• Journal of Astronomy and Space Sciences
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• v.26 no.1
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• pp.25-30
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• 2009

We report the relation between the solar activity and terrestrial climate change with the solar north-south asymmetry. For this purpose, we calculate sliding correlation coefficients between sunspot numbers and earth's mean annual temperature anomalies. Then, we compare the epoch that the sign of correlation changes with the epoch that the sign of the solar north-south asymmetry changes. We obtain that corresponding times are 1907 and 1985, respectively. Further more, these two epoches are well consistent with those of signs of the solar north-south asymmetry changes. We also obtain that the plot between sunspot numbers and temperature anomalies could be classified by 1907 and 1985. We conclude that temperature anomalies are shown to be negatively correlated with sunspot numbers when the southern solar hemisphere is more active: and vice versa.

• Journal of Korean Society of Steel Construction
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• v.22 no.1
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• pp.87-97
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• 2010

The purpose of this study was to evaluate the validity of the second-order analysis for asymmetric unbraced frame using the load amplification factor suggested by design codes. For this purpose, the first-order analysis with the B1 and B2 factors suggested by KBC 2005 and the direct analysis with the load amplification factors suggested by KBC 2009 were performed for five story - two bay and five story - four bay asymmetric unbraced steel frames. The results of the analyses were compared with the results of the second-order inelastic analysis to evaluate the validity of the suggested methods. The main parameters of the analysis were the shape of the frame, the axial load ratio of the column, the methods of analysis and the location of column. The research results show that the asymmetric shape of the frame deteriorates the validity of the factor B2 and the suggested methods. The range of error is increased in case of irregular or inclined column.

• Management & Information Systems Review
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• v.28 no.4
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• pp.93-108
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• 2009

This study examines the asymmetric volatility in the Korean bond market and stock market by using the KTB Prime Index and KOSPI. Because accurate estimation and forecasting of volatility is essential before investing assets, it is important to understand the asymmetric response of volatility in bond market. Therefore I investigate the existence of asymmetric volatility in Korean bond market unlike the previous studies which mainly focused on stock returns. The main results of the empirical analysis with GARCH and GJR-GARCH model are as follow. At first, it exists the asymmetric volatility on KOSPI returns like the previous studies. Also, I find that the GJR-GARCH is more suitable one than GARCH model for forecasting volatility. Second, it does not exist the asymmetric volatility on KTB Prime Index returns. This result is showed by that using the GARCH model for forecasting volatility in bond market is sufficient.

• The Korean Journal of Financial Management
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• v.25 no.1
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• pp.109-140
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• 2008

The primary objective of this paper investigates whether asymmetric volatility phenomenon is caused by differences of opinion among investors and analyses information availability has an effect on asymmetric volatility. The empirical test period covers recent 6 years from January 4, 2000 to December 29, 2005. Five portfolios have been formed according to information availability(volume and market value). For the purpose of this study, We use TGARCH model, TGARCH-M model and adjusted model which include trading volume as a proxy differences of opinion among investors. The results are summarized as follows ; First, adjusted model analysis shows that asymmetric volatility phenomenon is disappeared or asymmetric coefficient and ratio is decreased than basis model. Second, portfolio analysis shows that the higher volume and market value, the more prominent asymmetric volatility phenomenon. And adjusted model analysis shows the higher volume and market value, the more decrease asymmetric ratio. Over all, assertion that differences of opinion among investors has caused asymmetric volatility phenomenon is regarded as reasonable. And, We see that information availability have great effect on asymmetric volatility phenomenon. We think that theses results can also occur opinion adjustment of optimistic investors. Namely, asymmetric volatility phenomenon can occur difference of information authenticity.

• Journal of Aerospace System Engineering
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• v.12 no.6
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• pp.41-49
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• 2018

In this study, the theoretical dynamic characteristics of a thin-walled composite beam with a single-cell of chordwise asymmetric cross-section was studied. Mathematical modeling was done by considering the transverse shear effects, the warping restraint effects, the constant taper ratio in the longitudinal direction of the beam, and the geometrical cross-section ratio. The mass coefficients, stiffness coefficients, and Eigen frequencies of the selected section were investigated. In particular, the effects of the taper ratio and cross-section ratio of the model on the Eigen frequencies were analyzed and compared when the asymmetry of the section was considered and the warping function was not corrected.

• The Korean Journal of Financial Studies
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• v.11 no.1
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• pp.199-216
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• 2005

본 연구에서는 한국을 포함한 4개국의 주식시장을 대상으로 주식시장에 도달하는 정보의 유형 즉, 정보가 나쁜 뉴스(bad news)이냐 또는 좋은 뉴스(good news)이냐에 따라 주가변동성에 미치는 영향을 실증적으로 분석하였다. 주가변동성은 투자위험을 나타내는 것으로 위험프리미엄(risk premium)과 관련이 있으며, 주가변동성이 높을수록 위험프리미엄이 커져서 기대수익률이 높아지게 된다. 따라서 주가변동성에 관한 연구는 자산가격결정 등 투자자산 관리에 있어서 매우 중요한 시사점을 제공할 수 있을 것이다. 실증분석결과에 의하면 전체기간(1991년~2004년)에서 4개국 모두 예상하지 못한 음(-)의 수익률이 예상하지 못한 양(+)의 수익률보다 주가의 변동성을 더욱 증가시킨 것으로 나타났다. 그리고 그 반응 정도의 크기는 한국이 가장 낮게 나타나고 있다. 즉 주식수익률의 정보의 비대칭성은 4개국 모두 볼 수 있으며, 이중 한국에서 정보의 비대칭성이 가장 약하다는 결과로 해석할 수 있다. 본 연구의 이러한 분석결과는 4개국 모두 주식시장에서 정보유형에 따른 주가변동성의 비대칭적 반응이 존재한다는 것을 실증적으로 보여주는 것이다. 또한 두 개의 하위기간(IMF 전후기간)에서도 주가변동성의 비대칭적 반응이 존재하는 것으로 나타났으며, 특이한 점은 주가변동성의 비대칭적 반응을 나타내는 계수값이 한국, 일본, 홍콩 등 아시아 국가들은 IMF 이후기간에서 감소하는(특히 한국의 경우 대폭 감소함) 반면, 미국의 경우에는 대폭 증가하였다. 이는 아시아권의 경우 금융위기를 겪으면서 투자자들이 나쁜 뉴스에 대해 다소 둔감하게 된 결과인 것으로 해석할 수 있다.

• The Korean Journal of Applied Statistics
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• v.28 no.5
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• pp.871-883
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• 2015

Vector autoregressive (VAR) models in high dimension suffer from noisy estimates, unstable predictions and hard interpretation. Consequently, the sparse vector autoregressive (sVAR) model, which forces many small coefficients in VAR to exactly zero, has been suggested and proven effective for the modeling of high dimensional time series data. This paper studies coupling measures to select non-zero coefficients in sVAR. The basic idea based on the simulation study reveals that removing the effect of other variables greatly improves the performance of coupling measures. sVAR model coefficients are asymmetric; therefore, asymmetric coupling measures such as Granger causality improve computational costs. We propose two asymmetric coupling measures, filtered-cross-correlation and filtered-Granger-causality, based on the filtered residuals series. Our proposed coupling measures are proven adequate for heavy-tailed and high order sVAR models in the simulation study.

• The KIPS Transactions:PartB
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• v.10B no.6
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• pp.619-628
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• 2003

In this paper, an effective watermark detection technique in the wavelet transform domain is proposed. In this proposed method, the image is 2-level wavelet transformed, and then the watermark with a binary logo is embedded into middle band except baseband and high band to consider Invisibility and robustness. In this paper, we use an asymmetric thresholds watermarking (ATW) in which detection threshold is higher than inserting threshold in order to enhance watermark detection ratio in attacked images. In watermark detection phase, the detection value is not changed when the difference of the selected wavelet neighboring coefficient pairs Is smaller than specific value. The experimental results show that the proposed method has good quality and is robust to various attacks such as the JPEG lossy compression, noise addition, cropping, blurring, etc.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.5 no.3
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• pp.240-249
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• 1993

The suspended sediment mechanism was systematically investigated by analyzing existing data together with new data obtained under several wave folds. A simple empirical formula has been developed to predict the time-averaged suspended sediment concentration above movable bed by the effect of wave and current interaction. The present study shows linear dependency of the diffusion coefficient of suspended sediment on the eddy viscosity coefficient obtained by considering the ripple geometry. Furthermore, it is proved that reference sediment concentration is reduced by the effect of ripple asymmetry.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.11
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• pp.663-669
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• 2016

A terahertz asymmetric split-loop resonator (ASLR) was analyzed for use in high-sensitivity sensing applications. Its structural asymmetricity induces an asymmetric Fano resonance which has a high quality factor compared to the symmetric eigen-resonance. The variations of the resonant frequency, transmission coefficient, and quality factor of the ASLR in the eigen and Fano resonances are analyzed as a function of its structural asymmetricity. Also, the surface current densities on the ASLR in both resonances are calculated to analyze the main cause of the variations of its transmission characteristics. The surface current of the ASLR in the eigen resonance shows a dipole resonance, which increases the radiation loss and reduces the quality factor. On the other hand, the surface current of the ASLR in the Fano resonance shows a trapped or quadrupole mode which has a low radiation loss. Therefore, the ASLR operated in the Fano resonance has a high quality factor. Terahertz, high-performance filters and high sensitivity sensors can be developed based on our analysis results of the ASLR having a high quality factor. These high-performance devices based on terahertz metamaterials could increase the adoption of terahertz industrial applications.