• Title/Summary/Keyword: Empirical Review

Search Result 2,106, Processing Time 0.029 seconds

The Effectiveness of Capital Controls and Macroprudential Measures

  • JUNYONG LEE;KYOUNGHUN LEE;FREDERICK DONGCHUHL OH
    • KDI Journal of Economic Policy
    • /
    • v.45 no.4
    • /
    • pp.1-22
    • /
    • 2023
  • We review the literature on the effectiveness of capital controls and macroprudential measures. First, we explain the purposes and examples of capital controls and macroprudential policies. We then analyze various theoretical models and empirical findings from prior studies that investigate the effectiveness of each instrument. Moreover, we review several studies that directly compare the two instruments and discuss whether policymakers should implement capital controls or macroprudential measures to overcome financial crises. Finally, based on a discussion of the findings of previous studies, we suggest several possible avenues for future research.

An Integrative Literature Review of Job Crafting: Focused on Empirical Studies in South Korea (잡 크래프팅에 관한 통합적 문헌 고찰: 국내 양적연구를 중심으로)

  • Kim, Minji;Park, Yongho
    • The Journal of the Korea Contents Association
    • /
    • v.19 no.11
    • /
    • pp.234-246
    • /
    • 2019
  • The purpose of this study was to investigate the trends of studying on job crafting in Korea and explore the future direction of studying on job crafting. For this purpose, this study selected KCI indexed 61 empirical studies which are published by end of August 2019. Through the analyzing on these 61 empirical articles on job crafting, this study tried to show the trends about Korean translation of 'job crafting', measurement scale, dimensions, and related variables. The results showed that mostly empirical studies on job crafting have been conducted after 2015. The academic field of those studies are mainly in psychology, human resource development, human resource management and tourism. The study results identified also there are various translated Korean terminology for 'job crafting' in Korean empirical studies. Regarding the measurement scale, the fact that Job Crafting Questionnaire and Job Crafting Scale has been mostly used was found. The results showed that the job crafting has been used equally as independent, dependent, and mediator variables. Finally, the empirical studies on job crafting in Korea have identified 48 predictors and 29 research variables that were predicted by job crafting. Among those variables, several ones have been used as a predictor and a variable which is affected by job crafting based on study settings. Based on the study results, theoretical and practical implications are suggested for future studies.

Prediction of Maximum Liquid-phase Penetration in Diesel Spray: A review

  • No, Soo-Young
    • Journal of ILASS-Korea
    • /
    • v.13 no.3
    • /
    • pp.117-125
    • /
    • 2008
  • The correlations for the prediction of maximum liquid-phase penetration in diesel spray are reviewed in this study. The existing models developed for the prediction of maximum liquid-phase penetration can be categorized as the zero-dimensional (empirical) model, the multi-dimensional model and the other model. The existing zero-dimensional model can be classified into four groups and the existing multidimensional models can be classified into three groups. The other model includes holistic hydraulic and spray model. The maximum liquid-phase penetration is mainly affected by nozzle diameter, fuel volatility, injection pressure, ambient gas pressure, ambient gas density and fuel temperature. In the case of empirical correlations incorporated with spray angle, the predicted results will be different according to the selection of correlation for spray angle. The research for the effect of boiling point temperatures on maximum liquid-phase penetration is required. In the case of multidimensional model, there exist problems of the grid and spray sub-models dependency effects.

  • PDF

An Empirical Study on the Impact of Compliance Program on Trade (전략물자 자율준수제도의 무역에 대한 효과 분석)

  • KIM, Hyun-Jee
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.74
    • /
    • pp.105-124
    • /
    • 2017
  • This study aims to present the effects of the introduction of the Compliance Program in Korea on real trade and its implication by empirical analysis. First, through regression analysis based on the data of the amount of permitted export by CP items (HSK10 units) during the period of 2010-2016 in Korea, it is revealed that the increase in export license of CP enterprises has a relatively greater effect on the increase in total imports by item. Second, since the introduction of the rating system under the optional CP in 2014, the increase in export licenses of CP companies has had a greater impact on the total export growth by items than before. Also, it is analyzed that the increase of export permission of CP companies has a relatively less effect on the increase of total imports by item than that of total exports. The results of this empirical analysis show that CP has a positive effect on exports and imports, but it needs to be supplemented in terms of efficiency.

  • PDF

The Determination of Gasoline Pricing and the Policy Effect of Dereguration (휘발유 가격결정과 유가 자유화정책에 관한 연구)

  • Sonn, Yang-Hoon;Na, In-Gang
    • Environmental and Resource Economics Review
    • /
    • v.11 no.3
    • /
    • pp.493-513
    • /
    • 2002
  • This empirical study analyzed the policy effect of deregulation in oil product prices. To investigate the effect of deregulation, it is tested whether gasoline prices are determined by market power. Also, the role of government in gasoline tax system is investigated. The empirical analysis has been done by using error correction model. The major findings are as follows. First of all, no significant empirical evidence is found to support that the deregulation affects the determination of gasoline prices. Secondly, the short-term CIF elasticity is estimated to be 0.14. This finding implies that if CIF increases 10%, the gasoline prices increase 1.4%. Finally, the investigation on government role in deregulated market shows that the government has still exercise the power of control through the tax system. For example, the government is seemed to increase the gasoline price more than the increase amount caused by the international oil prices and the exchange rates, because of the intention to achieve the internal revenue increases and lead to gasoline conservation.

  • PDF

An Empirical Study of Two-Way Effects on Country Image of KOREA and Corporate Image - A Focus on Chinese Consumer of SAMSUNG Electronics - (한국 국가이미지와 기업이미지간의 상호효과에 대한 실증연구 -삼성전자의 중국소비자를 중심으로-)

  • Lee, Chun-Su;Lee, Jang-Rho;Seo, Min-Kyo
    • International Commerce and Information Review
    • /
    • v.8 no.4
    • /
    • pp.323-341
    • /
    • 2006
  • IThis research meets with empirical results in pursuit of aim as below mentioned. Firstly, it gets a line on two-way effects which have an effect on both (the country image and corporate image) by using the corporate image for the study of the country image. After making an analysis of the empirical test, found out that the corporate image has influence upon the country image significantly. Also found out that the country image has an effect on the corporate image powerfully. Therefore, it effects an inspection of evidence that the country image and corporate image have significantly positive concern, each other. Secondly, it is offering the way to use the culture marketing as grasping the mediating effects, which culture difference has influence upon the country image and the corporate image. The mediating effects show that the country image has influence on the corporate image more as culture difference is bigger.

  • PDF

An Empirical Study on e-Business Competence and Export Performance of the Small and Medium Sized Firms (중소기업의 e-비즈니스 역량 및 수출성과에 관한 연구)

  • Hwang, Kyung-Yun
    • International Commerce and Information Review
    • /
    • v.12 no.3
    • /
    • pp.311-332
    • /
    • 2010
  • This study investigate the effects of environmental and organizational characteristics on e-business competence and the influence of e-business competence on export performance in the small and medium sized firms. The development of the research model is based on the literature of e-business and the empirical studies of information technology competence. The data from the survey was analyzed using Partial Least Squares(PLS). The results from the empirical model suggest that e-business competence is affected by environmental uncertainty and market diversity as well as top management support and learning orientation. And, export performance is enhanced by e-business competence.

  • PDF

Review: Development of Numencal Wave Flume CABMAS-SURF (SUper Roiler Flume for Computer Aided Design of MAritime Structure)

  • Fujima, Koji
    • Proceedings of the Korean Society of Coastal and Ocean Engineers Conference
    • /
    • 2002.08a
    • /
    • pp.1-13
    • /
    • 2002
  • For design of maritime structure, it is necessary to evaluate the effect and stability of the structure against wave action. Laboratory model experiments and their empirical formulas are mainly used to estimate those at present, although empirical formulas have a problem of accuracy and hydraulic experiments of cost and duration. In addition, performance-based design, which may be popularized as a new design concept in the near future, requires much more information than that obtained by empirical formulas and laboratory tests. Thus, numerical simulation may become more important hereafter for structure design. (omitted)

  • PDF

Methodological Challenges of Empirical Studies on Government-Nonprofit Service Delivery: Toward a Dynamic Approach

  • Cho, Sung-Sook
    • Korean System Dynamics Review
    • /
    • v.9 no.1
    • /
    • pp.199-218
    • /
    • 2008
  • Empirical studies have shown that government and human service nonprofit organizations have maintained active partnerships to deliver human services for the past several decades. However, the previous researches on resource dependent government-nonprofit service delivery have revealed serious methodological limitations to adequately demonstrate the dynamic relationship between both sectors over time. Since the dynamics underlying the government-nonprofit service delivery is a complex process, in which multiple factors dynamically interact over time, the assumptions of system dynamics can help improve these methodological drawbacks. This study aims to explore methodological issues and weaknesses observed in empirical studies on resource dependent government-nonprofit service delivery in the United States, and further attempts to provide insights on future research toward a dynamic approach, bringing the assumptions of system dynamics to the challenges of the previous researches.

  • PDF

Dynamic Relationship between Stock Prices and Exchange Rates: Evidence from Nepal

  • Kim, Do-Hyun;Subedi, Shyam;Chung, Sang-Kuck
    • International Area Studies Review
    • /
    • v.20 no.3
    • /
    • pp.123-144
    • /
    • 2016
  • This paper investigates the linkages between returns both in foreign exchange and stock markets, and uncertainties in two markets using daily data for the period of 16 July 2004 to 30 June 2014 in Nepalese economy. Four hypotheses are tested about how uncertainty influences the stock index and exchange rates. From the empirical results, a bivariate EGARCH-M model is the best to explain the volatility in the two markets. There is a negative relationship from the exchange rates return to stock price return. Empirical results do provide strong empirical confirmation that negative effect of stock index uncertainty and positive effect of exchange rates uncertainty on average stock index. GARCH-in-mean variables in AR modeling are significant and shows that there is positive effect of exchange rates uncertainty and negative effect of stock index uncertainty on average exchange rates. Stock index shocks have longer lived effects on uncertainty in the stock market than exchange rates shock have on uncertainly in the foreign exchange market. The effect of the last period's shock, volatility is more sensitive to its own lagged values.