• KDI Journal of Economic Policy
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• v.37 no.4
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• pp.1-20
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• 2015

We examine the validity of popular exchange rate models such as the purchasing power parity (PPP) hypothesis and the monetary model for Korean won/US dollar exchange rate. Various specification tests demonstrate that Korean data are more favorable for both models based on time-varying cointegration coefficients as compared to those based on constant cointegration coefficients. When the abilities to predict future exchange rates between those models based on time-varying cointegration coefficients are compared, an in-sample analysis shows that the time-varying PPP (monetary model) has better predictive power over horizons shorter (longer) than one year. Results from an out-of-sample analysis indicate that the time-varying PPP outperforms models based on constant cointegration coefficients when predicting future exchange rate changes in the long run.

• The Korean Journal of Financial Studies
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• v.9 no.1
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• pp.221-244
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• 2003

This study is aimed to investigate the effects of foreign exchange rates on stock market returns. For the United States, the United Kingdom, Germany, Japan and Korea, the cross-correlation precedence of foreign exchange rate on stock market is found in the case of Germany and Korea. But that of stock market is not observed in any case. We performed three kinds of causality and exogeneity test of Granger test, Sims test and Geweke-Meese-Dent test. The analyses on the full period show the time-lag causal, exogeneous relation of foreign exchange rates with Granger, Sims and GMD test for Korea. The United Kingdom presents the significance with Granger and Sims test while Germany reveals the time-lag relation with Granger and GMD test. When we divide the period into two parts with the Louvre Accord, the first part give the less degree of time-lag relation. But in the second period the three kinds of causality and exogeneity test propose consistent time-lag relation with foreign exchange rates on stock markets for the United Kingdom and Korea with the three test methods. And Granger's test prove German foreign exchange market have a time-lag relation on stock market.

• Fisheries and Aquatic Sciences
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• v.14 no.4
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• pp.421-428
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• 2011

We conducted modeling experiments to evaluate the residence times and exchange rates of seawater in Gamak Bay, located on the southern coast of the Korean Peninsula. The results revealed that pollutants are more quickly dispersed in a fixed grid rather than in a variable grid system. Pollutant concentrations decayed exponentially with time after release near the mouth of the bay, whereas no exponential variations were seen at the northwest end of the bay. The mean exchange rate of the seawater was 1.58% per day in the variable grid system, and the residence time of pollutants was greater than 288 days in Gamak Bay. Conversely, the exchange rate of seawater in Gamak Bay, as revealed by the particle tracking method, was 65% over a 50-day simulation. The results suggest that the seawater exchange in Gamak Bay is so low that pollutants are likely to remain in the bay indefinitely.

• Journal of Korean Society of Occupational and Environmental Hygiene
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• v.18 no.3
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• pp.204-215
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• 2008

Many researches for service-life of chemical cartridges of respirators have been performed in many countries. On the result of these researches a few softwares programs were eventually developed to be used. In spite of that, it is difficult to apply these researches and softwares practically in the work spot because of too many factors that influence on service-life of chemical cartridges. This study was the first of two conducted for the purpose of developing program for estimating exchange period or service-life of chemical cartridges available feasibly in the workplaces. Collecting plan of cartridges discarded after use is in principle that three cartridges from three workers at a time, three steps of 1/2 exchange time due to smelling, just routine exchange time and 1.2 to 1.3 expanded time of routine exchange, total nine cartridges are collected in the same job site. 33 cartridges for organic vapor were collected in paint spray process of ship yard and paint factory, and 6 cartridges for acid were collected in plating process. These cartridges were analysed the remaining breakthrough time in 3M Innovation Center. Challenge vapor and breakthrough concentration were complied with Korean regulation for chemical cartridge respirators. Estimated breakthrough time was determined from previously used time plus breakthrough time for the remaining. Exchange period of cartridge would be the shortest time among three estimated breakthrough times. On the result breakthrough time for organic vapor was found to be relatively easily estimated, but that for acid aerosol or vapor was difficult to be confident. Even though this method was difficult to be precisely predicted exchange period of cartridge, it could be an alternative program practically available in the job site.

• Journal of the Korea Society of Computer and Information
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• v.10 no.5 s.37
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• pp.179-186
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• 2005

This paper describes a genetic algorithm and compares three crossover operators for Rural Postman Problem with Time Windows (RPPTW). The RPPTW which is a multiobjective optimization problem, is an extension of Rural Postman Problem(RPP) in which some service places (located at edge) require service time windows that consist of earliest time and latest time. Hence, RPM is a m띤tieect optimization Problem that has minimal routing cost being serviced within the given time at each service Place. To solve the RPPTW which is a multiobjective optimization problem, we obtain a Pareto-optimal set that the superiority of each objective can not be compared. This Paper performs experiments using three crossovers for 12 randomly generated test problems and compares the results. The crossovers using in this Paper are Partially Matched Exchange(PMX) Order Exchange(OX), and Modified Order Exchange(MOX) which is proposed in this paper. For each test problem, the results show the efficacy of MOX method for RPPTW.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.7 no.4
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• pp.727-732
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• 2006

The object of this study was to investigate the influence of composition and concentration of electrolyte, ratio of cation to anion exchange resin of mixed ion exchange column in the performance of ion exchange. Also this work examined the removal capability of suspended solids by ion exchange resin and the effect of particule on the characteristics of ion exchange. Breakthrough time was extended as the amount of ions and particles present in liquid was decreased. The case of anion, the breakthrough sequence is $Cl^{-}, but the case of cation, the breakthrough sequence is $Na^{+}. As for the ratio of cation to anion exchange resin of 1:2, the breakthrough time was prolonged compared with that of 1:1 and 1:3. For the electrolyte of equal concentration containing suspended solid, breakthrough time was contracted less than 20%. It results in the increase in the removal capacity of cation exchange resin. For the higher ratio of cation exchange resin, suspended solids are shorten the cation's breakthrough time so that the runtime of ion exchange resin tower is increased.

• Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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• 1995.05a
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• pp.73-76
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• 1995

In this study, the slab waveguide was fabricated using potassium-nitride(KNO$_3$) or silver-nitride (AgNO$_3$) molten sources by ion-exchange process. The effective refractive indices of waveguide were measured by Prism-Coupling method. and The characteristics of waveguide(mode dispersion, effective diffusion depth. surface refractive index, diffusion coefficient, and refractive index profile etc,) were investigated by WKB method, In the case of potassium ion-exchange, the computer calculation showed that the refractive index profile of waveguide followed Gaussian function, the surface refractive index increased with ion-exchange time and the effective diffusion depth increased a little as ion-exchange time increased, while the surface refractive index of silver ion-exchanged waveguide decreased with ion-exchange time because of the ion depletion on the surface of waveguide, and the effective diffusion depth seriously with ion-exchange tim. Double ion-exchanged waveguide was fabricated by performing silver ion-exchange after potassium ion-exchange. Double ion-exchanged waveguide had a tight mode binding force since the surface refractive index was larger than single step ion-exchanged waveguide.

• International Commerce and Information Review
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• v.7 no.3
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• pp.269-286
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• 2005

The exchange rate volatility has been increased since the time when the floating exchange rate system was introduced in Korea. As a result, the increase of the exchange rate volatility raised the risk in international trades in Korea. The purpose of this study in to study the feature of exchange rate volatility and the main sources of its increase and to confirm whether the exchange rate volatility influence export volume and price of Korea. In the first place, I measured exchange rate volatility with two methods. The one is descriptive statistic method such as the width of daily exchange rate fluctuation and the rate of exchange rate devaluation. The other is the time varying conditional variance of exchange rate. Then, I studied the sources of exchange rate volatility. In the second place, I defined the exchange rate volatility as the time varying conditional variance and estimated it by using elastic a approach model which shows exchange rate is affected by itself and its conditional variance, I estimated its effects on export volumes and prices of electric home appliances, information & communication equal and semi-conductor. The result of this study is as follows. With presumed result EU and Korea because is not the goods which is to substantial competition relationship, The effect where the relative value change of presumed result expression anger and the dollar of import and export function goes mad to the import and export of Korea the income compared to is to export and it is appearing a lot. The EU goods is sold more expensively the Korean goods than from about length being caused by American market of the dollar and the balance of trade of Korea is visible like being visible the improvement of single breadth. Because the relationship of competition is weak but substantially there is to a short term and expression - the effect where the dollar rate fluctuation is big in Korean trade there is a possibility of saying that widely known it is not.

• International Journal of Internet, Broadcasting and Communication
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• v.12 no.3
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• pp.125-130
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• 2020

At the end of 1997, the volatility of the exchange rate intensified as the nation's exchange rate system was converted into a free-floating exchange rate system. As a result, managing the exchange rate is becoming a very important task, and the need for forecasting the exchange rate is growing. The exchange rate prediction model using the existing exchange rate prediction method, statistical technique, cannot find a nonlinear pattern of the time series variable, and it is difficult to analyze the time series with the variability cluster phenomenon. And as the number of variables to be analyzed increases, the number of parameters to be estimated increases, and it is not easy to interpret the meaning of the estimated coefficients. Accordingly, the exchange rate prediction model using artificial neural network, rather than statistical technique, is presented. Using DNN, which is the basis of deep learning among artificial neural networks, and LSTM, a recurrent neural network model, the number of hidden layers, neurons, and activation function changes of each model found the optimal exchange rate prediction model. The study found that although there were model differences, LSTM models performed better than DNN models and performed best when the activation function was Tanh.

• Journal of the Institute of Convergence Signal Processing
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• v.9 no.2
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• pp.154-158
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• 2008

Autonomous business card exchange system using ZigBee with low power and short range was configured In the autonomous business card exchange system characterized as full mesh network in which every node exchanges each information one by one, it is necessary to reduce the time taken for information to be exchanged. In this paper, the novel method where the node ID is exchanged based on CSMA/CA and then the information of each node is broadcast to other nodes according to the ID list based on FIFO. The time required for exchanging information using the proposed method was analyzed and compared with the direct exchange method based on CSMA/CA. The results show that it takes less time in the proposed method than the direct exchange time.