• Title/Summary/Keyword: Independence

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Monetary Policy Independence during Reversal Phases of Domestic-Foreign Interest Rate Differentials

  • Kyunghun Kim
    • East Asian Economic Review
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    • v.28 no.2
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    • pp.221-244
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    • 2024
  • This study examines how the independence of monetary policy changes in situations where the interest rate differential between domestic and foreign rates inverts, utilizing the trilemma indices. For analysis, this paper uses the trilemma indices developed by Kim et al. (2017) to analyze the relationship between the monetary policy independence index and the other two trilemma indices, namely the capital account openness index and the exchange rate stability index, across 45 countries from 2002 to 2018. The analysis reveals that the trilemma's validity is contingent. In particular, no statistically significant negative correlation was found between the monetary policy independence index and exchange rate stability index during periods of interest rate differential inversion. A positive correlation emerges between exchange rate stability and the independence of monetary policy, particularly when the inverted interest rate differential exceeds a certain threshold. This situation, where the exchange rate remains stable despite low domestic interest rates, implies that the central bank is effectively managing monetary policy to appropriately respond to economic conditions, which is reflected in the monetary policy independence index.

A Simple Nonparametric Test of Complete Independence

  • Park, Cheol-Yong
    • Communications for Statistical Applications and Methods
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    • v.5 no.2
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    • pp.411-416
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    • 1998
  • A simple nonparametric test of complete or total independence is suggested for continuous multivariate distributions. This procedure first discretizes the original variables based on their order statistics, and then tests the hypothesis of complete independence for the resulting contingency table. Under the hypothesis of independence, the chi-squared test statistic has an asymptotic chi-squared distribution. We present a simulation study to illustrate the accuracy in finite samples of the limiting distribution of the test statistic. We compare our method to another nonparametric test of complete independence via a simulation study. Finally, we apply our method to the residuals from a real data set.

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CONSENSUS N-TREES AND REMOVAL INDEPENDENCE

  • Powers, R.C.
    • Journal of the Korean Mathematical Society
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    • v.37 no.3
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    • pp.473-490
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    • 2000
  • Removal independence is a translation of Arrow's axiom of independence of irrelevant alternatives for social welfare functions to an axiom about consensus functions involving n-trees. It is shown that a consensus function is removal independent if and only if it is expressible as th union of three types of functions.

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The Effect of Functional Independence in Long Term Care Elderly People on the Mental and Health factor (정신 및 건강요인이 장기요양 노인의 기능적 독립성에 미치는 영향)

  • Shin, Hong-Cheul;Kang, Jeong-Il;Lee, Kyoung-Hwa
    • Journal of Korean Physical Therapy Science
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    • v.15 no.1
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    • pp.47-56
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    • 2008
  • The purpose of this study was to seek for a performance level of functional independence of the long term care elderly people. This study questionnaires 160 elders with 80 in a large city and 80 in small-to-medium sized city in order to find out the functional independence of elderly people. The results of this study were as follows. 1. Functional independence level following health factor; The comparison of degrees of functional independence level between two groups showed significant difference in sanitation, drinking and smoking, eating habit, chronic disease, physical activities, and regular physical examination(P<.05). But the comparison between two groups was not showed significant difference in present treatment, regular exercise. 2. Functional independence level following Psychological factor; The comparison of degrees of functional independence level between two groups showed significant difference in health evaluation(P<.05). But the comparison between two groups was not showed significant difference in quality of life. In conclusion it is needed that stable housing, much physical activities, and diversified family members should be realized and stable livelihood security recipients to maintain and improve health of the aged and to be socially satisfied.

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The comparison of functional independence in stroke patients according to the social and envitonment factor (사회 및 환경요인에 따른 뇌졸중 환자의 기능적 독립성 비교)

  • Shin, Hong-Cheul;Kang, Jeong-Il
    • PNF and Movement
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    • v.8 no.2
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    • pp.37-46
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    • 2010
  • Purpose : The purpose of this study was to investigate the performance level of functional independence of the stroke patient. Methods : In order to find out the functional independence of stroke patient, 160 peoples, 80 peoples in a large city and 80 peoples in small-to-medium sized city, were questioned. Result : The results of this study were as follows: 1. Functional independence level due to social factor; The comparison of functional independence level between two groups showed significant difference in educational level, religion, family member, vocation, and medical fees(P<.05). However, the two groups did not show significant difference in spouse. 2. Functional independence level due to environment factor; The comparison of functional independence level between two groups showed significant difference in place of residence and residental environment(P<.05). However, each group did not show significant difference. Conclusion : These results suggest that realization of stable housing, educational level, various physical activities, and diversified family members is essential. Also, stable environment and social satisfaction are needed to maintain and improve the health of patient.

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Independence Condition in the Repeated Randomized Response Models (반복시행된 확률화 응답(RRD) 모형의 독립조건)

  • Lee Kwan J.;Kook Sejeong
    • Proceedings of the Korean Statistical Society Conference
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    • 2000.11a
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    • pp.33-38
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    • 2000
  • Krishnamoorphy and Raghavarao(1993) invented exact binomial and asymptotically normal test procedures for truthful answering in the repeated randomized response models under the assumption that two repeated response measures are independent. Under the same assumption, Lakshmi and Raghavarao(1992) suggested asymptotic chi-square test for respondents' truthful answering in the same models. In this article we detect the factors and the conditions with which two response variables might be independent, and find the condition for independence in the repeated randomized response models with considering untruthful answer. But, the condition of independence make the randomized model no meaning. Under the assumption of conditional independence between two response variables, we can apply the same logical statements on deriving the tests for truthful answering in the repeated randomized response models as in Krishnamoorphy and Raghavarao(1993).

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Independence of SCI patients after HALLIWICK hydrotherapy method - A Case report - (수중치료후 척수손상 환자의 독립 - 증례 보고 -)

  • Kim, Chi-Hyok;Kim, Yong-Kwon
    • Journal of Korean Physical Therapy Science
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    • v.6 no.4
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    • pp.241-249
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    • 1999
  • One of the major purpose of rehabilitation program is for the individual to achieve independence. That means independence from family members, independence from friends, and independence from rehabilitation team. An independent attitude is essential for autonomous functioning. Unless a disabled person is motivated to function independently, he will never do so. 3) Hydrotherapy, HALLIWICK method was applied to SCI patient. Especially, metacentric effect, density, buoyancy and breathing control are very very important theory.

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Psychological Independence of Adolescents : Influences of Mothers' Attachment Experience, Psychological Control Behavior, and Adolescents' Attachment (어머니의 애착경험 및 심리적 통제행동과 어머니에 대한 청소년의 애착이 청소년의 심리적 독립성에 미치는 영향)

  • Lee, Ji-In;Park, Seong-Yeon
    • Korean Journal of Child Studies
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    • v.29 no.3
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    • pp.175-189
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    • 2008
  • This study examined influences of mothers' attachment experience and separation-anxious psychological control and of adolescents' attachment on adolescents' psychological independence. Participants were 302 high school students (106 boys; 196 girls) and their mothers. Data were collected via questionnaires. Data analyses were by Pearson's correlation and Hierarchical Multiple Regression. Results showed that 1) Mothers' attachment experience with their mothers was positively related to girls' attachment to their mothers; mothers' separation-anxious psychological control was negatively related to adolescents' attachment. 2) Adolescents' attachment to their mothers predicted their emotional and functional psychological independence negatively. 3) Mothers' psychological control was negatively related to functional independence of boys but positively related to emotional independence of both boys and girls.

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Comparison of Functional Independence among Community-dwelling Older Adults in Rural Areas in South Korea and the United States

  • Lee, Jia
    • Korean Journal of Adult Nursing
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    • v.24 no.5
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    • pp.540-545
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    • 2012
  • Purpose: The purpose of the study was to compare level of functional independence and its correlates among community-dwelling older adults in rural areas between South Korea and the United Sates. Methods: The study employed a comparative and correlational design. Data were collected from 198 community-dwelling older adults in rural areas (South Korea=100, & US = 98). Functional independence, cognitive function, obesity and general characteristics were measured. Results: From both countries, approximately fifteen percent of older adults living independently had cognitive problems without any treatments. Among Korean older adults functional independence was associated with a number of chronic diseases and aging while in the United States the participants had a negative correlation with obesity and aging. Conclusion: For Korean older adults in rural areas, nurses should focus on monitoring older adults' abilities to manage chronic illness and designing self-management programs while in the United States the focus should be on healthy lifestyle programs about exercise and diet to increase functional independence.

Comparing the empirical powers of several independence tests in generalized FGM family

  • Zargar, M.;Jabbari, H.;Amini, M.
    • Communications for Statistical Applications and Methods
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    • v.23 no.3
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    • pp.215-230
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    • 2016
  • The powers of some tests for independence hypothesis against positive (negative) quadrant dependence in generalized Farlie-Gumbel-Morgenstern distribution are compared graphically by simulation. Some of these tests are usual linear rank tests of independence. Two other possible rank tests of independence are locally most powerful rank test and a powerful nonparametric test based on the $Cram{\acute{e}}r-von$ Mises statistic. We also evaluate the empirical power of the class of distribution-free tests proposed by Kochar and Gupta (1987) based on the asymptotic distribution of a U-statistic and the test statistic proposed by $G{\ddot{u}}ven$ and Kotz (2008) in generalized Farlie-Gumbel-Morgenstern distribution. Tests of independence are also compared for sample sizes n = 20, 30, 50, empirically. Finally, we apply two examples to illustrate the results.