• Journal of the Korean Data and Information Science Society
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• v.25 no.6
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• pp.1507-1520
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• 2014

In this paper, we show that there is a positive correlation between the level and the volatility of interest rate and thus suggest that a proper interest rate volatility coefficient (IRVC), a factor used in evaluating the interest rate risk that insurers are exposed to, should be chosen in accordance with the level of interest rate. To this end, we calculate the historical volatility of interest rate using data on government bond yields and show a proportionate relationship between interest rate and historical volatility. The review of exponential Vasicek (EV) and Cox-Ingersoll-Ross (CIR) models for interest rate also confirms the positive correlation between them. The estimation of IRVC by EV and CIR models are 0.9 and 1.1, respectively, which are much smaller than the one under the current risk-based capital (RBC) requirement. We provide modified IRVCs reflecting the level of interest by the two interest rate models. Using modified IRVCs can be a more reasonable method to evaluate the interest rate risk that insurers face.

• Journal of the Korea Convergence Society
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• v.11 no.9
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• pp.261-266
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• 2020

The purpose of the Convergence study is to analyze the impact of students' satisfaction and educational performance through research on overall educational service quality factors for beauty academies. The subjects of the study were conducted from March 29 to April 12, 2020 for those in their 10s and 40s attending beauty academies in Seoul, Gyeonggi-do and Incheon, and 377 surveys were analyzed and used for research. Multiple regression analysis was performed using the SPSSWIN 21.0 program for research purposes. As a result of the study, the higher the level of empathy, reliability, responsiveness, type, and certainty of educational service quality, the higher the satisfaction level of the class. The higher the satisfaction level, the higher the educational performance. Based on these research results, measures to improve the quality of education services that can enhance the satisfaction and educational performance of beauty academies should be improved by diversifying educational methods and contents and enhancing the quality of education and service expertise. The expertise of education should be strengthened to improve competitiveness. Therefore, follow-up research is needed to develop various programs to enhance future course satisfaction and educational performance and to develop education methods to enhance the quality of beauty education services.

• Journal of the Korean Institute of Gas
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• v.20 no.6
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• pp.43-49
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• 2016

In this paper, purpose of study is emissions characteristics according to effects of heating value variations of CNG fuel in a dual-fuel engine fueled by diesel and natural gas. For heating value variation of CNG fuel, nitrogen gas was mixed with pure CNG fuel. So the higher heating value was changed from $10,400kcal/Nm^3$ to $9,400kcal/Nm^3$. Under one condition of CNG substitution rate was fixed at 80%, diesel fuel was injected at a fixed injection timing of 16 CAD BTDC and fuel pressure was also fixed at 110 MPa. The condition of tested engine was 1800 rpm and 500Nm. Emissions were sampled in exhaust pipe was located at downstream turbocharger. As a result, emissions characteristics were checked in heating value variations of CNG fuel with mixed nitrogen gas THC, $CH_4$ and CO emissions decreased and NOx and $CO_2$ increased.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.24 no.5
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• pp.871-883
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• 2014

New types of attacks that mainly compromise the public, portal and financial websites for the purpose of economic profit or national confusion are being emerged and evolved. In addition, in case of 'drive by download' attack, if a host just visits the compromised websites, then the host is infected by a malware. Website falsification detection system is one of the most powerful solutions to cope with such cyber threats that try to attack the websites. Many domestic CERTs including NCSC (National Cyber Security Center) that carry out security monitoring and response service deploy it into the target organizations. However, the existing techniques for the website falsification detection system have practical problems in that their time complexity is high and the detection accuracy is not high. In this paper, we propose website falsification detection system based on image and code analysis for improving the performance of the security monitoring and response service in CERTs. The proposed system focuses on improvement of the accuracy as well as the rapidity in detecting falsification of the target websites.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.29 no.6
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• pp.1271-1283
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• 2019

The fourth industrial revolution and digital transformation are also bringing major changes to the financial ecosystem in Korea. Already, global financial firms overseas are opening their financial markets and exploring new financial businesses by seeking ways to co-prosperity with fintech firms. However, it is also true that the domestic financial environment has failed to respond to the changes due to its monopolistic and closed structure. In response, the government began pushing for the introduction of open banking in December 2019 with the aim of fully opening the financial settlement system. However, unlike the existing simple financial transaction structure, open banking still has an unresolved part due to the unclear relationship of responsibilities between interested parties in the event of financial accidents due to the complex linkage structure of transactions such as financial firms, fintech firms and customers. This study analyzed the security threat of open banking in depth. By doing so, the government and financial firms want to present policy proposals that need to be improved to enhance the safety of open banking in korea and protect financial consumers, as well as new financial models that have improved the vulnerable parts of existing models.

• Journal of Navigation and Port Research
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• v.38 no.5
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• pp.549-559
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• 2014

The increasing demand of maritime transportation and port development especially due to increased international trade resulted in a strengthening of regulating the greenhouse gas emissions mainly from ships by International Maritime Organization (IMO). Responding to these international environmental regulation and enforcement, the United States and the European seaports have expanded their Green Port Policy, which can promote the public welfare by reducing pollution caused by ships and ports. Accordingly, in 2010, Korean government enacted "The Framework Act on Low Carbon, Green Growth" and had pushed for all Korean ports to establish and implement their own green port policies. Therefore, the objective of this study is to establish the Green Port Policy Plan for sustainable and environmental friendly operations and developments of Ulsan port, which plans to be the oil hub port of Northeast Asia. To this end, we studied the current status of the environmental policy issues in Ulsan Port and international-&-domestic case studies on establishment of green port policy. With these studies, Ulsan green policy alternatives were identified that through the experts advice, and then were prioritized by adopting AHP survey analysis. As the result of this study, it was notified that LED lights replacement and AMP establishment as the hardware policy and the port environmental management department as the software policy were equally important policy options for the implementation of sustainable Ulsan Green Port Policy to meet port's characteristics.

• Environmental and Resource Economics Review
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• v.27 no.3
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• pp.463-493
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• 2018

As the population structure of Korea changes with the increase of single households and elderly households, this may have effect on domestic energy consumption pattern. Our study analyzes whether the energy consumption of single and elderly households are distinguishable from those of general households. For empirical analysis, Household Energy Standing Survey panel data and regional fixed effect model are employed. The result strongly shows that single households consume more energy than other households. The consumption of single households from 40s to 60s was the highest. On the other hand, the effect of aging was different from energy sources. Electricity consumption of elderly household was more than other age groups, while oil consumption of elderly household was less than others. Gas and total energy consumptions turned out to be not much different among different age groups.

• Journal of Energy Engineering
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• v.23 no.2
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• pp.74-82
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• 2014

The government is planning to expand the bio-gas supply as a method for mitigating greenhouse gas emissions to deal with climate change. By means of a policy instrument, the government is considering an introduction of the Renewable Fuel Standard (RFS) whose targets include bio-gas. This paper attempts to look into the economic effects of expanding the bio-gas supply by applying an input-output (I-O) analysis using a 2011 I-O table. The bio-gas supply sector consists of liquefied petroleum gas supply sector and city gas supply sector, based on the tenets of introducing the RFS. The production-inducing effect, value-added creation effect, and employment-inducing effect of the bio-gas sector are analyzed. The supply shortage effect and the price pervasive effect are also investigated. The results show that the production or investment of 1.0 won in the bio-gas supply sector induces the production of 1.0539 won and the value-added of 0.1998 won in the national economy. Moreover, the production or investment of 1.0 billion won, supply shortage of 1.0 won, and a price increase of 10.0% in the bio-gas supply sector touch off the employment of 0.5279 person, 1.6229 won, and an increase in overall price level by 0.0183%, respectively.

• Journal of the Society of Disaster Information
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• v.8 no.4
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• pp.362-375
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• 2012

Tourist hotels are equipped with facilities such as accommodation and restaurants, exercise, recreation. Unspecified guests, visitors and management of tourist hotels are very vulnerable on the casualties and property losses due to fire peril exist. In this study, we analysis that the fire statistics status of tourist hotels from 2001 to 2010. And the 15 cases of a large hotel fire are reviewed. The total number of fires on hotel are consist of a hotel rooms fire(33.2%), a restaurant kitchen fire(11.8%). And the major causes of the fire are an electrical fire (40.8%), a cigarette fire (14.5%) and a hot-work fire (9.2%). In case study, the fire wall defect and combustible materials are major fire loss causes for 10year. Each tourist hotels are needed a development of suitable fire risk management and a field operations. A hotel is required an active fire risk management on a preventive inspection, an education and training, and a preventive maintenance. It is necessary that a fire wall maintenance to prevent of the spread of a fire and a sprinkler installation of whole area to protect fire. And it is very important an emergency response for evacuation of guest, and operate emergency procedures on a fire or emergency situation.

• Korean Journal of Agricultural and Forest Meteorology
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• v.22 no.2
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• pp.79-91
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• 2020

Accurate assessment of greenhouse gas emissions is a cornerstone of every climate change response study, and reliable assessment of greenhouse gas emission data is being used as a practical basis for the entire climate change prediction and modeling studies. Essential, fundamental technologies for estimating greenhouse gas emissions include an on-site monitoring technology, an evaluation methodology of uncertainty in emission factors, and a verification technology for reductions. The closed chamber method is being commonly used to measure gas fluxes between soil-vegetation and atmosphere. This method has the advantages of being simple, easily available and economical. This study presented the technical bases of the closed chamber method for measuring methane fluxes from a rice paddy. The methane fluxes from rice paddies occupy the largest portion of a single source of greenhouse gas in the agricultural field. We reviewed the international and the domestic studies on automated chamber monitoring systems that have been developed from manually operated chambers. Based on this review, we discussed scientific concerns on chamber methods with a particular focus on quality control for improving measurement reliability of field data.