• Title/Summary/Keyword: 누적 충격

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국제통화기금(IMF)구제금융도입과 우리나라 금융기관 주가반응에 관한 실증적 연구

  • Lee, Myeong-Cheol;Gang, Jong-Man;Park, Ju-Cheol
    • The Korean Journal of Financial Studies
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    • v.7 no.1
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    • pp.49-69
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    • 2001
  • 본 연구에서는 IMF 구제금융도입과 관련된 일련의 사건들이 우리나라 금융기관 주가에 미친 영향을 분석하여 금융기관에 대한 시장전망의 추이를 알아보았다. IMF 구제금융도입은 궁극적으로 안정된 금융시스템을 추구한다는 (+)의 효과와 금융기관구조조정에 따른 규제와 이에 드는 비용으로 인한 (-)의 효과가 혼재되어 있다. IMF 구제금융도입과 이에 따른 제도정비에 금융기관 주가가 보인 반응을 살펴보기 위하여 IMF 긴급구제금융요청, 구제금융지원협상 타결, 금융개혁관련법안 국회통과, 외채협상타결, 기업구조조정 관련법안 국회통과 등 5개를 사건일1, 2, 3, 4, 5로 하여 사건연구방법에 의하여 분석하였는데 그 결과는 다음과 같다. 첫째, 사건일 1, 2, 3, 4에서는 누적평균초과수익률이 유의한 (-)의 반응을 보여 금융기관의 기업가치에 관한 부정적 반응이 나타났다. 그러나 사건일5(기업구조조정 관련법안 국회통과)를 계기로 누적평균초과수익률이 유의적이지는 않지만 (+)의 반응으로 반전되고 있어 금융기관에 대한 시장전망이 나아짐을 보여주었다. 둘째, 누적평균초과수익률이 일반은행과 다른 업종(증권, 종금, 보험)간에는 유의한 차이가 있었으나 다른 업종(증권, 종금, 보험)간에는 유의한 차이가 없었으며 금융기관의 누적초과수익률이 자기자본비율과 유의한 (+)의 선형관계로 나타나지 않아 IMF 충격으로 시장효율성이 저하된 것으로 나타났다. 그러나 이 또한 사건일5(기업구조조정 관련법안 국회통과)를 계기로 강력한 구조조정과정을 겪고 있는 종합금융회사를 제외하고는 누적초과수익률이 자기자본비율과 유의적이지는 않지만 (+)의 반응이 보여 시간이 경과함에 따라 IMF 충격으로 야기된 비효율적인 시장반응이 개선되고 있음이 밝혀졌다.

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Extracorporeal Shock Wave Lithotripsy for Proximal Ureter Stone with Complete Obstruction : Analysis of the Appropriate Session for Changing Treatment Modality According to Stone Size (완전 폐색을 동반한 상부 요관 결석에 대한 체외충격파쇄석술 : 결석의 크기에 따른 적절한 치료 전환 시기 분석)

  • Son, Soon-Yong;Lee, Won-Hong
    • Journal of radiological science and technology
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    • v.28 no.4
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    • pp.287-291
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    • 2005
  • To determine the appropriate session for changing treatment modality according to the size of proximal ureter stone with complete obstruction, We analyzed 201 patients with proximal ureter stone primarily treated by Dornier MPL 9000 lithotripter from January, 2002 to August, 2004. Of total 201 patients, the patients without complete obstruction were 142, and with complete obstruction were 59. In the patients without complete obstruction, the accumulative stone free rate of the first, second, and third session were 68.3%, 86.6%, and 94.4%, respectively. The accumulative stone free rate according to the stone size at third session were 100%, 90.5%, 00.0% in stones less than 10 mm, 10 to less than 20 mm, and larger than or 20 mm, respectively. In the patients with complete obstruction, the accumulative stone free rate of the first, second, and third session were 44.1%, 66.1%, and 76.3%, respectively. The accumulative stone free rate according to the stone size at third session were 100%, 65.5%, 33.3% in stones less than 10 mm, 10 to less than 20 mm, and larger than or 20 mm, respectively. In our study, the size of proximal ureter stone with complete obstruction influenced noticeably on the success rate of extracorporeal shock wave lithotripsy (ESWL). We propose that the proximal ureter stones larger than or 10 mm with complete obstruction are treated by ureteroscopic manipulation than ESWL as the first line treatment modality.

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The Effects of International Finance Market Shocks and Chinese Import Volatility on the Dry Bulk Shipping Market (국제금융시장의 충격과 중국의 수입변동성이 건화물 해운시장에 미치는 영향)

  • Kim, Chang-Beom
    • Journal of Korea Port Economic Association
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    • v.27 no.1
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    • pp.263-280
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    • 2011
  • The global financial crisis, triggered by the subprime mortgage crisis in 2007, has put the world economy into the recession with financial market turmoil. I tested whether variables were cointegrated or whether there was an equilibrium relationship. Also, Generalized impulse-response function (GIRF) and accumulation impulse-response function (AIRF) may be used to understand and characterize the time series dynamics inherent in economical systems comprised of variables that may be highly interdependent. Moreover, the IRFs enables us to simulate the response in freight to a shock in the USD/JPY exchange rate, Dow Jones industrial average index, Dow Jones volatility, Chinese Import volatility. The result on the cointegration test show that the hypothesis of no cointergrating vector could be rejected at the 5 percent level. Also, the empirical analysis of cointegrating vector reveals that the increases of USD/JPY exchange rate have negative relations with freight. The result on the impulse-response analysis indicate that freight respond negatively to volatility, and then decay very quickly. Consequently, the results highlight the potential usefulness of the multivariate time series techniques accounting to behavior of Freight.

Correlation between Egg Breakage and Cumulative External Forces on Eggs during Egg Collection in Laying Hen Farms (산란계 농장 계란 이송라인의 누적충격강도와 파각발생율의 상관성 분석)

  • Dong-Hae Joh;Byung-Yeon Kwon;Da-Hye Kim;Da-Hye Kim;Kyung-Woo Lee
    • Korean Journal of Poultry Science
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    • v.50 no.1
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    • pp.23-30
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    • 2023
  • This study was conducted to analyze the correlation between egg breakage rate and cumulative external forces on eggs during the egg transfer system in 12 commercial layers farms. The commercially available electronic egg device was used to detect the external forces on eggs during egg collection systems. In addition, egg breakage rate per farm was collected. It was found that the external force on eggs were greater in the order of washer and dryer connection part, conveyor connection part, transfer, sorter, collecting elevator, packer, egg transfer connection part, and egg tray. A positive relationship between the external forces on eggs during egg transit system and the incidence of cracked eggs per farm was noted. The external forces on eggs varied from 5G to 38G depending on the location and the egg breakage rate ranged from 3.2 to 14.5% per farm. Although efforts to produce eggs with high eggshell quality are considered important, extra care should be made to lower the external forces on eggs during the egg transfer system from laying house to egg packing center.

A Pilot Study on Nondestructive Assessment of Compressive Strength Using Impact Force Response Signal (충격력 응답신호를 이용한 비파괴 압축강도 산정에 관한 기초연구)

  • Son, Moorak;Choi, Yoonseo
    • Journal of the Korean GEO-environmental Society
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    • v.20 no.4
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    • pp.5-9
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    • 2019
  • This paper is to provide the results of a pilot study of the usability and possibility of impact force response signal induced from impacting an object for the assessment of compressive strength of various materials (rock, concrete, wood, etc.) nondestructively. For this study, a device was devised for impacting an object and measuring the impact force. The impact was carried out by an initial rotating free falling impact and following repetitive impacts from the rebound action which eventually disappears. Wood and rock test specimens for different strengths were tested and an impact force response signal was measured for each test specimen. The total impact force signal energy which is assessed from integrating the impact force response signal was compared with the directly measured compressive strength for each specimen. The comparison showed that the total impact force signal energy has a direct relationship with the directly measured compressive strength and the results clearly indicated that the compressive strength of construction materials can be assessed nondestructively using total impact force signal energy which is assessed from integrating the impact force response signal induced from impacting an object.

Numerical Modeling for Cumulative Impact of Automotive Bumper (자동차 범퍼의 누적 충격 평가)

  • Kim, Heon-Young;Choi, Jong-Gil;Kim, Jung-Min;Lee, Kang-Wook;Yeo, Tae-Jung
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.3
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    • pp.29-34
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    • 2007
  • Numerical analyses are carried out to evaluate the cumulative impact damage of an automotive front end bumper under the low speed crash events(CMVSS215) by using explicit code. Results of first impact simulation, which are deformed shape, thickness, stress tensors and strain tensors, are used as the initial conditions for a next impact simulation. Between the events, the residual vibration is damped out by using nodal damping, and then recovery after each event is evaluated by several methods, one of which is a springback analysis with implicite finite element analysis code. The coupled analysis scheme for the evaluation of cumulative impact damage is verified through the comparison with test results.

A study on the forecasting models using housing price index (주택가격지수 예측모형에 관한 비교연구)

  • Lim, Seong Sik
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.1
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    • pp.65-76
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    • 2014
  • Housing prices are influenced by external shock factors such as real estate policy or economy. Thus, the intervention effect is important for the development of forecasting model for housing price index. In this paper, we examined the degree of effective power of external shock factors for forecasting housing price index and analyzed time series models for efficient forecasting of housing price index. It is shown that intervention models are better than other models in forecasting results using real data based on the accuracy criteria.

Experimental study on the pulse jet cleaning for bag-filter (여과 집진기에서 충격 기류식 역세척 효과에 대한 연구)

  • 박병현;조영민
    • Proceedings of the Korea Air Pollution Research Association Conference
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    • 2002.11a
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    • pp.415-416
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    • 2002
  • 급속한 경제발전에 따라 생활 수준이 향상되고 생활양식도 많이 변화되고 있으며 가정이나 생산현장에서 발생하는 폐기물의 발생량은 급속히 증가하고 있다. 해마다 누적되어 가는 폐기물 매립량의 증가로 인하여 기존 폐기물 매립지는 현재 거의 포화 상태에 달해 있다. 이에 따라 우리나라의 폐기물 처리 방법은 기존의 매립위주에서 소각처리로 점차 확대되어 나가고 있는 실정이지만 소각시설 인근 지역의 환경 질 저하에 대한 문제점 및 주민민원 발생 또한 빈번해지고 있는 추세이다. (중략)

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현장 측정 데이터를 이용한 SG 세관 마모량 예측 방법

  • 김태순;이용선;박치용
    • Proceedings of the Korean Institute of Industrial Safety Conference
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    • 2002.05a
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    • pp.184-189
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    • 2002
  • 기계부품 및 구조물의 상호접촉면이 미소변위에 의해 상대운동을 할 때 접촉면에서는 마모가 발생하고 이러한 마모현상은 당해 구조물의 안전성을 심각하게 위협하는 결과를 초래하게 된다. 이러한 마모 현상에 대한 근래의 연구동향으로는 $Engel^{(1.2)}$ 이 충격(impact)에 의한 마모에 대해, 그리고 $Waterhouse^{(3)}$ 는 미끄럼(sliding) 마모에 대해 연구한 바 있다. 원자력발전소의 증기발생기(steam generator) 내에서 1차측의 세관(tube)과 2차측에 속하는 지지물(supporter) 또는 방진대(antivibration band) 사이에서 세관의 진동으로 인해 지지물과 충돌을 일으키고 충돌 횟수가 누적되면 세관의 마모로 이어져 결국 세관의 건전성은 침해받게 된다.(중략)

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On a bivariate step-stress life test (두 개의 부품으로 구성된 시스템의 단계적 충격생명검사에 관한 연구)

  • 이석훈;박래현;박희창
    • The Korean Journal of Applied Statistics
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    • v.5 no.2
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    • pp.193-209
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    • 1992
  • We consider a Step Life Testing which is deviced for a two-component serial system with the considerably long life time. In the modelling stage we discuss the bivariate exponential distribution suggested by Block and Basu as the bivariate survival function for the two-component system, and develope the cumulative exposure model introduced by Nelson so that it can be used under the bivariate function. We consider inference on the component life time when the components are at work in the system by combining the information from system life test and that from the component tests carried out separately under the controlled environment. In data analysis, maximum likelihood estimators are discussed with the initial value obtained by an weighted least square method. Finally we discuss the optimal time for changing the stress in the simple step stress life testing.

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