• 제목/요약/키워드: Development periods

검색결과 1,564건 처리시간 0.033초

Assessing the Contributions of Non-bank Financial Institutions (NBFI) and ELS Issuance to Systemic Risk in Korea

  • JONG SOO HONG
    • KDI Journal of Economic Policy
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    • 제46권1호
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    • pp.21-51
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    • 2024
  • Since the Global Financial Crisis of 2008-2009, the importance of nonbank financial institutions in macroprudential management has increased significantly. Consequently, major countries and international financial institutions have been actively discussing and implementing macroprudential supervision and regulation for non-bank financial institutions (NBFI). In this context, this paper analyzes the systemic risk of both banks and non-bank sectors (securities firms and insurance companies) in South Korea over different time periods. Using the widely recognized ΔCoVaR methodology for measuring systemic risk, the analysis reveals that systemic risk increased substantially across all three sectors (banks, securities firms, and insurance companies) during the Global Financial Crisis, the European Sovereign Debt Crisis, and the COVID-19 pandemic. Although the banking sector exhibited relatively high systemic risk compared to the securities and insurance sectors, the relative differences in systemic risk varied across the different crisis periods. Notably, during the margin call crisis in March of 2020, the gap in systemic risk between the banking and securities sectors decreased significantly compared to that during both the Global Financial Crisis and the European Sovereign Debt Crisis, indicating that securities firms had a more substantial impact on risk in the overall financial system during this period. Furthermore, I analyze the impact of the issuance of equity-linked securities (ELS) by financial institutions on systemic risk, as measured by ΔCoVaR, finding that an increase in the outstanding balance of ELS issuance by financial institutions had an impact on increasing ΔCoVaR during the three crisis periods. These findings underscore the growing importance of non-bank financial institutions in relation to South Korea's macroprudential management and supervision. To address this evolving landscape, enhanced monitoring and regulatory measures focusing on non-bank systemic risk are essential components of maintaining financial stability in the country.

Development of Local Drug Delivery System: Prolonged Sciatic Nerve Blockade From Biodegradable Microspheres

  • Lim, Jeong-Ok
    • Journal of Pharmaceutical Investigation
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    • 제25권3호spc1호
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    • pp.33-35
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    • 1995
  • Microspheres containing tetracaine or bupivacaine with poly-lactic-glycolic acid were prepared with a range of compositions. Using the rat scicatic nerve model in vivo it was found that prolonged blockade for periods of 2-7 days. depending on composition variables. Polymer-local anesthetics microspheres are feasible delivery vehicle for prolonged regional nerve blockade.

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Effect of photoperiod and light intensity on in vitro propagation of Alocasia amazonica

  • Jo, Eun-A.;Tewari, Rajesh Kumar;Hahn, Eun-Joo;Paek, Kee-Yoeup
    • Plant Biotechnology Reports
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    • 제2권3호
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    • pp.207-212
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    • 2008
  • Plantlets of Alocasia amazonica regenerated under a photon flux density (PFD) of 15 or $30{\mu}mol\;m^{-2}s^{-1}$ showed better growth and development than those grown under higher PFDs. While chlorophyll a and chlorophyll b decreased, the number of stomata increased with increasing PFD. Photoperiods also affected plantlet growth and stomatal development. Highest growth was observed for the short photoperiod (8/16 h) and for equinoctial (12/12 h) light and dark periods. Very few stomata developed in the leaves of plantlets grown under a short photoperiod (8/16 h) and the number of stomata increased with increasing light period. In conclusion, both light intensity and photoperiod independently affect growth of A. amazonica and development of stomata, depending on the intensity and duration of light treatment.

Development of ICT as an evolutionary process

  • Hwang, Gyu-hee
    • 기술혁신학회지
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    • 제5권2호
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    • pp.189-211
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    • 2002
  • The research shows how the technological change of 'Information and Communication Technology' (ICT) is accompanied with the usage change. It aims to provide a better conceptualization with empirical findings about the fact that the technological development of ICT is a convergence process of ICT factors with the usage of ICT moving from a limited coverage toward a general-purpose. The research adapts a descriptive methodology on a historical matter and demonstrates how it can be conducted through analytical description of Input-Output tables (I/O) the over periods. The case is about the UK with sequential I/O during 1970s- 90s.

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한국어와 영어 두 언어를 동시에 습득하는 한국어린이의 한국어 후치부정어 습득에 대한 연구 (The Development of Postverbal Negation in Korean in a Korean-English Bilingual Child)

  • 김명숙
    • 인지과학
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    • 제20권4호
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    • pp.383-419
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    • 2009
  • 본 연구의 목적은 첫째, 태어나면서부터 영어와 한국어를 동시에 습득하는 한 한국어린이(R)의 한국어 후치부정어 발달과정을 살펴보는 것이고, 둘째, 후치부정어의 발달과정과 실제 사용상의 발달적인 측면에서 한국어만 습득하는 어린이들과 비교하여 비슷한 발달 모습과 다른 모습을 분석하는 것이다. 세 번째는 R의 한국어 부정어 습득 과정뿐만 아니라 관찰되는 특별한 형태의 원인을 규명하고자 하는 것이다. 본 연구의 대상은 한국어와 영어를 동시에 습득하는 어린이이며, 연구방법은 종단연구를 사용하였으며, 한국어의 후치부정어 발달을 5세에서 7세 사이의 2년에 걸쳐 연구하였다. 전체적으로 R 의 후치부정어의 습득은 습득환경의 영향으로 속도에 차이가 있으며 한국어만 습득하는 어린이와 비슷한 발달모습을 보이지만 다른 발달모습도 나타내는 것으로 나타났다. 이 연구 결과는 R이 호주에 살고 있는 동안에는 모국어와 제2언어 학습메커니즘 두 기능 모두를 사용한다는 것을 보여 주고, 그 반면에 한국에 살고 있는 동안에는 모국어 학습메커니즘 만을 사용한다는 것을 보여 주고 있다. 이러한 결과는 모국어와 제2언어 학습메커니즘이 기본적으로는 서로 다르지 않다는 것을 보여 주고 있다. 왜냐하면 한 어린이가 서로 다른 두 언어 환경에 따라 발달 과정이 퇴보하였다 진보하였다 하는 특성을 보여 주기 때문이다.

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의약품 자료독점제도의 국가별 현황과 국내 제도의 발전방향 (Pharmaceutical Data Exclusivity - Comparative Study and Future Direction in Korea)

  • 박실비아
    • Journal of Pharmaceutical Investigation
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    • 제39권4호
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    • pp.299-307
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    • 2009
  • Data exclusivity is one of the most important intellectual property rights of pharmaceuticals. During data exclusivity period, third parties are prohibited from relying on the data which the original company has submitted to regulatory authority for drug application. I investigated data exclusivity systems for pharmaceuticals in the US, EU, Canada and Korea. New chemical entities were usually given the longest periods of data exclusivity compared to drugs with new indication or new formulation, although the protection periods varied by country. For new drugs to be entitled to a data exclusivity, strict conditions should be met. Data exclusivity has also been provided as an incentive to promote clinical investigation and drug development for pediatric population or orphan diseases. In Korea, data exclusivity was adopted in 1995 as an additive provision to "drug re-examination" which is to investigate post-marketing safety information of new drugs. It was introduced with few discussion on the purposes or effects of data exclusivity on pharmaceutical industry and pharmaceutical market in this country. I found that Korea's data exclusivity system falls short of considerations on valuing innovation of pharmaceutical research. It is necessary to improve data exclusivity system in order to promote innovative pharmaceutical development and to balance intellectual property rights protection and access to drugs in this country.

Performance assessment of advanced hollow RC bridge column sections

  • Kim, T.H.;Kim, H.Y.;Lee, S.H.;Lee, J.H.;Shin, H.M.
    • Computers and Concrete
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    • 제16권5호
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    • pp.703-722
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    • 2015
  • This study investigates the performance of advanced hollow reinforced concrete (RC) bridge column sections with triangular reinforcement details. Hollow column sections are based on economic considerations of cost savings associated with reduced material and design moments, as against increased construction complexity, and hence increased labor costs. The proposed innovative reinforcement details are economically feasible and rational, and facilitate shorter construction periods. We tested a model of advanced hollow column sections under quasi-static monotonic loading. The results showed that the proposed triangular reinforcement details were equal to the existing reinforcement details, in terms of the required performance. We used a computer program, Reinforced Concrete Analysis in Higher Evaluation System Technology (RCAHEST), for analysis of the RC structures; and adopted a modified lateral confining effect model for the advanced hollow bridge column sections. Our study documents the testing of hollow RC bridge column sections with innovative reinforcement details, and presents conclusions based on the experimental and analytical findings. Additional full-scale experimental research is needed to refine and confirm the design details, especially for the actual detailing employed in the field.

Temperature, Photoperiod and Illumination for Mating of the European Bumblebee, Bombus terrersis

  • Yoon, Hyung-Joo;Kim, Sam-Eun;Lee, Kyeong-Yong;Leex, Samg-Beom;Park, In-Gyun;Choi, Kyung
    • International Journal of Industrial Entomology and Biomaterials
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    • 제16권2호
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    • pp.101-107
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    • 2008
  • To improve mating rate of the bumblebee, Bombus terrestris, temperature, photoperiod and illumination during mating periods favorable for B. terrestris were investigated. The mating rate of queen mated at $19^{\circ}C$ was 92.1%, which was 2.1-5.9% higher than that of $22^{\circ}C$ and $25^{\circ}C$. $19^{\circ}C$ was more effective than at $22^{\circ}C$ and $25^{\circ}C$ in death rate during mating periods. The survival rate after hibernation of queen mated at $19^{\circ}C$ was 3.0-17.7% higher than that of $22^{\circ}C$ and $25^{\circ}C$. At the photoperiod regimes during mating periods, queen mated at 14 L was more effective than 12 L and 16 L in death rate during mating, survival rate after hibernation, and egg-characteristics. In case of illumination during mating periods, intensity of over 1000 lux was suitable for mating B. terrestris queen in colony development. Therefore, we supposed that mating temperature favorable for B. terrestris was $19^{\circ}C$ and photoperiod for mating was 14 L, and illumination was over 1000 lux.

노화억제 식물을 이용한 노인식 개발 - 녹차를 이용한 보리죽의 제조조건의 최적화 - (Development of Elderly Diet Using Inhibitory Plant Against Aging Process - Optimization for preparation conditions of Barley gruel with Green Tea -)

  • 박윤정;오지은;이종미
    • 한국식생활문화학회지
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    • 제16권2호
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    • pp.170-179
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    • 2001
  • Green Tea consists of 15-30% catechins (a type of polyphenol), which act as super antioxidants, inhibitory action against aging process. Antioxidants fight radical-free oxygen, an agent which can begin the process of cancer by damaging essential body chemicals and harming DNA. This study was peformed to develop the elderly diet using Green Tea as an inhibitory action against aging process. Nokchaborijook (Baley gruel added rice powder and Green Tea) was manufactured by various levels of Green Tea(1, 4, 7%) and the grinding period(15, 30, 45 sec). The optimum levels of added Green Tea and grinding periods on Nokchaborijook were determined with the results of sensory evaluation by response surface methodology and analysis of composition. The Anti-oxidant Vitamin A, C, E and Flavonoid were increased with increased levels of Green Tea and grinding periods be decreased. As the levels of Green Tea and grinding periods were increased, the green color and penetrated force became stronger. Among the sensory attributes, Bitterness, Green Tea Flavor and Hashness were greater depending on increasing Green Tea. Jujube flavor was greater relying on decreasing Green Tea. Greenness and spreadability of particles were increased as both the amounts of Green Tea and the grinding period were increased. This result was used to determine the optimum conditions of adding levels of Green Tea and grinding periods. The optimum conditions of Nokchaborijook was established as adding of 5.8% Green Tea grinded for 15 seconds.

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관성항법장치의 동적오차 개선을 위한 링레이저 각진동 신호의 이중 복조방법 (Double Demodulation of a Ring Laser Dither Signal for Reducing the Dynamic Error of an Inertial Navigation System)

  • 심규민
    • 한국항공우주학회지
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    • 제42권1호
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    • pp.82-89
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    • 2014
  • 본 논문에서는 공진기 각진동에 의한 출력을 제거하기 위하여 복조방법을 사용하는 링레이저 자이로의 시간 양자화 오차를 감소시키기 위한 방법을 논의하였다. 링레이저 자이로에는 맥놀이 주파수를 검출하는 과정에서 발생하는 각도 양자화오차와 lock-in 현상을 해결하기 위하여 변조한 각진동을 출력으로부터 복조하는 과정에서 발생하는 시간 양자화오차가 있다. 시간 양자화 오차는 링레이저 자이로의 샘플링 주기가 자이로 각진동 주기에 동기된 복조방법을 사용하기 때문에 발생한다. 일반적으로 자이로 각진동 주기는 항법계산 주기에 비하여 길기 때문에, 탑재체의 자세를 빠른 속도로 업데이트 해야만 하는 고기동 환경에서는 시간양자화 오차에 의한 항법오차가 발생된다. 본 논문에서는 이러한 샘플링 시간 양자화오차를 줄이기 위하여 이중 복조방법을 제안하고, 시뮬레이션을 통하여 동적환경에서의 오차 감소현상을 확인하였다.