• Journal of Korean Library and Information Science Society
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• v.46 no.2
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• pp.317-336
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• 2015

This paper provides a brief overview of bibliographic relationships, a analysis of bibliographic relationships' characteristics of 2,940 bibliographic records on the Five Classics and Four Books taken from Korean National Bibliography, and a methodology for applying the FRBR model based on analysis of the samples. As results of analysis, the work type ranked high particularly in the commentary, translation with notes, and translation on the original works etc. I suggested adopting conception of supper works, that is, family of works and using uniform title as a connective device between the works, that is, an authorized access point of RDA to apply FRBR model of the Five Classics and Four Books. Also I exemplified the description of uniform title in 630 field as subject added entry.

• The Journal of the Convergence on Culture Technology
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• v.6 no.1
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• pp.395-401
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• 2020

Sound Art retains heterogeneous and borderless inborn-characteristics on it. Despite it is a non-mainstream art which could not foster fertile soil to bring up many established artists yet, the domestic area is keep growing and expanding. And now it will soon be that time of overcoming the debates between the art world and the music world to widely embrace de-facto artworks and practices, and bringing more quality critiques. This article talks about a concise history of sound art by addressing some singularities and chronicle traces of it which may be helpful information to lead into more opened future discussion forums in the domestic sound art field.

• 사회경제평론
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• no.38
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• pp.129-161
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• 2012

This paper suggests that, in contrast to main argument of Efficient Market Hypothesis, hedge funds's financial speculation activity in the commodity markets are tending to generate a malfunction of making future price diverge from fundamental price. For this reason, we insist that stricter regulation on commodity derivative markets, including position limitation, is needed. Using some statistic analysis tools, we show that derivative transaction volume is getting so larger that financial speculation by hedge funds dominates price movement in commodity market and eventually slackens the speed of price's return to the fundamental price.

• 사회경제평론
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• no.38
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• pp.163-198
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• 2012

This analysis suggests a post Keynesian macro-dynamic model that integrates a financial variable, firm's debt, into the post Keynesian model of growth and distribution. On the basis of it, this study analyzes the effects of government financial expenditure on capital accumulation empirically. It also studies empirically whether a regime shift has arisen since Asian financial crisis in 1997. This paper shows that government financial expenditure has exerted an positive effect on capital accumulation. This empirical result supports government intervention in financial market in recurrence of financial crises. This study also finds grounds for a change in accumulation regime since Asian financial crisis in 1997.

• 사회경제평론
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• v.31 no.2
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• pp.1-38
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• 2018

In this study we attempt to quantify the export multiplier to definitively show how exports have undergirded the Korean economy and doing so we will describe how the export multiplier effect has diminished since the global financial crisis in 2008. We also argue that a trend of disinclination in the marginal propensity to consume, one of the determinants of the multiplier, has played an important role in its contraction. In this new, alien economic environment, the kinds of policies that once buttressed the export-led growth strategy of the halcyon days require immediate revision. More policies should implemented that bolster domestic demand, especially consumption, rather than continuing efforts to facilitate supply side-based growth through export-friendly policies.

• 사회경제평론
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• v.31 no.2
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• pp.39-69
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• 2018

We measured industrial labor income shares and investigated their determinants. Excluding industries where non-wage earners are not countable, we constructed 22 industry labor income shares from 1993 to 2015. Even though labor income shares in manufacturing industries declined more than in service industries, the economy-wide decline was not driven by structural changes but by within-industry effects. We found that rise in capital-labor ratio, R&D intensity, export dependence, and irregular job ratio contributed to the fall in labor income shares. When we examined manufacturing industries separately, overall results were about the same. But in that case we had additional findings that the rise in import dependence and outsourcing ratio lowered labor's shares, while minimum wage increases raised them.

• 사회경제평론
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• no.38
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• pp.199-240
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• 2012

According to the Post Keynesian endogenous money theory, money is created by the bank deposit which is dependent on the banks' supply of loan. And the demand for loans is dependent on investment by firms. In the money creating process, real value(or investment) and money are connected with banks' credit. In this paper, we investigated Keynes and Post Keynesian endogenous money theory with critical reviews of Hwang (2005). We came to three conclusions. First, Post Keynesian endogenous money theory is based on Keynes' theory. Second, Keynes' endogeneity of money is essentially different from that of Wicksellian. Third, focusing on the differences of the starting point of the arguments not on the conclusions, two Post Keynesian views, namely horizontalists and structuralists are compatible with liquidity preference theory in the Keynes' system.

• 사회경제평론
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• v.29 no.1
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• pp.71-98
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• 2016

This study reveals the followings in the Tugan's business cycle thoery. First, Tugan tried to construct a business cycle theory based on his market theory. But Tugan' theory is lack of logical consistency. Second, Tugan's critics as well as defenders did not understand his theoretical error. Underconsumption theorists did not evaluate Tugan's periodical crisis theory while only criticizing Tugan's crisis theory neglected a consumption. Bauer developed Tugan's periodical crisis by using the reproduction scheme including a hoarded money. Hilferding only constructed a theory of crisis properly criticizing Tugan's crisis theory on the basis of Marx's concept of crisis.

• 사회경제평론
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• v.31 no.3
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• pp.1-27
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• 2018

We evaluate the income-led growth policies introduced in the first year of 'the Moon Government', and try to find ways to extend policy packages. We emphasize the expansion of fountain effects, reinforcing trickle-down effects, and fiscal expansion. Nevertheless, we still face two deep problems. It is hard to reverse the long-run downward growth trend due to population decline. It is also hard to overcome the chronic inefficiency in resource allocations originated from the Korea-specific monopolistic structure. We still can take advantage of income-led policy, but the growth effect will be limited if our efforts just remain in mild improvement of income distribution. We have to challenge the broader reform agenda if we really aim at great paradigm shift.

• 사회경제평론
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• v.31 no.3
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• pp.131-163
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• 2018

The long-run equilibrium of an economy is a situation where all firms in the economy realize the condition of 'extra profits = 0'. The conventional partial equilibrium (PE) analysis, which is based on the assumption of 'ceteris paribus', conflicts logically with the long run equilibrium. 'Full industry equilibrium' (FIE) deals with long-run equilibrium in the framework of partial equilibrium; FIE requires the adjustment of more variables than PE. The comparative statics analysis of FIE shows that many results of the conventional PE does not hold. The present paper intends to introduce the background and significance of FIE. In its course, the paper discusses similarities and differences between FIE and the Capital Controversies of the 1960s and 1970s, and highlights the critical and constructive significances of FIE.