계): 대홍수 때 고수부지의 퇴적과 아울러 산재하던 버드나무가 교란을 받아 고수부지에서 새로운 버드나무 군락의 터전을 이루어 밀생하게 된다. 향후 고수부지가 잠기는 규모의 홍수가 빈발할 경우 퇴적층의 유실보다는 부유사 퇴적이 많아져 고수부지는 확장단계에 접어들게 된다.70{\sim}90$ 시간 동안 실험을 수행하였다. 세굴의 측정은 투명한 아크릴로 제작된 수제 내부에 CC카메라를 수제 전 후면 및 측면에 설치하여 월류수제의 세굴 발생을 실시간으로 측정하며 동시에 수제의 각 면에 각각 3개의 압력센서를 설치하여 압력분포를 측정함으로써, 월류수제 주변의 압력변화에 따른 세굴심의 실시간 변화를 비교할 수 있도록 하였다. 수심이 연중 $25{\sim}35m$를 유지하는 H호의 경우 간헐식 폭기장치를 가동하는 기간은 물론 그 외 기간에도 취수구의 심도를 표층 10m 이하로 유지 할 경우 전체 조류 유입량을 60% 이상 저감할 수 있을 것으로 조사되었다.심볼 및 색채 디자인 등의 작업이 수반되어야 하며, 이들을 고려한 인터넷용 GIS기본도를 신규 제작한다. 상습침수지구와 관련된 각종 GIS데이타와 각 기관이 보유하고 있는 공공정보 가운데 공간정보와 연계되어야 하는 자료를 인터넷 GIS를 이용하여 효율적으로 관리하기 위해서는 단계별 구축전략이 필요하다. 따라서 본 논문에서는 인터넷 GIS를 이용하여 상습침수구역관련 정보를 검색, 처리 및 분석할 수 있는 상습침수 구역 종합정보화 시스템을 구축토록 하였다.N, 항목에서 보 상류가 높게 나타났으나, 철거되지 않은 검전보나 안양대교보에 비해 그 차이가 크지 않은 것으로 나타났다.의 기상변화가 자발성 기흉 발생에 영향을 미친다고 추론할 수 있었다. 향후 본 연구에서 추론된 기상변화와 기흉 발생과의 인과관계를 확인하고 좀 더 구체화하기 위한 연구가 필요할 것이다.게 이루어질 수 있을 것으로 기대된다.는 초과수익률이 상승하지만, 이후로는 감소하므로, 반전거래전략을 활용하는 경우 주식투자기간은 24개월이하의 중단기가 적합함을

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A Dominant Discharge Estimate for Channel Characteristics Quantity Survey (하도특성량 조사를 위한 지배유량의 산정)

  • Im, Chang-Su;Lee, Joon-Ho;Kim, Tae-Hee;Lee, Jae-Chul;Yoon, Sei-Eui
    • Proceedings of the Korea Water Resources Association Conference
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    • 2006.05a
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    • pp.66-71
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    • 2006
  • 최근에 하도계획의 주된 과제는 하천환경의 보전과 창조를 위한 비용의 최소화이며, 침식과 세굴에 대한 하천관리 시설의 안정성을 확보하기 위한 질적 안전도의 최대화에 있다. 이를 위해 하도의 변화를 전제로 이동상 현상을 고려하고 저수로의 특성을 파악하여 하도계획에 반영하는 것이 필요하다. 이러한 하도계획과 관리를 위한 주요한 도구로서 하도특성조사가 제시되고 있다. 우리나라에서는 수변 생태환경의 기능회복으로의 하천환경에 관심을 기울이기 시작한 단계에 머물러 있다. 국내에서도 일본 등 선진 외국과 같이 홍수시 재해를 크게 경감하고, 자연환경을 실질적이고 체계적으로 배려하면서 경제적 하도계획 및 관리에 역점을 두어야 할 시점에 이르렀다. 이를 위해서는 우선적으로 하천이 갖고 있는 고유 특성인 하도특성에 대한 조사가 선행되어야 한다. 본 연구에서는 대상하천을 선정하고 측량, 하상재료 채취 및 분석, 유사량 채취 등의 기초조사를 수행하였으며, 이에 따른 하도특성량을 분석하였다. 대상하천은 금강유역의 지천 하류부의 약 2km 구간을 선정하였으며, 2003년${\sim}$2004년에 3회에 걸쳐 측량을 실시하고, 구간내 구룡수위표에서 유량 몇 유사량을 측정하였다. 또한 대상구간내 14개 지점에서 하상토를 채취하여 입도분석을 실시하였으며, 구룡수위표 자료를 이용하여 수문자료를 구축하였다. 수집된 기초자료를 이용하여 대상구간의 강턱유량, 특정재현기간유량, 유효유량을 산정하여 지배유량을 결정하였다. 산정된 지배유량을 이용하여 하상경사, 대표입경, 저수로내 평균수심, 에너지 경사, 마찰속도, 무차원소류력, 하폭-수심비, 수심-입경비 등의 하도특성량을 산출하여 하천환경정비를 위한 기초자료로서 활용 될 수 있도록 하였다.구에 맞는 작물 생산 및 농촌관광단지 조성을 통해 부가가치증대 및 소득증대를 꾀함으로 농촌문제 해결에 도움이 될 것으로 기대된다. 본 연구를 통해 GIS 와 RS의 기술이 농촌분야에 더 효율적으로 적용될 것으로 기대되며, 농업기술센터를 통한 정보제공을 함으로써 대농민 서비스 및 농업기관의 위상이 제고 될 것으로 기대된다.여 전자파의 공간적인 가시화를 수행할 수 있었다. 본 전자파 시뮬레이션 기법이 실무에 이용될 경우, 일반인이 전자파의 분포에 대한 전문지식을 습득할 필요 없이, 검색하고자 하는 지역과 송전선, 전철 등 각종 전자파의 발생 공간 객체를 선택하여 실생활과 관련된 전자파 정보에 예측할 수 있어, 대민 환경정보 서비스 질의 개선측면에서 획기적인 계기를 마련할 것으로 사료된다.acid$(C_{18:3})$가 대부분을 차지하였다. 야생 돌복숭아 과육 중의 지방산 조성은 포화지방산이 16.74%, 단불포화지방산 17.51% 및 다불포화지방산이 65.73%의 함유 비율을 보였는데, 이 중 다불포화지방산인 n-6계 linoleic acid$(C_{18:2})$와 n-3계 linolenic acid$(C_{18:3})$가 지질 구성 총 지방산의 대부분을 차지하는 함유 비율을 나타내었다.했다. 하강하는 약 4일간의 기상변화가 자발성 기흉 발생에 영향을 미친다고 추론할 수 있었다. 향후 본 연구에서 추론된 기상변화와 기흉 발생과의 인과관계를 확인하고 좀 더 구체화하기 위한 연구가 필요할 것이다.게 이루어질 수 있을 것으로 기대된다.는 초과수익률이 상승하지만, 이후로는 감소하므로, 반전거래전략을 활용하는 경우 주식투자기간은 24개월이하의 중단기가 적합함을 발견하였다. 이상의 행

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A Study on the Building and Operating of the National Science Library (국가과학도서관 건립 및 운영에 관한 고찰)

  • Kwak, Dong-Chul
    • Journal of Information Management
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    • v.41 no.3
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    • pp.105-130
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    • 2010
  • Science and technology information resources are major impetus for all research and development activities. Now countries around the world are seeking efficient and effective means to cope with the exponential growth of needs for science and technology information for research. In this context, it has been perceived vital to establish national infrastructures in order to extend the availability of world's science and technology information. In Korea, it has been a recurring issue to build a national science library to prevent knowledge colonization and to gain a competitive edge in the fields. It is essential to have one as a national information infrastructure to assume the role of developing a sustainable model for access to the world's science and technology information, providing permanent access to them. In this paper, therefore, some issues concerning building and managing a new national science library in Korea are examined. In doing so, the following details are dealt with in detail. First, the rationale behind building a national science library is described, Second, the functions and roles of the library are defined, Third, previous discussions and attempts to build a national science library are reviewed and analysed. Finally, possible problems and issues raised in relation to build a national science library are probed, and future directions are also suggested. In this process, the recent strategic plan for national science library, national agriculture library, and national medical library, and changing plan for Sejong city are taken into consideration as influencing factors.

Effects of the Number of Visits and Length of Stay in Urban Forests on Subjective Well-Being - A Case Study of Seoul - (도시림의 방문회수와 체류시간이 주관적 웰빙에 미치는 영향 - 서울시를 중심으로 -)

  • Hong, Sung-Kwon;Kim, Jong Jin;Kim, Ju Mi
    • Journal of the Korean Institute of Landscape Architecture
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    • v.46 no.3
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    • pp.92-102
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    • 2018
  • The purpose of this study is to investigate if subjective well-being could be improved by visiting urban forests near residential areas. Because visiting an urban forest is not an intense positive experience, this research is focused on frequency of affective experience rather than intensity. The independent variables are number of visits and length of stay. The dependent variables are positive affect, negative affect, and life satisfaction. A polling agency was employed to select 600 respondents by quota sampling, and data was collected by online survey. The results of ANOVA showed that there was no interaction between the number of visits and length of stay. Regardless of the number of visits, the subjective well-being of visitors of urban forests was enhanced: (a) positive affect of respondents who had visited in the past 2 weeks was increased while negative affect was decreased, and (b) life satisfaction for those who had visited at least 1 time per month was enhanced among usual visitors. The stay of length, however, had little effect on the increase or decrease of these three variables. The results of this study support the existing theory that one could reset their genetically determined happiness set point to a higher level by participating in intentional activities such as visiting urban forests that offer ways to achieve long-lasting changes in well-being. This means that it would be a valuable government investment to construct and maintain urban forests for improving citizens' welfare. A few comments were suggested regarding data collection and inclusion of influencing variables to make future subjective well-being studies more reliable.

Developing Measurement Model and Indicators for Entrepreneurial Ecosystem: Focusing on Regional E-Ecosystem Indicator via Delphi Analysis (창업생태계 측정모형과 지표개발: 델파이분석을 통한 지역창업생태계 측정지표 개발)

  • Lee, Woo jin;Oh, Hye Mi;Kim, Do Hyeon;Kim, Jong Sung;Kim, Ga Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.4
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    • pp.1-15
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    • 2020
  • As the entrepreneurial ecosystem turns out to be a leading factor in improving nation's entrepreneurship, many studies are underway in the country to develop the start-up ecosystem. Although the entrepreneurial ecosystem is receiving attention as an essential factor for the nation's economic growth as well as entrepreneurship due to its inter-relationship with start-ups, government agencies and investors, criticism of measurement indicators has been increasing due to the different institutional and political contexts of each country, including the various definition of start-up ecosystem. In this study, we develop indicators that are suitable for domestic conditions in Korea and that can measure the level of start-up ecosystems in each regional level. FGI and Delphi surveys by scholarly experts in each field of start-ups & entrepreneurship were conducted to verify how well existing indicators fit the domestic situation and to develop indicators that can measure the local entrepreneurial ecosystem in Korea through close examination. As a result, the local entrepreneurial ecosystem consisted of three to four sub-components and 38 sub-components, each consisting of seven indicators, including Policy, Investment, Culture, Market, Human Capital, Support and Knowledge. It is expected that this research will be used to diagnose local start-up ecosystems and to propose discriminatory policies that can complement regional strengths and weaknesses.

Legislation Cases, Management Policies and Countermeasures on Scientific Data -Focusing Australia, the United States and China- (과학데이터에 관한 입법례와 관리정책 그리고 대응방안 -호주, 미국, 중국을 중심으로-)

  • Yoon, Chong-Min;Kim, Kyubin
    • Journal of Korea Technology Innovation Society
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    • v.16 no.1
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    • pp.63-100
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    • 2013
  • Research data means data in the form of facts, observations, images, computer program results, recordings, measurements or experiences on which an argument, theory, test or hypothesis, or another research output is based. Data may be numerical, descriptive, visual or tactile. Scientific research is changing because of the paradigm shift. It is all being affected by the data deluge, and a data-intensive science paradigm is emerging. Hence, paradigm shift in scientific research led to increase of value and importance of scientific data. Essential to the creative research and development for scientific data can be reused efficiently is the sharing and utilization of establishing management system. Establishing of management system for sharing and utilization of scientific data should be done at the national level, but compared with Europe, Australia, the United States, China, the management system of Korea doesn't have not linkage or efficiency or internal stability. Australia, the United States, China continues to expand a Mid- and Long-Term policy making, legislation, its investment in infrastructure, so as to promote the utilization of data, such as collection, management and maintenance of scientific data through the relevant agencies at the national level. This study consider legislation cases and management policies of the above countries to the end to that establish management system for the efficient and fair sharing and utilization of scientific data and the legal system, and that provide scientific data legislation and policies related to the future of our country.

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Characteristics of Input and Output of Scientific Research (국가별 과학연구 투입과 성과의 특성분석)

  • Park, Hyun-Woo;Kim, Kyung-Ho;Yeo, Woon-Dong
    • Journal of Korea Technology Innovation Society
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    • v.12 no.3
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    • pp.471-498
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    • 2009
  • The ability to judge a country's scientific standing is vital for the governments and businesses that must decide scientific priorities and funding. In this paper, we analyze the output and outcomes from research investment over the recent years, to measure the quality of scientific research on national scales and to set it in an international context. There are many ways to evaluate the quality of scientific research, but few have proved satisfactory. To measure the quantity and quality of science in different nations, we analyzed the numbers of published research papers and their citations. The number of citations per paper is a useful measure of the impact of a nation's research output. Essential at a were acquired from SCI database by Thomson Scientific, which indexes more than 8,000 journals, representing most significant materials in science and engineering. The purpose of this paper is to evaluate and compare the output and outcomes among nations in a variety of viewpoints and criteria. One of the implications in response to the result of analysis is that sustainable economic development in highly competitive world markets requires a direct engagement in the generation of knowledge. Even modest improvement in healthcare, clean water, sanitation, food, and transport need capabilities in engineering, technology, and medicine beyond many countries' reach. Nations exporting natural resources such as gold and oil can import technology and expertise, but only until these resources are exhausted. For them, sustainability should imply investment in alternative agricultural and technological capabilities through improvements in their skills base. A strong science base does not necessarily leat to wealth generation. However, strength in science has additional benefits for individual nations, and for the world as a whole.

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The Design of Intelligent Agent for Personal Finance Management System on Ubiquitous Environments (유비쿼터스 환경에서 개인자산관리 서비스를 위한 지능형 에이전트의 설계)

  • Shin, Kyung-Shik;Kim, Nam-Hee
    • Journal of Intelligence and Information Systems
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    • v.15 no.4
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    • pp.65-78
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    • 2009
  • The rapid changes of financial environment have increased the need and demand for personal financial advisory service from financial experts. In particular, as the individual customers want to get more customized financial services, the financial institutions created the private banking (PB) sector and have constantly expanded their PB services. However, it remains still problematic that the private banking system requires high costs so that the number of eligible customers who can have proper PB services is quite limited. To solve this problem, we propose an intelligent agent that can provides specialized and customized personal financial advisory services to the customers with low costs. The proposed agent systemizes and structures the information and knowledge of financial experts in private banking services so that individual customers can easily access to high-quality PB services when they need. On the first attempt we develop a framework of U-smart PB, an intelligent agent for personal financial management based on different scenarios related to personal financial decisions, and derive its core services. This system not only provides information simply, but also proposes to support personal investment decisions technically as an intelligent agent that embodies real-time customized financial management in a ubiquitous environment, regardless of time and place.

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