• The Korean Journal of Financial Management
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• v.12 no.2
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• pp.185-205
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• 1995

주택구입자들이 여러가지 주택저당대출대안(代案)중에서 하나를 선택하는 요인이 무엇인지를 찾아내기 위해 기존의 연구들과 달리 본 연구에서는 변동금리주택저당대출이 동질적이 아니고 이자율 위험에 있어서 서로 상이(相異)함을 고려하여 분석하였다. 분석결과 기존의 연구결과와 달리 금융시장 특성뿐만 아니 라 주택구입자특성요인도 주택 저당대출 선택결정에 영향을 주는 것으로 밝혀졌다. 특히 주택 저당대출대안(代案)들 사이의 이자율차이가 중요한 요인으로 나타났으며, 주택저당대출이 자율의 분산이 클수록 그 대출은 기피되는 것으로 분석되었다. 주택 저당대출이자율과 위험 자산수익률간의 공분산을 제외한 모든 공분산들은 주택저당대출선택에 영향을 주는 것으로 나타났다. 차입자특성 중에서는 주택구입자의 나이, 소득, 또는 가족수가 증가하거나, 미래의 이자율이 상승하리라 예상하면 변동금리 보다는 고정 금리주택 저당대출이 선호되는 것으로 나타났으나, 이자율 위험이 높은 변동금리대출과 이자율 위험이 낮은 변동금리대출 사이의 선택에서는 전자(前者)가 선호되는 것으로 밝혀졌다.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.18 no.5
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• pp.77-90
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• 2023

This study aims to investigate the potential of alternative credit assessment through Social Networking Sites (SNS) as a complementary tool to conventional loan review processes. It seeks to discern the impact of SNS usage characteristics and loan product attributes on credit loan repayment. To achieve this objective, we conducted a binomial logistic regression analysis examining the influence of SNS usage patterns, loan characteristics, and personal attributes on credit loan conditions, utilizing data from Company A's credit loan program, which integrates SNS data into its actual loan review processes. Our findings reveal several noteworthy insights. Firstly, with respect to profile photos that reflect users' personalities and individual characteristics, individuals who choose to upload photos directly connected to their personal lives, such as images of themselves, their private circles (e.g., family and friends), and photos depicting social activities like hobbies, which tend to be favored by individuals with extroverted tendencies, as well as character and humor-themed photos, which are typically favored by individuals with conscientious traits, demonstrate a higher propensity for diligently repaying credit loans. Conversely, the utilization of photos like landscapes or images concealing one's identity did not exhibit a statistically significant causal relationship with loan repayment. Furthermore, a positive correlation was observed between the extent of SNS usage and the likelihood of loan repayment. However, the level of SNS interaction did not exert a significant effect on the probability of loan repayment. This observation may be attributed to the passive nature of the interaction variable, which primarily involves expressing sympathy for other users' comments rather than generating original content. The study also unveiled the statistical significance of loan duration and the number of loans, representing key characteristics of loan portfolios, in influencing credit loan repayment. This underscores the importance of considering loan duration and the quantity of loans as crucial determinants in the design of microcredit products. Among the personal characteristic variables examined, only gender emerged as a significant factor. This implies that the loan program scrutinized in this analysis does not exhibit substantial discrimination based on age and credit scores, as its customer base predominantly consists of individuals in their twenties and thirties with low credit scores, who encounter challenges in securing loans from traditional financial institutions. This research stands out from prior studies by empirically exploring the relationship between SNS usage and credit loan repayment while incorporating variables not typically addressed in existing credit rating research, such as profile pictures. It underscores the significance of harnessing subjective, unstructured information from SNS for loan screening, offering the potential to mitigate the financial disadvantages faced by borrowers with low credit scores or those ensnared in short-term liquidity constraints due to limited credit history a group often referred to as "thin filers." By utilizing such information, these individuals can potentially reduce their credit costs, whereas they are supposed to accrue a more substantial financial history through credit transactions under conventional credit assessment system.

• Journal of the Korean Society for information Management
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• v.35 no.4
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• pp.125-140
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• 2018

Circulation data is a key data set of academic libraries in terms of collection development and service improvement This study aims to identify the characteristics of circulation measures and their feasibility. This study collected the circulation data of 10 colleges in a university and analyzed 4 measures based on the circulation data: circulation frequency, circulation entropy, circulation h-index, and circulation divergence. These measures are to present the circulation topics of each college. This study identified that circulation entropy tends to present general topics which are popular for many colleges, but circulation divergence tends to present specific topics which are preferred by a specific college.

• Journal of Korean Library and Information Science Society
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• v.48 no.2
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• pp.263-293
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• 2017

The purpose of this study is to analyze user behaviors of books in detail based on circulation data in an academic library. It analyzes circulation patterns of books for ten years from 2006 to 2015, which are surprisingly similar every year. Each pattern follows 'Loan books 20/50 rule' that 20% core collection occupies 50% of its circulation every year. This clarifies users' circulation patterns are highly consistent and very expectable. Also, using the cumulative distribution of book age, it defines the half-life of books and suggests the mathematical formula to measure it. Circulation patterns of the whole loan book and core collection for ten years are very different in terms of subjects, user groups, and divisions. This indicates that core collection plays a significant role in analyzing circulation statistics and usage patterns for the efficient collection development in the future.

• Journal of Korea Society of Industrial Information Systems
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• v.29 no.2
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• pp.119-131
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• 2024

In recent years, there has been a significant growth in loan comparson services offered by fintech platforms in South Korea. However, it has been reported that loan comparison platform users tend to have a higher risk of default compared to non-users. This paper investigates the difference in platform-specific credit risk factors using survival analysis models - Kaplan-Meier curves and Accelerated Failure Time (AFT) model. Our findings show that, relative to non-users, users of loan comparison platforms are characterized by elevated default rates, a greater propensity for home ownership, lower credit scores, and shorter loan durations. Furthermore, our AFT models elucidate the variance in default risk among the various loan comparison service platforms, highlighting the imperative for customized strategies that address the unique risk profiles of customers on each platform.

• Proceedings of the Korean Society for Information Management Conference
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• 1995.08a
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• pp.105-108
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• 1995

본 연구는 이동도서관에서 집중적으로 많이 이용되는 도서의 특성을 조사하고 이용자의 유형을 조사하였다. 본 연구를 통하여 얻은 결론은 도서 대출 분포는 브랫포드의 분산법칙, 지프의 법칙같은 현상이 존재한다는 것이다. 즉, 대출 횟수의 약 80%가 장서의 약 30%이내에서 오며 도서 대출 경향에서 수확 체감 현상이 나타났다. 그리고, 도서의 내용, 출판 후 경과 년수, 대출 경과 일수, 인구학적 특성이 장서의 이용에 영향을 준다. 즉, 아동 도서, 한국 소설, 외국 소설 순으로 많이 대출되며 출판 후 경과년수가 5-6년 이내의 도서가 핵심 도서이며 출판 후 경과년수가 짧은 도서일수록 대출횟수가 많다. 그러나, 아동 도서, 한국 소설, 외국 소설이 대출 횟수는 많지만 도서 이용가치수명은 기타 도서의 1/2에 불과하다. 대출 도서의 대부분(80%)은 6주이내에 최종 대출되며 이용자는 여자가 30, 40대가, 가정주부가, 고졸이상이 많이 이용한다.

• The Journal of the Korea Contents Association
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• v.16 no.11
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• pp.644-660
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• 2016

With the development of Fintech industry, research interest in crowdfunding is growing. Crowdfunding, originated from crowdsourcing, involves the participation of many individuals' contributions to funding a new project. Specifically, lending based crowdfunding provides a platform for raising funds in the form of loans by connecting borrowers to funders(investors) via Internet, not through traditional financial institutions. Recently, lending based crowdfunding attracts much attention as a new investment alternative; however, there is a lack of research about lending based crowdfunding. This study aims to examine the factors influencing an investor's participation in lending based crowdfunding by focusing on platform features, investor features, and project features. Based on the findings, this study discusses theoretical and practical implications for promoting the crowd's investments through crowdfunding platforms.

• Journal of the Korean BIBLIA Society for library and Information Science
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• v.23 no.2
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• pp.235-253
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• 2012

The library circulation service, which refers to the lending of library material outside of the library, is a basic and essential service provided by the library. However, changes in the library circulation service are being made according to a more management-oriented operation and the development of information technology. Consequently, the library faces a paradigm shift 'from library-centered service' to 'user-oriented service' and experiences changes in library circulation service due to the growth of library networks. Also, each library, in order to respond to the changes, tries to specialize the library circulation service by utilizing available library resources. In that context, this study, through the case study of the "Chack DanBi" library circulation service of Eunpyeong Public Library, investigates and analyzes the changing library circulation service according to the above perspectives; seeks the meaning of the service; and aims at enhancing our understanding of the library circulation service.

• International Area Studies Review
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• v.22 no.1
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• pp.123-140
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• 2018

This paper analyzes herd behavior observed in the loan market from 2001 to 2014 using a panel data on commercial banks including state-owned banks, domestic private banks, foreign banks, and Islamic banks. The paper finds evidence that herd behaviors of domestic private and foreign banks have been pronounced and long-lasting around the 2008 global financial crisis when state-owned banks did not show such a behavior. This result shows that since private banks tend to be keen on maximizing profits and avoid financial risks exposed by lending during a financial crisis, their lending decisions are not independent but dependent on whether other banks increase loans or not. On the other hand, Islamic banks do not show herd behavior during the financial crisis. This finding is consistent with earlier studies that Islamic banks have different characteristics, such as profit and operation mechanisms, from other private banks. Another interesting finding is that when it comes to rural loans, all the banks' herd behavior is short-lived and the herding indexes are quite volatile. This finding is attributable to distinct features of rural loans. Usually maturities of rural loans are shorter than city loans and related to the cycle of farming. Agricultural production is heavily dependent on unpredicted factors, such as floods and droughts, not previous year's production. Lastly, the paper finds a herding across bank type that state-owned, foreign, and Islamic banks follow domestic private banks'lending decisions.

• Journal of the Korean association of regional geographers
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• v.11 no.6
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• pp.620-639
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• 2005

In terms of loan transactions, mortgage volume secured by housing in Korea is the most important market share. Hitherto housing finance policies are treated as a kind of property pricing policy. So it is time to import financial systems on behalf of the mortgage loan consumers like a mortgage broker. A mortgage broker is an intermediary that brings a borrower and a creditor together to obtain a mortgage loan. The broker takes the application, performs a financial and credit evaluation, produces documents, and closes the loan. Especially mortgage brokers present themselves as specifically acting in the interest of the consumer by shopping on behalf of the consumer for the best product that meets the consumer's needs and financial circumstances. The paper investigates the economic role of mortgage broker, foreign systems focused on USA, UK, Japan, and characteristics of Korean housing finance markets. Finally the paper provides policy recommendations about Korean mortgage broker system composed of licensing type, uniform professional practice standard, educational requirements.