• Journal of the Institute of Electronics Engineers of Korea SP
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• v.48 no.4
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• pp.153-159
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• 2011

The MUSIC (MUltiple SIgnal Classification) method estimates the directions of arrival (DOAs) of the signals impinging on a sensor array based on the fact that the noise subspace is orthogonal to the signal subspace. In the conventional MUSIC, an estimate of the basis for the noise subspace is obtained by eigendecomposing the sample matrix, which is computationally expensive. In this paper, we present a simple DOA estimation method which finds an estimate of the signal subspace basis directly from the columns of the sample matrix from which the noise power components are removed. DOA estimates are obtained by searching for minimum points of a cost function which is defined using the estimated signal subspace basis. The minimum points are efficiently found through the Brent method which employs parabolic interpolation. Simulation shows that the simple estimation method virtually has the same performance as the complex conventional method based on the eigendecomposition.

• Journal of the Korean Data and Information Science Society
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• v.28 no.2
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• pp.361-369
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• 2017

This paper analyzes the causal relationship between dollar exchange rate and international oil price. Although large literature on the relationship has accumulated, results are not unique but diversified. Based on the idea that such diversified results may be due to different causality at different economic status, we considers an approach to test the causal relationship at each quantile. This approach is different from the mean causality analysis widely employed by the existing literature of the causal relationship. In this paper, monthly data from May 1987 to 2013 is used for the causal analysis in which Brent oil price and Major Currencies Dollar Index (MCDI) are considered. The test method is the nonparametric test for causality in quantile suggested by Jeong et al. (2012). The results show that although dollar exchange rate causes oil price in mean, the causal relationship does not exist at most quantiles.

• Environmental and Resource Economics Review
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• v.14 no.4
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• pp.943-964
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• 2005

This study estimated a wide range of stochastic process models using the frameworks of CKLS (1992) and Nowman and Wang (2001). For empirical analysis, the GMM estimation procedure is adopted for the monthly Brent crude oil prices from January 1996 to January 2005. Using the simulated price series, European call option premiums were calculated and compared each other. The empirical results suggest that the crude oil price has a strong dependency of volatility on the price level. Contrary to the results of previous related studies, it shows a weak tendency of mean reversion. In addition, the models provide different implications for pricing derivatives on crude oil.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.63-71
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• 2020

In this paper, we propose the new time-varying coefficient GARCH-in-Mean model. The benefit of our model is to allow the risk-return parameter in the mean equation to vary over time. At the end of 2019 to the beginning of 2020, the world witnessed two shocking events: COVID-19 pandemic and 2020 oil price war. So, we decide to use the daily data from December 2, 2019 to May 29, 2020, which cover these two major events. The purpose of this study is to find the dynamic movement between risk and return in four major oil markets: Brent, West Texas Intermediate, Dubai, and Singapore Exchange, during COVID-19 pandemic and 2020 oil price war. For the European oil market, our model found a significant and positive risk-return relationship in Brent during March 26-April 21, 2020. For the North America oil market, our model found a significant positive risk return relationship in West Texas Intermediate (WTI) during March 12-May 8, 2020. For the Middle East oil market, we found a significant and positive risk-return relationship in Dubai during March 12-April 14, 2020. Lastly, for the South East Asia oil market, we found a significant positive risk return relationship in Singapore Exchange (SGX) from March 9-May 29, 2020.

• Journal of Navigation and Port Research
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• v.46 no.3
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• pp.289-296
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• 2022

The purpose of this study was to investigate the inter-correlation between crude oil prices and Dry Bulk Freight rates. Eco-friendly shipping fuels has being actively developed to reduce carbon emission. However, carbon neutrality will take longer than anticipated in terms of the present development process. Because of OVID-19 and the Russian invasion of Ukraine, crude oil price fluctuation has been exacerbated. So we must examine the impact on Dry Bulk Freight rates the oil prices have had, because oil prices play a major role in shipping fuels. By using the VAR (Vector Autoregressive) model with monthly data of crude oil prices (Brent, Dubai and WTI) and Dry Bulk Freight rates (BDI, BCI and (BP I) 2008.10~2022.02, the empirical analysis documents that the oil prices have an impact on Dry bulk Freight rates. From the analysis of the forecast error variance decomposition, WTI has the largest explanatory relationship with the BDI and Dubai ranks seoond, Brent ranks third. In conclusion, WTI and Dubai have the largest impact on the BDI, while there are some differences according to the ship-type.

• Tribology and Lubricants
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• v.3 no.2
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• pp.23-28
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• 1987

지난 6월 OPEC 총회에서 금년 하반기 석유생산 상한선을 하루 1,660만 배럴로 억제할 것을 합의했다. 또 소련에 이어 미국에 의해 쿠웨이트 유조선 호위가 개시됨에 따라 페르시아만 정세가 더욱 긴박해졌기 때문에 NYMEX의 WTI 원유의 선물가격 및 북해 Brent 원유의 스파트 가격도 배럴당 18달러 고정유가를 상회하는 수준까지 상승하고 있다. 이와같은 상황을 배경으로 주요 OPEC 산유국들은 달러가치 하락과 인플레에 의한 석유판매수입 저하를 보전하기 위해 내년에도 원유가격을 20달러 수준으로 인상할것이라는 것이 일반론이다. 이와같은 시장환경하에서 앞으로 연말까지 원유가격에 가장 큰 영향을 미칠것은 미.소등 강대국이 개입하여 국제화 경향을 보이고 있는 이란-이라크 전쟁의 향방이다.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 2003.11a
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• pp.514-515
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• 2003

대기 중에 부유하는 에어러솔은 태양복사와 지구복사를 흡수 또는 산란 시키는 직접효과나 구름응결 핵으로 작용하여 구름의 생성과 수명에 영향을 주는 간접효과를 통하여 대기의 복사 평형에 불균형을 초래하고, 궁극적으로는 온실기체와 더불어 기후변화를 야기할 수 있는 중요한 원인물질로 알려져 있다(Ramanathan et al., 2001). (중략)

• Environmental and Resource Economics Review
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• v.4 no.1
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• pp.103-124
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• 1994

주요 현물유가(WTI, Brent, Oman, Dubai)와 선물유가간의 동태적 관계를 시계열 분석 방법을 이용하여 살펴보았다. 현물유가 및 선물유가들은 1차 적분된 시계열(I(1))로 보여진다. 현물유가들사이 및 현물유가와 선물유가사이에도 공적분관계(cointegration relation)가 있는 것으로 보여진다. 한편, 선물유가는 현물 유가를 인과(Granger-cause)하지만, 현물유가는 선물유가를 인과하지 않는 것으로 나타났다. 이러한 공적분관계 및 인과관계의 결과는 합리적 기대가설(rational expectations hypothesis)에 의한 효율적 석유시장(efficient oil markets)과 일치하는 것으로 보여진다. 수정오차모형(error correction model)에 의해 3/4분기 및 4/4분기의 유가들을 예측해 보았다.

• The korean journal of orthodontics
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• v.50 no.4
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• pp.290-290
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• 2020

• Proceedings of the Korean Society of Computer Information Conference
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• 2023.01a
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• pp.405-406
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• 2023

일반적으로 네트워크 장비는 원활한 장비 관리를 위해 SNMP라는 프로토콜을 활용한다. SNMP를 활용함에 있어, 각 장비 제조사에서는 고유 기능을 정의하여 사용하기도 하는데 이를 Private MIB이라고 한다. 본 연구에서는 이러한 Private MIB을 대상으로 하는 퍼징(Fuzzing) 기술을 고안하였다. 본 논문에서는 특정 제조사의 Private MIB에 대해 페이로드를 만드는 전략과 실제 페이로드의 생성을 보인다. 이는 수많은 소프트웨어 혹은 장비들의 초기 안전성 평가를 수행하는 데 응용될 수 있을 것으로 기대한다.