• Title/Summary/Keyword: Aggregate Distribution

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Explicit and Closed-form Expressions Describing Magnetic Behaviors of The First-Order Uniaxial Magnetic Materials (1차 비등방성 단자구 자성체의 자기행동을 기술하는 닫힌형태의 양함수들)

  • Hur, Jeen;Shin, Sung-Chul
    • Journal of the Korean Magnetics Society
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    • v.8 no.2
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    • pp.49-56
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    • 1998
  • Explicit and closed-form expressions describing magnetic behaviors of uniaxial magnetic materials are derived. Explicit and closed-form expressions for magnetic torque, magnetization orientation, and thier derivative functions with respect to the intensity and the orientation of an applied field. Those explicit expressions could give elegant mehtods of measuring magnetic anisotropy and saturation magnetization by the least squre fitting. In addition, on could use them to study the distribution function of magnetic propeties of a non-interacting magnetic aggregate.

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What Causes Children to Work in Indonesia?

  • SANDRA, Heri;MAJID, M. Shabri Abd.;DAWOOD, Taufiq C.;HAMID, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.585-593
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    • 2020
  • This study contributes to the existing literature by empirically exploring the causes of child labor in the Indonesian labor market. Factors identified include rate of poverty, average wages, education participation, and quality of education. This study utilized an aggregate data of 301 districts and cities across 34 provinces sourced from the National Labor Force Survey and the National School/Madrasah Accreditation Board of the Republic of Indonesia. Using a multiple regression analysis, the study found strong evidence of the positive effect of poverty on child labor. Conversely, the study documented the adverse impact of average wages on child labor in Indonesia. Similarly, the participation in the education system also contributed negatively to the child labor. Finally, the quality of education services is found to have a negative effect on child labor in Indonesia. The findings of this study suggest that, in efforts to reduce the involvement of children in the workforce, the poverty eradication program should be enhanced. The wages should be continuously improved, at least, in par with the changes in prices. Finally, the quality of education and its services ought to be further enhanced to attract more child student participation rates across junior high schools nationwide.

The V-Shaped Disposition Effect in the Stock Exchange of Thailand

  • WAIYASARA, Kunthorn;PADUNGSAKSAWASDI, Chaiyuth
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.55-65
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    • 2020
  • The objective of this study is to investigate how investors in the Stock Exchange of Thailand practically trade in response to a magnitude of profits and losses, given a discussion of the widely well-known behavioral explanation, so called as the disposition effect. We provide empirical evidence of an existence of the V-shaped disposition effect, which has been recently found in several advanced equity markets. By adopting the methodology suggested by An's (2016) and Fama and Macbeth (1973), we document that stock return patterns in relation to aggregate unrealized gains and losses of investors are consistent with the V-shaped selling schedule, given an increase in unrealized gains and losses over the period of January 1996 to December 2015. The effect of unrealized gains is stronger than that of unrealized losses and this asymmetry underlies the existence of the V-shaped disposition effect in the Thai equity market. Interestingly, the effect of the V-shaped selling schedule is strongest over the short-term holding time horizon. Last but not the least, stocks for which investors have large unrealized gains and losses outperform in the following month and the long-short trading strategy, based on this premise, generates the average 1.7% monthly (equivalent to 20.0% per year) abnormal return.

Ultimate Analysis of Reinforced Concrete Shear Walls with Opening (개구부가 있는 철근콘크리트 전단벽의 극한해석)

  • Hu, Nam-Ryun;You, Young-Hwa;Kim, Woon-Hak
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.5 no.1
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    • pp.195-205
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    • 2001
  • An analytical finite element approach to nonlinear behavior of reinforced concrete shear walls with opening under monotonic loading was presented in this paper. In order to achieve the objectives of present paper, the orthogonal anisotropic models for cracked reinforced concrete element based on smeared crack concept were used as the nonlinear material models of biaxial state of stress. The stiffness of cracked concrete was evaluated through the combined use of tension and compression stiffness models in and parallel directions of crack, respectively and shear transfer effect due to the aggregate interlocking at crack surface. The stress and strain of reinforcement in concrete was evaluated using the average stress and average strain relation with bond effect. based on smeared crack concept. The diagonal reinforcing bar was modeled using truss element with bond effect. A special significance of diagonal reinforcement near opening was given to the shear wall with opening and an effective distribution of diagonal reinforcement was presented in order to give an ultimate strength increment as well as a crack control.

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An Evaluation on the Performance of Recyclable Cement by Micron Separating Method (미세분급 방법 개선에 의한 재생시멘트의 성능 평가)

  • Hong, Young-Tae;Kim, Sae-Young;Ko, Eun-Hye;Oh, Sang-Gyun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2006.11a
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    • pp.39-42
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    • 2006
  • In this study, there is purpose that is on a concrete defect happen from aggregate minute's particle mixing in process that make waste concrete as recyclable cement puts to practical use constructing basic data for design of mix proportion used recyclable cement and solves strength fall problem using micron separator, and does general recyclable cement high quality. As a result of X-ray diffraction(XRD) of rater HR-C than NR-C is aware that it come out the micron-separating to decrease the $SiO_2$-peak below 50%. And a construction field which apply for strength's $24{\sim}28MPa$ HR-C in order to realize NR-C of 44% and 51%. Recycle concrete capacity through improved recycle cement of manufacturing technique by micron-separating's new distribution more better improvement. Therefore, in this study, it need to more various study a recycle cement of high quality for reasonable and utility recycling than disposal concrete.

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State-Owned Enterprises and Debt Sustainability Analysis: The Case of the People's Republic of China

  • Ferrarini, Benno;Hinojales, Marthe
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.91-105
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    • 2019
  • The paper aims to combine balance sheet analysis at the firm level with the International Monetary Fund's public debt sustainability assessment framework to assess state-owned enterprises' (SOE) leverage as a contingent liability to the public sector. Based on company data and the interest coverage ratio as a measure of debt at risk, aggregate baseline scenarios are projected to gauge the magnitude of SOE debt as a contingency. SOE's financial and debt ratios are first bootstrapped to generate firm-level distributions and then averaged into a fan chart of the economy-wide SOE contingent liability. Applied to the People's Republic of China as an example, the study finds that by the end of 2015 SOE leverage had grown to a substantial liability. However arbitrary the assumptions underlying these projections, it would appear that even if authorities had to mop up as much as 20% of SOE debt at risk gone bad, this would have been manageable at roughly 2.7% of the gross domestic product in 2016 or 5.5% by 2021. This projection framework is fully amenable to alternative assumptions and settings, which makes it a useful analytical tool to monitor contingent liabilities from non-financial corporate debt that have been building in emerging and advanced economies alike.

Reliability studies on RC beams exposed to fire based on IS456:2000 design methods

  • Balaji, Aneesha;Aathira, M.S.;Pillai, T.M. Madhavan;Nagarajan, Praveen
    • Structural Engineering and Mechanics
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    • v.59 no.5
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    • pp.853-866
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    • 2016
  • This paper examines a methodology for computing the probability of structural failure of reinforced concrete beams subjected to fire. The significant load variables considered are dead load, sustained live load and fire temperature. Resistance is expressed in terms of moment capacity with random variables taken as yield strength of steel, concrete class (or grade of concrete), beam width and depth. The flexural capacity is determined based on the design equations recommended in Indian standard IS456:2000. Simplified method named $500^{\circ}C$ isotherm method detailed in Eurocode 2 is incorporated for fire design. A transient thermal analysis is conducted using finite element software ANSYS$^{(R)}$ Release15. Reliability is evaluated from the initial state to 4h of fire exposure based on the first order reliability method (FORM). A procedure is coded in MATLAB for finding the reliability index. This procedure is validated with available literature. The effect of various parameters like effective cover, yield strength of steel, grade of concrete, distribution of reinforcement bars and aggregate type on reliability indices are studied. Parameters like effective cover of concrete, yield strength of steel has a significant effect on reliability of beams. Different failure modes like limit state of flexure and limit state of shear are checked.

Study on the Impact of Various Observations Data Assimilation on the Meteorological Predictions over Eastern Part of the Korean Peninsula (관측자료별 자료동화 성능이 한반도 동부 지역 기상 예보에 미치는 영향 분석 연구)

  • Kim, Ji-Seon;Lee, Soon-Hwan;Sohn, Keon-Tae
    • Journal of Environmental Science International
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    • v.27 no.11
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    • pp.1141-1154
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    • 2018
  • Numerical experiments were carried out to investigate the effect of data assimilation of observational data on weather and PM (particulate matter) prediction. Observational data applied to numerical experiment are aircraft observation, satellite observation, upper level observation, and AWS (automatic weather system) data. In the case of grid nudging, the prediction performance of the meteorological field is largely improved compared with the case without data assimilations because the overall pressure distribution can be changed. So grid nudging effect can be significant when synoptic weather pattern strongly affects Korean Peninsula. Predictability of meteorological factors can be expected to improve through a number of observational data assimilation, but data assimilation by single data often occurred to be less predictive than without data assimilation. Variation of air pressure due to observation nudging with high prediction efficiency can improve prediction accuracy of whole model domain. However, in areas with complex terrain such as the eastern part of the Korean peninsula, the improvement due to grid nudging were only limited. In such cases, it would be more effective to aggregate assimilated data.

Investigation of blasting impact on limestone of varying quality using FEA

  • Dimitraki, Lamprini S.;Christaras, Basile G.;Arampelos, Nikolas D.
    • Geomechanics and Engineering
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    • v.25 no.2
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    • pp.111-121
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    • 2021
  • Large deformation and rapid pressure propagation take place inside the rock mass under the dynamic loads caused by the explosives, on quarry faces in order to extract aggregate material. The complexity of the science of rock blasting is due to a number of factors that affect the phenomenon. However, blasting engineering computations could be facilitated by innovative software algorithms in order to determine the results of the violent explosion, since field experiments are particularly difficult to be conducted. The present research focuses on the design of a Finite Element Analysis (FEA) code, for investigating in detail the behavior of limestone under the blasting effect of Ammonium Nitrate & Fuel Oil (ANFO). Specifically, the manuscript presents the FEA models and the relevant transient analysis results, simulating the blasting process for three types of limestone, ranging from poor to very good quality. The Finite Element code was developed by applying the Jones-Wilkins-Lee (JWL) equation of state to describe the thermodynamic state of ANFO and the pressure dependent Drucker-Prager failure criterion to define the limestone plasticity behavior, under blasting induced, high rate stress. A progressive damage model was also used in order to define the stiffness degradation and destruction of the material. This paper performs a comparative analysis and quantifies the phenomena regarding pressure, stress distribution and energy balance, for three types of limestone. The ultimate goal of this research is to provide an answer for a number of scientific questions, considering various phenomena taking place during the explosion event, using advanced computational tools.

The Fiscal Policy Instruments and the Economic Prosperity in Jordan

  • ALZYADAT, Jumah A.;AL-NSOUR, Iyad A.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.113-122
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    • 2021
  • This study aims to investigate the effects of fiscal policy instruments on economic growth in Jordan using annual data from 1970 to 2019, by applying the VAR model (Vector Auto regression) and the Vector Error Correction Model (VECM). The study also examines the dynamic relationship among economic variables over time using the Granger casualty test, Impulse Response Function, and Variance Decomposition. The results show that not only the public expenditures have a positive effect on economic growth in Jordan, but also the tax revenues positively affect the economic growth in the short-run, and this is because of using the tax revenues to finance the government activities in Jordan. This effect becomes negative in the long run, and this is explained because the tax seems a source of distortions in the economy, The extreme taxes may cause huge distortions in the economy, and these distortions destroys the purchasing power, the aggregate demand, and supply. More governmental dependence on tax revenues is the main source of tax evasion and less efficiency. The effect of taxation will curb any prosperity in the economy. Therefore, the government should estimate the fair tax rates to generate sufficient revenues to finance the public expenditure required to enhance economic prosperity.