• The Korean Journal of Financial Studies
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• v.10 no.1
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• pp.145-170
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• 2004

Roll의 비판 이후 실행된 많은 국내외 연구결과 CAPM으로 설명이 되지 않는 이례 현상(Anomaly)들이 발견되고 있다. 이례 현상들은 다 요인 모형(multi-factor model)과 같은 추가 위험 요인이론, 표본차이이론, 과잉반응 및 특성이론들로 설명되고 있고 이러한 이례 현상들은 재무관리의 지속적인 관심사인 미래의 주가수익률 예측과 밀접한 관계에 있다. 본 연구에서는 이례 현상들이 주가수익률에 미치는 영향을 알아보기 써하여 Haugen and Baker(1996)의 다 요인 및 수익률 추정 방법론을 국내 증권시장에 적용한 다 요인 모형과 $\beta$, 기업규모, PBR, 과거 1년 주가 수익률에 의한 단일 요인 모형을 이용하여 개별 기업의 포트폴리오 구성기준을 결정하고 이 기준에 의거하여 월별로 편입 주식들을 재조정한 포트폴리오들의 년간 누적 실제수익률 예측력을 비교 분석한 결과 다음과 같은 결과를 얻었다. 첫째, 다 요인모형의 경우 기대수익률이 높은 주식으로 구성된 포트폴리오가 기대수익률이 낮은 주식으로 구성된 포트폴리오보다 실제 년간 수익률이 높게 나타난 반면, $\beta$, 기업규모, PBR, 과거 1년 주가 수익률의 요인에 의한 단일 모형을 적용한 포트폴리오는 이들 순위와 실제 수익률간에는 상관성이 높지 않게 나타나 다요인 모형이 주가 수익률 예측력에 있어서 단일요인 모형보다 우수한 것으로 판단된다. 단일모형 중에서는 PBR을 이용한 포트폴리오가 $\beta$ 단일모형보다 좋은 주가수익률 예측력을 보여 주었다. 둘째, 주가 수익률을 결정하는 유의성있는 요인들은 당기순이익의 증감, 당해연도의 당기순이익의 분포, 자산증가율, 매매 유동성, 매출액 변동, 거래량 추세, 기업크기(시가총액), 과거 1개월간의 주가수익률, 자기자본증가율등으로 나타났다.

• Journal of the Korean Data and Information Science Society
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• v.27 no.5
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• pp.1147-1154
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• 2016

Impact of Korea train express (KTX) on the regional economy in Korea has been studied by many researchers. Current research is limited in the lack of quantitative research using a statistical model to study the effect of KTX on regional economy. This paper analyses the influence of KTX to the household final consumption expenditure, which is one of important regional economic index, using spatial panel regression model. The spatial structure is introduced through spatial autocorrelation matrix using adjacency of KTX connection. The result shows a significant effect of Korea train express on the regional economy.

• Korean Journal of Health Education and Promotion
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• v.17 no.2
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• pp.57-73
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• 2000

A study on drug abuse of young people who failed in college entrance examinations and preparing the next examination and those enrolled at colleges but trying to transfer to other colleges was conducted from February 3 to May 31, 1999 in order to determine current drug abuse status of them and factors affecting their behavior related to drug abuse. A total of 1,771 people were selected from college entrance preparation institutes in Seoul, Pusan, Taegu, Taejon and Kwangju and interviewed by using questionnaires. The results are summarized as follows; 1. 49.78％ of them experienced drinking, 22.8％ smoking, and 6.7％ drug previously. More males smoked cigarettes than females. The young in the age group of 25 to 29 years old, and the young living in small towns, and subjects who finished junior colleges and those without religions drank more than those in other categories. The subjects in the age group of 20 to 24 years old and those with one parent, and those living in small towns used more drugs than those in other categories. 2. 60.1％ of those with drug using experience used the drug in their or friends' homes. 53.6％ of them used drugs with their friends, junior or senior classmates. 36.6％ of them purchased drugs from drug stores. 76.0％ of them spent their pocket money for buying drugs. 3. The drugs (excluding alcohol and tobacco) they used were bond and butane gas (29.6％), stimulants (20.6％), marijuana 02.0％) LSD (4.8％), cocaine, heroine and opium (4.2％), and others (28.8％). 4. 21.5％ of those with drug using experience had detoxification treatment previously. The ajmor sufferings they experienced were distraction (42.6％), fear 01.7％), and others. 5. 51.0％ of the subjects experienced drug related health education in schools, and 14.6％ had that kind of education through social program. 6. 64.3％ of the subjects got information about drug abuse through mass media, 16.4％ through printed materials, and 11.4％ through public health professionals. 7. The knowledge level of drug abuse was 16.48:1:2.76 points out of 24 (68.6 points out of 100).

• Korean Institute of Interior Design Journal
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• v.14 no.3 s.50
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• pp.20-27
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• 2005

The built-in kitchen that is seen in every household is one of the achievements of the modernism architecture in early 20th century. Developed on the basis of two axis, one of which is the high industrialization and the other the sceptical assessment on the traditional value-system, the 20th century was launched in the form of the twofold entanglement, through the unfolding of which the cultural code of the modernism could be operated. The Quantification of the psychic that was attempted by H. v. Helmholtz and E. Mach in the pursuit of the reunification of sensation to the normal science was the first thread of that, while the second the break-down of the authoritative ideology and the emancipation of woman labour, which were initiated by the leftist movements. In this situation Margarete Schutte-Lihotzky was the woman architect who has tried to overcome the patriarchism in the household through architectural work by dwelling on that the emancipation of the housewives from the inefficient household labour is directly connected with the accomplishment of human freedom. She applied the modernist functionalism to the designing the kitchen for that purpose and outlined the effective range and operational realm of the rationalization. After all this the future preoccupying endeavor became the decisive moment that gave birth to a aesthetically and functionally good deliberated design of the kitchen in the present. This study is purposed to actualize the architectural ideas of Lihotzky into the present context through the consideration on the Frankfurt Kitchen of her and to grope for the relationship between architecture and feminism on the common horizon of the functionalist architecture and the women's liberation.

• Convergence Security Journal
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• v.16 no.6_1
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• pp.51-58
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• 2016

"History is a mirror" means that we should be prepared for the threats of enemies through learning from repeating history. Currently South Korea is facing various provocations, including North Korea's nuclear weapons and missile s. For the protection of the life and property of its people, South Korea should regard North Korea as a main enemy and be fully prepared for the threats. The Korean War was a war between well-prepared North Korea and ill-prepa red South Korea. After Liberation, North Korean army incorporated the Chinese Communist army, placed battle equi pment with the support of the Soviet army, and finished corps-level training while South Korea at that time did not finish battalion-level training. In wartime and peacetime, an army should improve military security by concealing its own information and find its enemy's information. North Korea carefully prepared for the war, collecting information about the organization, deployment and operation of the South Korean army. South Korean army failed to cope with it and had hard times in its early battles. In this paper, I will emphasize the importance of military security, focusing on the Battle of Gaeseong, the early part of the Korean War.

• Management & Information Systems Review
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• v.31 no.3
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• pp.21-46
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• 2012

This paper attempts to offer an effective strategy of hedge fund based on trade probability control in the futures market. By using various technical indicators, we create an association rule and transforms it into a trading rule to be used as an investment strategy. Association rules are made by the combination of various technical indicators and the range of individual indicator value. Adjustments of trade probabilities are performed by depending on the rule combinations and it can be utilized to establish an effective investment strategy onto the risk management. In order to demonstrate the superiority of the investment strategy proposed, we analyzed a profitability using the futures index based on KOSPI200. Experiments results show that our proposed strategy could effectively manage and response the dynamics investment risks.

• Journal of Digital Convergence
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• v.13 no.5
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• pp.41-49
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• 2015

This study explores the possibility of innovative government's administrative services to the public by reflecting the social implications of 'Big Data'. In particular, the idea of OPP (Order Penetration Point) and SOP (Service Offering Point) as a management scheme for the extension of administrative processes into the resident's living space is proposed to overcome the inherent limits of e-government service quality, the root cause of which is believed in the segregation of two spaces - the resident's living space and the government's offices. Furthermore, a discussion is made on how to integrate sensor data from the resident's living space with traditional administrative database, which is a new challenge in the course of synchronizing the two spaces. The implications on the process extension are also provided centering around the shift from reactive to proactive services.

• Journal of Environmental Policy
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• v.14 no.3
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• pp.95-118
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• 2015

The 2015 Agreement, an initial architect of the Post-2020 Regime, is expected to be adopted at the twenty-first session of the Conference of Parties to be held in Paris in 2015. We discussed key characteristics of the Post-2020 Regime and applications of differentiation which is most contentious issue in the Post-2020 negotiation. In the Post-2020 Regime, automatic ambition increases of Parties could be accomplished through applications of the circular nature of Intented Nationally Determined Contributions (INDC) as well as the progression of mitigation efforts. In terms of differentiation, it would be better to advocate a new method to applying differentiation in the Post-2020 Regime taking into account our own national circumstances. Specifically, promotion of self-differentiation which fits nearly with the philosophy of INDC could be an alternative. In order to promote self-differentiation, rules to apply self-differentiation needs to be devised, and the purpose of such rules should be the ambition increase.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.2
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• pp.952-958
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• 2011

Industrialization played an important role in modernization and the birth of modern architecture. The changes caused by the industrialization and people's faith in its output are reflected in an attempt to associate the concepts and process of architecture with industrialization. In the course of incorporating architecture into the industrialization process, it became necessary to understand the architecture from practical point of view connecting it directly with scientific technology rather than in the context of historical tradition in the past. Understanding architecture as a kind of industrial production signifies two concepts. One is regarding perception of architectural outputs. The other is regarding the intention to proceed architectural process as a process of industrial production. The purpose of this study is to review the changes in the architecture influenced by industrialization from post-industrialization through early modern period and to analyze its significance and influence.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.12
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• pp.5974-5983
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• 2011

This paper is a study to discover the influence of American and Japanese Architecture on Building the post-war Korean Contemporary Architecture by looking through the architectural works of KIM Jongsoo and KIM Swoo-Geun. To overcome the deteriorated Korean architectural production system, these two architects chose different solutions; KIM Jongsoo developed new materials and introduced industrialized production system based on his own research, and KIM Swoo-Geun tried to develope engineering capability via Korea Engineering Consultant Corp. supported by Korean government which led Korean economic development plan. The difference of their solutions was due to their different background; fund of studying abroad, architectural education system in USA & Japan respectively and preferred solutions of personal or national dimension.