• The Korean Journal of Financial Management
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• v.25 no.2
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• pp.1-31
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• 2008

Before the financial crisis in 1997, Korean bond markets had been those of corporate bonds with relatively high market yield. During the period, most of major institutional investors tend to utilize passive strategies such as buying and holding. After the crisis, however, they could not help choosing active bond management strategies because of lowed yield level and intensified competition among the financial institutions. This study is forced on the yield curve, which is the reflection of all information on the bond investment environments. The study also make analysis on the major economic and securities market factors and its structural relationship with the shape of the curve such as level, curvature and slope. For these purposes, an empirical model based on the Nelson-Siegel Model is estimated with the data during $1999{\sim}2006$. Out-of-sample forecasting is also made to test the usefulness of the estimated model. In addition, the dependent variables which are the estimates of level and slope are estimated on the macro variables and securities market variables. VAR and SUR models are used for the estimation. Estimation results show that level and slope of the yield curve are influenced by the target call rate change, exchange rate change rate, inflation rate. These results provide practical implications for the active managements in the overall treasury bond markets.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.19 no.4
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• pp.397-403
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• 2008

In this paper, the mixer was implemented in the non-radiative dielectric waveguide that is the main component of 60 GHz band radio telecommunications equipment which a demand increases for the purpose of point-to-point communication network. As to the manufacture of the non-radiative dielectric waveguide mixer, it was the implementation of the dielectric line combiner to be most difficult. The thing which that gives shape to the curvature which is the dielectric line determined and the to place in the exact interval thing are easy. For this reason, it was very difficult to make in order to have the regular performance in the case of the mixer having the dielectric line combiner. In this paper, since the dielectric line combiner was replaced with the waveguide directional coupler and the manufacture was possible through a processing it had the characteristic that a combiner is fixed. In result, the productivity of a mixer was innovatively improved. The design frequency of the mixer implemented through this paper RF and LO are $51{\sim}64\;GHz$. IF Is $DC{\sim}\;GHz2$. The down conversion loss toward the RF input of $60{\sim}62\;GHz$ was measured by $10{\pm}1\;dB$ in the condition that LO is 10 dBm, 60 GHz.

• Journal of the Korean Geotechnical Society
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• v.29 no.10
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• pp.39-48
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• 2013

This paper presents an equation to depict the penetration behavior during the standard penetration test (SPT) in sandy deposits. An energy balance approach is considered and the driving mechanism of the SPT sampler is conceptually modeled as that of a miniature open-ended steel pipe pile into sands. The equation consists of three sets of input parameters including hyperbolic parameters (m and ${\lambda}$) which are difficult to determine. An iterative technique is thus applied to determine the optimized values of m and ${\lambda}$ using three measured values from a routine SPT data. It is verified from a well-documented record that the simulated penetration curves are in good agreement with the measured ones. At a given depth, the increase in m results in the decrease in ${\lambda}$ and the increase in the curvature of the penetration curve as well as the simulated N-value. Generally, the predicted penetration curve becomes nearly straight for the portion of exceeding the seating drive zone, which is more pronounced as soil density increases. Thus, the simulation method can be applied to extrapolating a prematurely completed test data, i.e., to determining the N value equivalent to a 30 cm penetration. A simple linear equation is considered for obtaining similar results.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.40 no.4
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• pp.371-381
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• 2020

The failure mode of concrete reinforced with FRP is defined as the concrete crushing and the fiber rupture and the definition of limit state is a slightly different according to the design methods. It is relatively difficult to predict of FRP reinforced concrete because the mechanical properties of fibers are quite depending on its of fibers. The design code by ACI440 committee, which has been developed mainly on GFRP having low modulus of elasticity, is widely used, but the applicability on other FRPs of this code has not been sufficiently verified. In addition, the ultimate and serviceability limit state based on the ACI440 are comparatively difficult to predict the behavior of member with the 0.8~1.2 𝜌_b because crushing and rupturing failure can be occurred simultaneously is in this region of reinforcement ratio, and predicted deflection is too sensitive according to the loading condition. Therefore, in this study, reliability and convenience of the prediction of structural performance by design methods such as ACI440 and MC90 concept, respectively, were examined through the experimental results and literature review of the beam and slab with the reinforcement ratio of 0.8 ~ 1.4. As a result of the analysis, it can be applied to the FRP reinforced structure in the case of the simple moment-curvature formula (LIM-MC) of Model Code, and the limit state design method based on the EC2 is more reliable than the ultimate strength design method.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.35 no.1
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• pp.33-42
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• 2011

In this study, we investigated the natural convection on the outer surface of a vertical pipe by performing mass transfer experiments using fluids with high Pr number using the concept of analogy between heat and mass transfer. A cupric acid-copper sulfate electroplating system was adopted as the mass transfer system. Tests were performed for $Ra_H$ numbers from $1.4{\times}10^9$ to $4{\times}10^{13}$, Pr numbers from 2,094 to 4,173, and diameters from 0.005 m to 0.035 m. The test results for laminar flow conditions were in good agreement with the correlations reported by King, Jakob and Linke, McAdam, and Bottemanne, and those for turbulent conditions with the correlations presented by Fouad for a vertical plate and also proved the dependence on Pr numbers. The obtained correlations were $Nu_H=0.55Ra^{0.25}_H$ for laminar and $Nu_H=0.12Ra^{0.28}_HPr^{0.1}$ for turbulent. The transition between laminar and turbulent occurs at $Ra_H$ of about $10^{12}$.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.38 no.11
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• pp.1309-1315
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• 2014

The switch for a maglev vehicle should be designed such that the vehicle safely changes its track without touching the guiderail. In particular, a medium-to-low-speed EMS -type maglev train relies heavily on a U-type electromagnet where it generates levitation force and guidance force simultaneously. Therefore, it is necessary to evaluate the safety of the vehicle whenever it passes the switch, as it lacks active control of the guidance force. Furthermore, when the vehicle passes a segmented switch, which is a group of curves made up of connected lines with a small radius of curvature, it may come into mechanical contact with the guiderail owing to the excessive lateral displacement of the electromagnet. The goal of this study is to analyze the influence of a segmented switch on the safety of major design-related variables for achieving improved running safety. We propose a three-dimensional multibody dynamics model composed of two cars with one body. Using the proposed model, we perform a simulation of the lateral air gap, which is one of the measurements of the running safety of the vehicle when it passes the switch. The analyzed design variables are the length between short span girder, the articulation angle, the length between two centers of a fixed girder at its ends, and the number of girders. On the basis of the effects of the considered design variables, we establish an optimized design of a switch with improved safety.

• Journal of Energy Engineering
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• v.5 no.2
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• pp.160-169
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• 1996

Parametric studies are conducted for optimizing the integration design between gas turbine compressor and air separation unit (ASU) of integrated gasification combined cycle power plant. The present study adopts the ASU of double-distillation column process, from which integration conditions with compressor such as the heat exchanger condition between air and nitrogen, the amount and the pressure of extracted air are defined and mathematically formulated. The performance variations of the compressor integrated with ASU are analyzed by combining streamline curvature method and pressure loss models, and the predicted results are compared with the performance test results of actual compressors to verify the prediction accuracy. Using the present performance prediction method, the effects of pinch-point temperature difference (PTD) in the heat exchanger, the amount and the pressure of extracted air on compressor performances are quantitatively examined. As the extraction air amount or the PTD is increased, the pressure ratio and the power consumption of compressor are increased. The compressor efficiency deteriorates as the increase of the flow rate of air extracted at higher pressure level while improving at lower pressure air extraction. Furthermore, through the characteristic curve between generalized inlet condition and efficiency of compressor, optimal integration condition is presented to maximize the compressor efficiency.

• Journal of Korean Society of Steel Construction
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• v.19 no.6
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• pp.559-573
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• 2007

Orthotropic steel decks are manufactured by welding thin plates therefore it is inevitable that there are abundant works of welding process. On connection of transverse rib web, crossing point of longitudinal rib, transverse rib and deck plate and cut-out parts of transverse rib are the significant position of stress concentration because of out of plane and oil-canning deformation caused by longitudinal rib distortion with shear force and distortion. At the current research, the crossing point where the orthotropic steel decks's effect of improving fatigue performance are high, not placing scallop and diaphragm which have same plane with transverse rib placed inside of longitudinal rib at the same time, the reduce effects of stress concentration at the cut-out section and the crossing are high. Especially the installation of the diaphragm causing great effects based on research results to stress concentration appearance reduce effects at the cut-out section, putting radius of curvature of the diaphragm's top and bottom as a target, as a result of carrying out the parametric analysis an optimal diaphragm form that has great effects in fatigue performance came to a conclusion. Also based on optimal diaphragm form, an advantage of the diaphragm optimal setting position for improvement of the fatigue performance came to a conclusion.

• Maxillofacial Plastic and Reconstructive Surgery
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• v.33 no.2
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• pp.112-119
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• 2011

Purpose: Collagen membranes are used extensively as bioabsorbable barriers in guided bone regeneration. However, collagen has different effects on tissue restoration depending on the type, structure, degree of cross-linking and chemical treatment. The purpose of this study was to evaluate the inflammatory reaction, bone formation, and degradation of dehydrothermal treated porcine type I atelocollagen (CollaGuide$^{(R)}$) compared to of the non-crosslinked porcine type I, III collagen (BioGide$^{(R)}$) and the glutaldehyde cross-linked bovine type I collagen (BioMend$^{(R)}$) in surgically created bone defects in rat mandible. Methods: Bone defect model was based upon 3 mm sized full-thickness transcortical bone defects in the mandibular ramus of Sprague-Dawley rats. The defects were covered bucolingually with CollaGuide$^{(R)}$, BioMend$^{(R)}$, or BioGide$^{(R)}$ (n=12). For control, the defects were not covered by any membrane. Lymphocyte, multinucleated giant cell infiltration, bone formation over the defect area and membrane absorption were evaluated at 4 weeks postimplantation. For comparison of the membrane effect over the bone augmentation, rats received a bone graft plus different covering of membrane. A $3{\times}4$ mm sized block graft was harvested from the mandibular angle and was laid and stabilized with a microscrew on the naturally existing curvature of mandibular inferior border. After 10 weeks postimplantation, same histologic analysis were done. Results: In the defect model at 4 weeks post-implantation, the amount of new bone formed in defects was similar for all types of membrane. Bio-Gide$^{(R)}$ membranes induced significantly greater inflammatory response and membrane resorption than other two membranes; characterized by lymphocytes and multinucleated giant cells. At 10 weeks postoperatively, all membranes were completely resorbed. Conclusion: Dehydrotheramal treated cross-linked collagen was safe and effective in guiding bone regeneration in alveolar ridge defects and bone augmentation in rats, similar to BioGide$^{(R)}$ and BioMend$^{(R)}$, thus, could be clinically useful.

• Journal of Acupuncture Research
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• v.23 no.3
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• pp.207-214
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• 2006

Objectives : This study is designed in order to evaluate the therapeutic effect of Scalp Acupuncture and Do-ma Acupuncture related with Governer Vessel(Dok) and Bladder Meridian(Chok-taeyang) on acute low back pain Methods : We investigated 30 patients suffering from acute low back pain were admitted to Dunsan O.M.hospital from March. 1st 2005 to December. 30th 2005. We divided into two groups: one group was treated with Scalp acupunture, another group was treated with common acupuncture. 30 patients, were diagnosed only straightened curvature on lateral view of lumbar spine X -ray. Scalp acupunture related with Governer Vessel(Dok) and Bladder Meridian(Chok-taeyang) and Do-ma acupuncture. To estimate the efficacy of treatment that applied for two groups, we compared the visual analog scale(VAS), Oswestry disabiliby index(ODI) and Straight Leg Raising Test(SLRT) score of two groups statistically. Results : Both Scalp acupuncture related with Governer Vessel(Dok) and Bladder Meridian (Chok-taeyang) and Do-ma acupuncture therapy showed good effect on acute low back pain. It was proved by the difference between VAS, ODI and SLRT score checked before treatment and what checked after treatment on each groups. Conclusion: The therapeutic effect of Scalp Acupuncture and Do-ma Acupuncture on acute low back pain can be recommended as a useful therapy to treat acute low back pain.