• Title/Summary/Keyword: Exchange Rates

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Adsorption Study on the Radioactive Liquids by Korean Vermiculite (한국산(韓國産) Vermiculite에 의(依)한 방사성동위원소(放射性同位元素) 흡착연구(吸着硏究))

  • Moon, Suc-Hyong
    • The Korean Journal of Nuclear Medicine
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    • v.7 no.1
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    • pp.51-54
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    • 1973
  • The use of ion-exchange resins for the treatment of radioactive wastes has many advantages, but thes eare rather expensive as compared with the Korean vermiculite. The Korean vermiculite has slightly different chemical constituents from the ones produced in other countries, and its physical properties might be applicable to the management of radioactive waste, in a small nuclear installation. The decontaminating effect of Korean vermiculite for the low-level radioactive liquid was investigated. $^{106}Ru,\;^{90}Sr,\;and\;^{137}Cs$ were utilized for the experiments. The removal rates by Korean vermiculite were calculated for $^{106}Ru,\;^{90}Sr\;and\;^{137}Cs$ and the removal rates increased as the weight of vermiculite in the exchange column increased. The decontaminating constants, $K_d$ of the Korean vermiculite for $^{106}Ru,\;^{90}Sr\;and\;^{137}Cs$ were 2.7, 69.3 and 263ml/g respectively. Through the results of experiments, the application of Korean vermiculite column to the treatment of low-level radioactive waste is quite feasible.

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Asymmetric Effects of Global Liquidity Expansion on Foreign Portfolio Inflows, Exchange Rates, and Stock Prices

  • Rhee, Dong-Eun;Yang, Da Young
    • East Asian Economic Review
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    • v.18 no.2
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    • pp.143-161
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    • 2014
  • This paper examines the effects of global liquidity expansion on advanced and emerging economies by using panel VAR methodology. The results show that global liquidity expansion tends to boost economy by increasing GDP growth and stock prices. However, we find that the effects are asymmetric. The effects of global liquidity on GDP and stock prices are greater and more persistent in emerging economies than in liquidity recipient advanced economies. Moreover, global liquidity appreciates emerging economies' exchange rates more persistently than those of advanced economies. Lastly, while global liquidity expansion increases foreign portfolio investment inflows to Asian countries and liquidity recipient advanced economies, there is no evidence for Latin American countries.

Sectoral Price Divergence between Korea and Japan

  • Moon, Seongman
    • East Asian Economic Review
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    • v.20 no.4
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    • pp.493-517
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    • 2016
  • This paper examines the persistent properties of 12 sectoral relative prices between Korea and Japan obtained following the Classification of Individual Consumption according to Purpose (COICOP) over the period of 1985-2016. Applying a new econometric method developed by Pesaran which controls for the cross-section dependence in a panel, we are not able to reject the hypothesis that the sectoral real exchange rates contain a common stochastic trend. On the other hand, the well-known panel unit root tests such as the IPS and LLC tests widely used by previous studies strongly reject the unit root hypothesis. Since the error term of the regression for our panel exhibits significant cross-section dependence, these opposite results justify that the use of the new econometric method is appropriate.

NMR Study of Effects of $MgCl_2$ on the Structural and Dynamical Properties of Yeast Phenylalanyl tRNA

  • Se Won Suh;Byong Seok Choi;Ki Hang Choi;Jin Young Park
    • Bulletin of the Korean Chemical Society
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    • v.13 no.5
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    • pp.517-520
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    • 1992
  • Solvent exchange rates of selected protons were measured by NMR saturation recovery method for yeast $tRNA^{Phe}$, at temperature from 25 to $40^{\circ}C$, in the presence of 0.1 M NaCl and various low levels of added magnesium ion. The exchange rates in zero $Mg^{2+}$ concentration indicate early melting of acceptor stem, D stem, and tertiary structure. Addition of magnesium ion stabilizes the entire D stem more effectively than any other secondary or tertiary interactions.

Predicting Exchange Rates with Modified Elman Network (수정된 엘만신경망을 이용한 외환 예측)

  • Beum-Jo Park
    • Journal of Intelligence and Information Systems
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    • v.3 no.1
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    • pp.47-68
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    • 1997
  • This paper discusses a method of modified Elman network(1990) for nonlinear predictions and its a, pp.ication to forecasting daily exchange rate returns. The method consists of two stages that take advantages of both time domain filter and modified feedback networks. The first stage straightforwardly employs the filtering technique to remove extreme noise. In the second stage neural networks are designed to take the feedback from both hidden-layer units and the deviation of outputs from target values during learning. This combined feedback can be exploited to transfer unconsidered information on errors into the network system and, consequently, would improve predictions. The method a, pp.ars to dominate linear ARMA models and standard dynamic neural networks in one-step-ahead forecasting exchange rate returns.

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Effects on the Fishing Industry of Changes in Foreign Exchange Rates;-The Pass-Through of Exchange Rate Changes to Export Price- (환율변동이 수산업에 미치는 영향;-수출가격에의 전가도를 중심으로-)

  • 박영병;어윤양
    • The Journal of Fisheries Business Administration
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    • v.26 no.2
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    • pp.75-92
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    • 1995
  • This paper tried to estimate the pass - through of exchange rate changes to export price of fishery products using export price function. The results are as follows : 1) The variable of fluctuation of exchange rate of Won(equation omitted) to Yen(equation omitted)(variable E2) is more powerful explanatory variable than that of Won to U.S. dollar to explain the fluctiation of export price of fishery products(varible $P_{t}$)- 2) The variable of fish catches(variable K $P_{t}$) is also found to be a statistically significant varible but that of producer price index is not found. 3) The variable E2 have statistically a more influence on variable $P_{t}$ than variable K $P_{t.}$ 4) The estimation shows us that 1% of fluctuation of variable E2 could result in 0.9978% of fluctuation of variable $P_{t.}$

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Emerging Trends of Financial Markets Integration: Evidence from Pakistan

  • Ahmed, Irfan
    • The Journal of Asian Finance, Economics and Business
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    • v.1 no.1
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    • pp.15-21
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    • 2014
  • This study investigates extensively the integration of various segments of financial markets (i.e. money market, lending and deposit market, exchange rate market, and capital market) both domestically and internationally. Cointegration approach is employed in the study to find out long term relationship among the variables. Data are on a monthly interval for the period spreads over 2001 to 2010. The results show no evidence of cointegration between money market and exchange rate market and between capital market and exchange rate market of Pakistan. On the other hand, international financial markets integration is also investigated and the findings revealed that domestic money market rates of Pakistan and USA are not cointegrated. Whereas, an evidence of cointegration between capital markets of Pakistan and USA is found in this study.

Foreign Exchange Rate Uncertainty in Korea

  • Lee, Seojin
    • East Asian Economic Review
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    • v.24 no.2
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    • pp.165-184
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    • 2020
  • Applying Ismailov and Rossi (2018), I newly construct the Korea FX uncertainty based on the density distribution of historical forecast errors. This uncertainty index properly captures the rare but significant events in the Korean currency market and provides information distinct from other uncertainty measures in recent studies. I show that 1) FX uncertainty arising from unexpected depreciation has a stronger impact on Korea-U.S. exchange rates and that 2) macro variables, such as capital flows or interest rate differentials, have predictive ability regarding Korea FX uncertainty for short horizons. These findings enable us to predict the events of sudden currency crashes and understand the Korea-U.S. exchange rate dynamics.

Uncertainty Analysis of Interzonal Airflow Rates by Tracer Gas Methods (추적가스를 이용한 실간환기량 산정방법에 따른 불확실성 해석)

  • Han, Hwa-Taik;Cho, Seok-Hyo
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.529-534
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    • 2008
  • Interzonal air movements are important to characterize overall ventilation performance of complicated multi-zone buildings. Tracer gas techniques are widely used to measure ventilation rates, ventilation effectiveness, and interzonal air movements. Depending on the number of gases used, they are divided into single and multi tracer gas methods. This paper deals with the comparison of the tracer gas methods in measuring air exchange rate between rooms. Experiments have been conducted in a simple two-room model with known airflow rates. In multi-gas procedure, the concentration decays of two tracer gases, i.e SF6 and R134a are measured after simultaneous injections in each room. The single tracer gas method is also applied by injecting SF6 gas with a time lag between two rooms. The data reduction procedures are developed to obtain the interzonal airflow rate using the matrix inversion, and various data manipulation methods are tested, such as data shift, interpolation, and smoothing. Uncertainty for each airflow rate is investigated depending on the parameters based on the setting values.

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