• International Area Studies Review
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• v.15 no.3
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• pp.191-213
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• 2011

This study empirically examines whether income smoothing effectively contributes to consumption smoothing. Since international factor movement plays an important role for income smoothing across countries, net factor income across countries deserves more attention in considering income smoothing than attention having been paid by previous studies in the literature. Most of previous studies assume that net factor income has the same degree of effects on consumption as GDP. For the case of 12 EU countries during the period from 1999 to 2010, our empirical investigation observes that the response of consumption with respect to net factor income is severely lower than the response of consumption with respect to GDP, and further net factor income has ignorable effects on the consumption. This evidence implies that the income smoothing via international factor movement is less significant in contributing to the consumption smoothing. In the sequel, our finding suggests that legal and institutional process for transferring net factor income across countries should be eased further to improve contribution of income smoothing to consumption smoothing.

• International Area Studies Review
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• v.13 no.3
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• pp.51-71
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• 2009

We pursue empirically influential determinants of risk-sharing across various groups in the United States. We consider all the possible combinations out of the eight BEA economic regions and relate the risk-sharing measure for each group to sectoral composition difference under the control of the state-level macroeconomic and financial characteristics. Our results show that more active risk-sharing via cross-ownership market is observed in groups exhibiting more different sectoral composition. The evidence implies that, given other economic and financial conditions equal, economic union tends to share more consumption risk among its members that are more heterogeneous in their sectoral composition. These days, many countries aim to form FTA and other forms of economic integration. We suggest that they should pay attention to sectoral composition for member countries to minimizes income shock in the integrated economy.

• International Area Studies Review
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• v.13 no.2
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• pp.89-115
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• 2009

By measuring the consumption risk sharing for the EU regions, we evaluate the performance of various risk sharing channels for the EU. We identify which countries are likely to form the highest risk sharing group among the EU regions by using the DFFITS and DFBETAS diagnostics derived in a statistical regression. Our finding suggests that most western European countries seem to display homogeneous degree of risk sharing. In addition, our result confirms that high risk sharing regions as well as low risk sharing regions are mainly located in many eastern European countries that joined the EU later than western European countries, and implies that the EU members are still dichotomized at large in terms of consumption risk sharing.

• Proceedings of the Korean Information Science Society Conference
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• 2004.10c
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• pp.298-300
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• 2004

전력산업 구조개편으로 전력분야의 다원화, 복잡화, 이질화가 심화되고 있으며, 전력의 공급에서 수송, 소비에 이르기까지 과정의 부문별 관리에 따른 전력정보의 분산이 가속화되고 있다. 이러한 현상은 각 부문간 정보의 불일치를 가져오고, 정보연계를 더욱 어렵게 하여, 국가 전력정보의 공유와 통합을 위한 기반을 정차 취약하게 만들어 전력시스템 전체의 효율을 저하시키고, 정전과 가격급등과 같은 비상사태 발생시 이를 방지하거나 파급효과를 축소시켜 사회적 비용을 절감시킬 수 있는 위험 회피를 쉽지 않게 한다. 따라서 전력의 공급에서 수송, 소비에 이르기까지 전력정보의 이질화, 다원화가 더 심화되기 전에 각 부문별 정보관리의 연계를 바탕으로 다양한 정책적 의사결정을 위한 국가 전력정보 통합관리 모델의 개발이 필요하다. 본 논문은 전력정보 통합관리 모델 개발에 대한 국외 연구개발 현황을 소개하고 국내의 실정에 적합한 전력정보 통합관리 모델 개발에 대해 기술하였다.

• The Journal of the Korea institute of electronic communication sciences
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• v.9 no.3
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• pp.393-402
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• 2014

ICT environment to the survey released by the Bureau of Statistics 2012 Household Finance. Korean Welfare survey 24.9% of all households in financial assets, real estate is about three times more than 69.9%, respectively. The problem is that the information is slow and income deciles(deciles 1-4), a relatively high proportion of households with low(78.8 to 69%) of the real estate assets of the expansion of the world economy with low growth and low uncertainty, work from home due to the information changes in the structure of the economy, such as increases in real estate prices remain exposed to the risk of a phenomenon such as Pour House Pour Talent and low-income people is bound to be more serious symptoms. This low correlation is by constructing a composite asset portfolio, the weighted average risk of the individual assets while increasing overall revenue decrease that risk is based on the principle of portfolio by type and different areas in the ICT environment in a portfolio of real estate price index low correlation to financial assets by including the effect of dispersion stable complex asset portfolio and empirical Growth was divided.

• 한국ITS학회:학술대회논문집
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• v.2007 no.10
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• pp.225-229
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• 2007

Recently, wireless sensor networks are deployed in various applications range from simple environment monitoring systems to complex systems, which generate large amount of information, like motion monitoring, military, and telematics systems. Although wireless sensor network nodes are operated with low-power 8bit processor to execute simple tasks like environment monitoring, the nodes in these complex systems have to execute more difficult tasks. Generally, MAC protocols for wireless sensor networks attempt to reduce the energy consumption using duty cycling mechanism which means the nodes periodically sleep and wake. However, in the duty cycling mechanism. a node should wait until the target node wakes and the sleep latency increases as the number of hops increases. This sleep latency can be serious problem in complex and sensitive systems which require high speed data transfer like military, wing of airplane, and telematics. In this paper, we propose a solution for reducing transmission latency through distributed duty cycling (DDC) in wireless sensor networks. The proposed algorithm is evaluated with real-deployment experiments using CC2420DBK and the experiment results show that the DDC algorithm reduces the transmission latency significantly and reduces also the energy consumption.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.849-851
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• 2005

전력산업 구조개편 이후 여러 가지 형태의 새로운 전력시장 참여자가 나타났다. 지역 에너지 사업(CES : Community Energy Service) 사업도 이러한 새로운 시장참여자의 하나로 소비자에게 전기뿐만 아니라 열과 냉, 난방 서비스를 동시에 제공하는 역할을 수행한다. 대부분 분산전원 기술을 이용하는 지역 에너지 사업은 기존 발전 사업자들이 경험하는 환경문제나 대규모 투자에 따른 위험을 피할 수 있는 새로운 전력사업 형태로 각광받고 있다. 또한 송전망의 부담을 주지 않고 소비지에 인접하여 전력을 공급할 수 있기 때문에 송전망 투자도 절감할 수 있는 장점을 보인다. 본 연구는 지역 에너지 사업의 편익을 알아보기 위하여 부하 모델링을 통하여 지역 에너지 사업의 운영 경제성을 평가하였다. 특히 연료인 천연가스 요금과 전기부하의 변화에 따른 경제성 변화를 평가하여 민감도를 분석하였다.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.21 no.3
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• pp.132-141
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• 2007

Recently, there has been growing interest in distributed resources with high-energy efficiency due to the increasing energy consumption and environmental pollution problems. But an insertion of new distributed generation to existing power distribution systems can cause several problems such as voltage variations, harmonics, protective coordination, increasing fault current etc. In this paper, a new method of the fault location identification at the distribution system with distributed resources, which can be determined by the magnitude and direction of the fault current, is proposed. In addition, a new online protective coordination scheme of recloser-sectionalizer is proposed based on the proposed fault location identification method for distribution system with distributed resources.

• International Commerce and Information Review
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• v.18 no.1
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• pp.55-78
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• 2016

This paper discusses on Electronic Payment System between U.S.A. and Canada. In particular, I focused on ACSS compare with FedACH(Fed Automated Clearing House) to advance a research effects. Because both of them is a low-value, high-volume retail payment system which their countries represent. The ACSS(Automated Clearing Settlement System) is the system through which the vast majority of CPA payment items are cleared, through various payment streams. In 2014, ACSS system cleared approximately 6.8billion payments worth a total value of $ 44.9 trillion. While, The FedACH Network are the center of America Commerce, moving more than $40 trillion each year. That's made up of almost 23 billion electronic financial transaction, including direct deposit via ACH, social security and government benefits, electronic bill payments such as utility and mortgage payments. Thus in this article, first of all, I considered features of payment system and the types of payment items between ACSS and FedAch. Second, I analyzed the status of central bank and legal background. Third, I focused on the operational policy and risk aversion policy. Lastly, I suggested that their payment and banking system have to assume, with good reason, more efficiently accurately and securely operation to protect their customer from credit risk and financial fraud.

• Journal of the Korea Society of Computer and Information
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• v.25 no.6
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• pp.239-250
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• 2020

The purpose of this paper is to explore the influence of the "contextualization" effect of web celebrity live broadcast on the e-commerce platform on consumers' perception of product value, risk and purchase intention. Live in this paper, using Taobao shopping consumers as the research object, the survey method, questionnaire survey is adopted, the form through the questionnaire and distributed network, a live in order to further validation of web celebrity effect of contextualized actual influence on consumer purchase intention, questionnaire design the Likert scale, seven and recycling questionnaire analysis using the statistical software SPSS 23.0 and AMOS 22.0 after processing the data. After determining the reliability and validity of the questionnaire, the exploratory factor analysis was used to verify the hypothesis and calculate the actual adjustment degree of the "contextualization" effect of web celebrity live broadcasting on consumers' purchase intention. The research results of this paper are summarized as follows :(1) consumers' perceived value of products can significantly positively affect their purchase intention, while perceived risk has a significantly negative impact on their purchase intention; (2) consumers' trust and purchase intention to products are regulated by the "contextualization" of web celebrity live broadcast. Specifically, for web celebrity live broadcasting with good "contextualization" effect, the perceived value of consumer products has a positive impact on product trust, which is higher than that of web celebrity live broadcasting with poor "contextualization" effect. In terms of resolving consumers' perceived risks to products, web celebrity live broadcast with good "contextualization" effect is also significantly better than web celebrity live broadcast with poor "contextualization" effect. Based on empirical analysis, this paper concludes that web celebrity live broadcasting will become a new breakthrough for the sustainable growth of the e-commerce industry, and puts forward Suggestions on the e-commerce marketing mode and the transformation of web celebrity live broadcasting industry.