• Title/Summary/Keyword: Base Rate

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Deposit Margin Strategy of Banks and Saving Banks due to Changes in the Base Rate (기준금리 변동에 따른 은행과 저축은행의 예대마진 전략)

  • Kim, Dowan
    • Journal of Information Technology Applications and Management
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    • v.29 no.2
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    • pp.39-50
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    • 2022
  • This research confirmed whether banks and saving banks increase their deposit margin under changes in the base rate. This paper has conclusions as follows. First, when the Bank of Korea changes the base rate, deposit rate variable are significant with panel analysis in the total data set and saving banks. This result implies that changes in the base rate affect deposit margin. Second, this study confirmed whether banks and saving banks maximize their deposit margin as base rate changes. As a result, when the Bank of Korea cut the base rate, the deposit margins of banks and saving banks decreased significantly. Still, their deposit margins are not statistically significant in the opposite situation. Therefore, this paper could not find evidence that banks and saving banks behave to maximize their deposit margin. Maybe, this phenomenon can appear because these financial institutions recognize this criticism.

Cross-border Relationship Analysis Between Base Interest Rates and Construction Investment (국경을 넘어선 기준금리와 건설투자 간의 관계 분석)

  • Kim, Toseung;Lee, Hyeon-soo;Park, Moonseo
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.1
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    • pp.47-56
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    • 2019
  • As the zero interest rate era was over with the end of quantitative easing, the economy of several global markets observed the fluctuations of the base interest rate. Interest rate, which is the change of money value with respect to time, is negatively correlated with construction investment. Considering the characteristics of interest rates and construction investment as economic variables, the necessity of cross-border analysis between base interest rate and construction investment was suggested in this paper. Cross-correlation analysis between base interest rates and construction investment crossing the border was performed. The effective correlations were confirmed with values varying by countries. Similar characteristics were also observed among countries with similar economy, which were then divided into three groups. Additionally, identifying the base interest rate that affects the construction investment of a particular country was made possible by reflecting a self-cycle of base interest rates. Lastly, from the result of examining the influence of each rise and fall of the interest rate, it was verified that the difference was more than twice as large in some countries. These results are expected to contribute to construction-related policy makers or investors to make decisions in response to the economic status of the construction market.

A Study to improve old water supply facilities in Airforce Base through the Smart Water management vs WASCO Project (스마트 물관리 시스템과 WASCO 사업을 통한 공군기지 노후 상수도 개선사업의 실증 연구)

  • Park, Sung-Su;Kim, Chang-Eun
    • Journal of the Korea Safety Management & Science
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    • v.22 no.4
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    • pp.53-64
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    • 2020
  • The purpose of this study is to analyze outcome of the project to improve old water supply facilities in Airforce Base to improve water revenue rate. To achieve the objective of this study, First, literature review is conducted to clearly define the concept of water revenue rate improve project. Second, WASCO project on 2 Airforce base review and smart water management pilot project on 1 Airforce base is conducted. Third, economical analysis of project is conducted to examine the outcome. As a result, WASCO and smart water management pilot project on Airforce base was effective to improve water revenue rate. Finally, the improvements were suggested after investigating the key factors on water revenue rate improve project. In the future, this study will be used as a baseline for developing water revenue rate improve project.

Two-stage Serial Supply Chains under Fill Rate Constraints (2단계 시리얼 시스템의 Fill Rate 만족 방안)

  • Kwon Ick-Hyun;Kim Sung-Shick
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.1
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    • pp.105-115
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    • 2006
  • In this paper, we investigate the problem of minimizing average inventory costs subject to a fill rate constraint in a two-stage serial inventory model with a normally distributed demand. Fill rate is the fraction of demand that is satisfied immediately from on-hand inventory. We first find the lower bounds of base-stock levels in each node by using the exact base-stock level that satisfies a fill rate in a single node model proposed by Sobel. And then, we extensively analyze the system and show that the cost function is convex. Using such convexity and some other useful properties, we can easily find optimal base-stock levels numerically.

Environmentally Friendly Moisture-proof Paper with Superior Moisture Proof Property (I) -Properties of Moisture Proof Chemicals- (방습 효과가 우수한 환경친화적 방습지(제1보) -방습제의 특성-)

  • 유재국;조욱기;이명구
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.33 no.4
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    • pp.15-20
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    • 2001
  • The function of the moisture-proof paper is to prevent moisture from adsorbing into the packed goods. Water-vapor transmission rate of the moisture-proof paper should be less than 100g/$m^2$.24hr and the optimum rate would be less than 50g/$m^2$.24hr. In general the moisture-proof paper has been made by laminating polyethylene or polypropylene on top of the base paper. However this kind of moisture-proof paper has a problem in recycling so that it brings about environmental pollution. In general the moisture-proof paper has been made by laminating polyethylene or polypropylene on top of the base paper. However this kind of moisture-proof paper has a problem in recycling so that it brings about environmental pollution. The purpose of this paper was to make moisture-proof paper using the mixture of SB latex and wax emulsion which was recyclable and environmentally friendly. Water vapor transmission rate showed less than 50g/$m^2$.24hr in mixture ratio of 85:15, 87:13, 90:10. Especially the mixture ratio of 87:13 showed the most favorable water-vapor transmission rate. However, the moisture-proof layer was destroyed slightly by folding in packing. It has been observed that there was no close relationship between water-vapor transmission rate of the moisture-proof paper and grammage of the base paper, but the density of base paper had influenced on water vapor transmission rate. It was also observed that the moisture-proof paper could be recycled. The moisture-proof paper was similar to base paper in degree of the pulping, and there was no significant difference in dispersion between moisture-proof paper and base paper. Most of wax particles which caused the spots during drying process could be removed by flotation process. Tensile strength and tear strength of both moisture-proof paper and base paper after pulping were measured to examine the fiber bonding, and no significant difference in physical properties was observed.

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Base Flow with External Combustion (외부연소를 고려한 기저유동)

  • Shin, Jae-Ryul;Choi, Jeoung-Yeoul
    • 한국연소학회:학술대회논문집
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    • 2007.05a
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    • pp.92-97
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    • 2007
  • Numerical simulations were carried out to investigate the base drag characteristics of a base bleed projectile with a central propulsive jet by considering the base burning process. Overall fluid dynamic process is modeled by Navier-Stokes equations for reacting flows with two-equation $k-{\omega}$ SST turbulence closure. The combustion process is modeled by finite-rate chemistry with a given partially burned exit condition of the BBU (base-bleed unit). Besides the demonstrating the capability of the present CFD solver for the base drag and the interaction of the base flow with a rocket plume, present study gives an insight into the fluid dynamics and the combustion process of the hybrid-propulsion projectile.

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An Analysis on the Causal Relation Among SMP, Base-Load Share, LNG Import Price, and Exchange Rate (전력계통한계가격(SMP)과 기저발전비율, LNG도입가격, 환율 간 인과관계 분석)

  • Park, Min Hyug;Moon, Yang Taik;Park, Jung Gu
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.28 no.7
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    • pp.97-105
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    • 2014
  • This article examines the causality relationship among SMP, base-load share, LNG import price, and exchange rate in Korean power market during 2002~2012, using unit root test, cointegration test, and vector error correction model(VECM). The cointegration test shows that 4 variables without unit root have been in the long-run causality. As the results of ECM, SMP is analyzed to have been unilaterally caused from LNG import price and base-load share in the shot-run, while it has been unilaterally caused from LNG import price and exchange rate in the long-run. This article has the following policy implications: the adjustment of exchange rate to reduce he risk of LNG import price and the proper securement of base-load share for the long-run stability of SMP.

Utilization of Pine Bark(II) -Characterization of Mg- and Na-base Acid Sulfite Cooking- (소나무 수피(樹皮)의 총합적(總合的) 이용(利用)(II) -Mg- 및 Na-base 산성(酸性) 아황산염(亞黃酸鹽) 증해(蒸解) 특성(特性)-)

  • Mun, Sung-Phil;Kim, Jae-Phil
    • Journal of the Korean Wood Science and Technology
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    • v.22 no.1
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    • pp.34-39
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    • 1994
  • Effects of Mg-base acid sulfite and Mg- or Na-base bisulfite on pine bark cooking were examined. In the presence of 75 % free acid at 145 $^{\circ}C$, the rate of cooking and delignification was improved with the increase of total acid. However, the delignification could not be achieved by 50 % or more under these cooking conditions. When cooked with 50~65 % free acid and at 155~165 $^{\circ}C$, the rate of cooking and delignification was remarkably improved. Thus, the bark was delignified up to 73 % when cooked for 2 hours in the presence of 50 % free acid and 24 % total acid. Na-base bisulfite was slightly more effective than Mg-base bisulfite for cooking, giving 76 % delignification of pine bark. However, there was no significant difference in selectivity of delignification between Na- and Mg-base bisulfite cooking.

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코팅 부동화 측정장치개발 및 부동화시간에 관한 연구

  • ;D. W. Bousfield
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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    • 2001.11a
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    • pp.42-42
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    • 2001
  • The rate of coating consolidation influences the operation of several coating methods and the final quality of the coating layer. The rate of coating consolidation is characterized with a dynamic gloss meter at short times for a thin coating layer applied to the base sheet of interest. During the coating consolidation process, the laser gloss meter response curve exhibits two critical turning points that indicate the two coating immobilization points defined by the traditional methods. Five base sheets with several different coating suspensions are characterized. A model is proposed to estimate the rate of consolidation based on physical properties of the coating suspension, the base paper, and the liquid phase of the coating. The paper properties, especially the contact angle, are found to be an important factor in determining rate of consolidation. The model predicts the correct trends for the different coating suspensions and base sheets. The test method, along the model, can be used to determine the filtercake resistance of the coating layer for a thin and rapidly formed filtercake.

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Implementation of 500BASE-T with 2 Pairs UTP (2조 UTP를 이용한 500BASE-T의 구현)

  • Chung, Hae;Jeon, Seong-Bae;Kim, Jin-Hee;Park, Hyung-Jin
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.10B
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    • pp.1150-1158
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    • 2011
  • More than 100 Mbps rate is needed in the UBcN for a subscriber to receive broadband traffics with multi-channel like UDTV or 3DTV. Although the optical fiber is recently deployed for the FTTH, the UTP is the most widely used medium and will be used in UBcN age. Network providers may consider the 1000BASE-T or the vectorized VDSL if they adopts the UTP in the place where does not have optical fibers. But UTP should be expanded because 1000BASE-T and vectorized UTP needs 4 and 3 pairs cable, respectively while residential region has not exceeding 2 pair UTP cable. To solve the problem, we propose a 500BASE-T technology using 2 pairs UTP in this paper. The technology introduces a rate adaptation sublayer and a SERDES sublayer above and under the PCS, respectively. The rate adaptation sublayer is compatible for the GMII. Also, if we modify the SERDES sublayer, the technology can easily obtain 250BASE-T with 2 pairs UTP. We implement such functions with FPGA and analog board and verify the function of rate adaptation and symbol vector synchronization, and effective transmission rate by experiments. In particular, we show that link efficiency is increased by enable control in the rate adaptation sublayer.