• 제목/요약/키워드: Interest Stability

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오행기질(五行氣質)의 불균형적(不均衡的) 구조(構造)에 근거(根據)한 체질론(體質論)의 수리학적(數理學的) 분석(分析) (Mathematical Analysis of Constitutional Theory Based on Imbalanced Structure of Five Energy Elements)

  • 허경구;박광석
    • 대한한의학회지
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    • 제33권3호
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    • pp.105-119
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    • 2012
  • Background: In contrast to the increased interest in constitutional medicine evidenced by clinical experiences, there has been no theoretical or mathematical analysis on the stability or number of constitutional types. Objectives: The purpose of the study was to evaluate the stability of possible constitutional types and to find stable constitutional types based on imbalanced structure of five energy elements using mathematical analysis. Methods: For the 120 constitutional types which are possible by the imbalanced combination of five energy elements, vitality, stability and continuity were evaluated mathematically based on mutual activation and suppression between the five energy elements. Results: 10 constitutional types were derived. They had the highest vitality and stability, and they had permanent continuity, never changing their order of imbalanced structure. Conclusions: 10 constitutional types are logical and most reasonable when we classify the body types based on imbalanced structure of five energy elements.

How Competitive and Stable is the Commercial Banking Industry in China after Bank Reforms?

  • PARK, KANG H.
    • KDI Journal of Economic Policy
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    • 제38권1호
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    • pp.53-70
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    • 2016
  • This paper examines market concentration and its effect on competition in the Chinese commercial banking market. This study also investigates how changes in competition have affected the financial stability of Chinese commercial banks. To test the competitive conditions, we obtained the H statistic of the Panzar-Rosse model from a revenue function equation. The degree of financial stability is estimated by the Z-score formula. The Chinese banking industry has become an increasingly less concentrated market with an increased number of banks. Along with a decreased market concentration, competition in the Chinese banking industry has improved moderately. However, its market structure is still far from a competitive market. An individual bank's ability to earn higher markup or charge a higher net interest margin contributes to its financial soundness, although a higher degree of market concentration may have negative effect on the financial stability of the entire banking system.

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지반의 투수성에 따른 제체 침투류의 변화 (Variation of Seepage Line through Embankments by Permeability of Layer)

  • 신진환;이봉직
    • 한국안전학회지
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    • 제11권2호
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    • pp.109-115
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    • 1996
  • The movement of water through a river embankment and its influenced upon the stability of the slope of the embankment are described. The stability of the embankment is depended upon the location of seepage line. As the seepage flow occurs in the embankment, the slope of the embankment loses its stability. Of particular interest is the stability following a rapid change of water level. The variation of seepage line in the embankment model by a fluctuation of water level is discussed. The experimental models were construction with slopes of 1 : 1.5, 1 : 2.0, 1 : 2.5 and the flow velocity was turned from 60cm/sec~90cm/sec. Based on the experimental study, the following conclusions are drawn. 1) When water level is raised, the seepage line of downstream slope Is raised rapidly as flow velocity increases. 2) For the case of permeable layer, the seepage line raised rapidly as compare with impermeable layer when water lever is raised.

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Risk Volatility Measurement: Evidence from Indonesian Stock Market

  • Rahmi, Mustika;Azma, Nurul;Muttaqin, Aminullah Achmad;Jazil, Thuba;Rahman, Mahfuzur
    • The Journal of Asian Finance, Economics and Business
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    • 제3권3호
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    • pp.57-65
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    • 2016
  • The purpose of this paper is to investigate the volatility of both Islamic and conventional stock market in Indonesia with the aim of identifying the most appropriate model for risk management practice. The study considers GARCH as a genre of model to measure the volatility of stock market movement. The results support the view that each model shows specific volatility from both Islamic and conventional stock market in Indonesia. In Islamic stock market, volatility is affected by exchange rate and money supply (M1) but not interest rate as interest is prohibited in Islam. However, interest rate is found as a principal factor that affects volatility of conventional stock market. The outcomes of this paper are of particular significance to policy makers, as it provides guidelines to maintain economic health. Furthermore, the findings may assist practitioners to understand the consequences of macroeconomic factors such as exchange rate, money supply and interest rate, which are very crucial for the market stability of Indonesian stock market. The paper enhances the understanding of stock market volatility and proposes guidelines risk management practices.

Impacts of Bank-Specific and Macroeconomic Risks on Growth and Stability of Islamic and Conventional Banks: An Empirical Analysis from Pakistan

  • REHMAN, Jamshid ur;RASHID, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • 제9권2호
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    • pp.1-14
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    • 2022
  • The implications of bank-specific risks and macroeconomic risks on the growth, profitability, and stability of Islamic and conventional banks are examined and compared in this article. The study also investigates whether corporate governance mitigates the effects of both bank-specific and macroeconomic risks on Islamic and conventional banks' development, profitability, and stability. For the period 2007-2019, we examined a panel data set of 22 banks in Pakistan, including both Islamic and conventional banks. We discovered considerable evidence that both bank-specific risks and macroeconomic risks have negative effects on the growth, profitability, and stability of Pakistani banks using a dynamic panel data estimator, the two-step Generalized Method of Moments (GMM) approach. Furthermore, the findings show that bank-specific and macroeconomic risks have different consequences in both types of banking. The impacts of liquidity risk, operational risk, capital risk, inflation risk, and exchange rate risk are higher for Islamic banks than for conventional banks. Conventional banks, on the other hand, are more vulnerable to credit risk and interest rate risk. Finally, the findings show that good corporate governance reduces the negative consequences of both categories of risks on bank development, profitability, and stability. This is true for Islamic and conventional banks alike.

Separation of Hydrogen-Nitrogen Gas Mixture by PTMSP/PDMS-PEI Composite Membrane

  • Lee, Hyun-Kyung;Kang, Tae-Beom
    • 한국막학회:학술대회논문집
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    • 한국막학회 2004년도 Proceedings of the second conference of aseanian membrane society
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    • pp.148-151
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    • 2004
  • The development of the gas separation processes using polymeric membranes has attracted a great deal of interest during the last two decades. Membrane in this application has to offer an excellent thermal stability, chemical/solvent resistance, and mechanical strength under operating conditions.(omitted)

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The Role of Central Bank Rate on Credit Gap in Indonesia: A Smooth Transition Regression Approach

  • SUHENDRA, Indra;ANWAR, Cep Jandi
    • The Journal of Asian Finance, Economics and Business
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    • 제8권1호
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    • pp.833-840
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    • 2021
  • This paper examines the effect of the interest rate set by Bank Indonesia on financial system stability as measured by the credit gap in Indonesia for quarterly data for the period 1976 Q1 to 2019 Q4. We suppose that the relationship between the Central Bank rate and the credit gap is non-linear. Hence, this study applies a smooth transition regression (STR) model to investigate the relationship between these variables. Our results are: first, by performing STR estimation we obtained a threshold level of Central Bank rate of 2.01. Second, a decrease in the Central Bank rate results in a reduction in the credit gap when the Central Bank rate is above or below the threshold level. The effect of the Central Bank rate is five times greater for the high regime than for the low regime. Third, we find evidence that the effect of the exchange rate, economic growth, inflation, and GDP per capita on the credit gap for the high regime is the opposite of the low regime. We suggest that policymakers need to keep the Central Bank interest rate low and stable so that the role of the bank as a financial intermediary remains stable and conducive to strengthening financial stability.

Effect of Stress, Impulsivity, Peer Attachment and Social Interest on Gambling Behavior

  • JI, Jaehyun;KIM, Minchang;KO, Seokhyun;JUNG, Minhyuk;HAN, Jaepil;SEO, Bo-Kyung
    • 식품보건융합연구
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    • 제7권2호
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    • pp.11-24
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    • 2021
  • This study identified the severity of youth gambling behavior and analyzed the impact of stress, impulsivity, peer attachment and social interest on youth gambling behavior. Based on the results of the study, the government sought to help understand teenagers who are addicted to gambling and to help them maintain psychological and social stability and healthy living. A total of 237 high school students were surveyed. According to the analysis, the prevalence rate was found to be 3.4 percent of the problem gambling group and 9.3 percent of the medium-risk gambling group, and a total of 12.7 percent was addiction. Low-risk gambling groups accounted for 16.9 percent and non-problem gambling groups accounted for 70.5 percent. By gender, male students have more serious gambling problems than female students. As a result of dividing the group that experienced gambling more than once and the group that did not experience gambling into gambling group and non-gambling group, the two groups showed significant differences in impulsiveness, avoidant attachment, and interest in others. Furthermore, a correlation analysis was conducted to examine the relationship between these factors and the level of gambling behavior, showing that only impulsivity was significant.

Effects of Bank Macroeconomic Indicators on the Stability of the Financial System in Indonesia

  • VIPHINDRARTIN, Sebastiana;ARDHANARI, Margaretha;WILANTARI, Regina Niken;SOMAJI, Rafael Purtomo;ARIANTI, Selvi
    • The Journal of Asian Finance, Economics and Business
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    • 제8권1호
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    • pp.647-654
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    • 2021
  • This study examines the non-performing loans of rural banks and macroeconomic factors in Indonesia, including inflation, exchange rates, and interest rates. Theoretically, the existence of erratic macroeconomic conditions can affect the level of non-performing credit risk in rural credit banks in Indonesia. The effect of macroeconomic conditions on non-performing loans has a different response for each economic sector. The main objective of this study is to determine the effect of macroeconomic factors (inflation, exchange rates, and interest rates) and bank-specific factors (credit) on the Non-Performing Loans (NPL) of Rural Banks in Indonesia for the period from January 2015 to December 2018. This study uses a Vector Error Correction Model (VECM) estimation to determine the effect of independent variables consisting of macroeconomic factors and bank-specific factors. Based on the estimation results of the Vector Error Correction Model, three variables that have a positive and significant effect on long-term non-performing loans are credit, inflation, and interest rates. Meanwhile, in the short term, there are only two variables that have a positive and significant effect on non-performing loans, namely, credit and interest rates. Inflation and exchange rate variables have a negative and insignificant effect on bad credit in the short term.