• KDI Journal of Economic Policy
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• v.39 no.1
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• pp.19-40
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• 2017

This paper analyzes the interaction between monetary and macroprudential policies mainly in the context of the non-cooperation among policy authorities. Each policy authority's optimal response is to tighten its policy measures when other authorities' policy measures are loosened. This indicates that the two policies are substitutes for each other. This result still holds when an additional financial stability mandate is assigned to the central bank. The condition for the response functions to converge to a Nash equilibrium state is analyzed along with the speed of convergence, showing that they depend on the authorities' preferences and the number of mandates assigned to policy authorities. If the financial supervisory authority (FSA) assigns greater importance to the output gap or a stronger financial stability mandate is assigned to the central bank (CB), the probability of non-convergence increases and the speed of convergence declines even when the condition of convergence is satisfied. Meanwhile, if the CB considers output stability as an important task, the probability of convergence and the speed of converging to a state of equilibrium are high. Finally, when a single mandate or small number of mandates is/are assigned to each authority, stability is more quickly restored as compared to when many mandates are assigned.

• Nuclear Engineering and Technology
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• v.27 no.6
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• pp.853-858
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• 1995

The initial condition of a core transient should be consistent with real core state for the simulation of the core tansient. The initial xenon distribution, which can not be measured in the core, has a significant effect on the transient with xenon dynamics. In the simulation of the transient starting from non-equilibrium xenon state, the accurate initialization of the non-equilibrium xenon distribution is essential for the prediction of the core transient behavior. In this study, a xenon initialization method to predict the core transient more accurately was developed through the equivalent pre-xenon-oscillation which represents the tenon oscillation before the transient and verified by the application of the simulation for a startup test of Yonggwang Unit 3.

• BMB Reports
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• v.35 no.2
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• pp.143-154
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• 2002

The structural and functional aspects of ervatamin B were studied in solution. Ervatamin B belongs to the $\alpha+\beta$ class of proteins. The intrinsic fluorescence emission maximum of the enzyme was at 350 nm under neutral conditions, and at 355 nm under denaturing conditions. Between pH 1.0-2.5 the enzyme exists in a partially unfolded state with minimum or no tertiary structure, and no proteolytic activity. At still lower pH, the enzyme regains substantial secondary structure, which is predominantly $\beta$-sheet conformation and shows a strong binding to 8-anilino-1-napthalene-sulfonic acid (ANS). In the presence of salt, the enzyme attains a similar state directly from the native state. Under neutral conditions, the enzyme was stable in urea, while the guanidine hydrochloride (GuHCl) induced equilibrium unfolding was cooperative. The GuHCl induced unfolding transition curves at pH 3.0 and 4.0 were non-coincidental, indicating the presence of intermediates in the unfolding pathway. This was substantiated by strong ANS binding that was observed at low concentrations of GuHCl at both pH 3.0 and 4.0. The urea induced transition curves at pH 3.0 were, however, coincidental, but non-cooperative. This indicates that the different structural units of the enzyme unfold in steps through intermediates. This observation is further supported by two emission maxima in ANS binding assay during urea denaturation. Hence, denaturant induced equilibrium unfolding pathway of ervatamin B, which differs from the acid induced unfolding pathway, is not a simple two-state transition but involves intermediates which probably accumulate at different stages of protein folding and hence adds a new dimension to the unfolding pathway of plant proteases of the papain superfamily.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.759-768
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• 2020

The purpose of this study is to assess the state of competition in Nepalese banking over the period from 2010 to 2019. This study employs panel data and a non-structural Panzar-Rosse model to measure the degree of competition in the Nepalese banking industry. The first reduced-form equation is applied to gauge competition, and the second model is used to test the long-run equilibrium in the banking market. The finding reveals that the Nepalese banking market is equilibrium in the long-run. It implies that the factor prices do not affect ROA in the long-run. The result of the H-statistic shows that the Nepalese banking system is operating under the state of perfect competition and is shifted from monopolistic competition to perfect competition. The reduced-form model reveals that the interest income is positive and significantly affected by factor prices. Similarly, the macroeconomic variable GDP growth is positively related to interest income. On the contrary, the bank's specific factors risk and the number of bank branches are inversely associated with the regressand. The outcomes of the study may be advantageous to the policymakers, especially to Nepal Rastra Bank to implement monetary policy and M&A policy for the stability and growth of the financial system of Nepal.

• Journal of Advanced Marine Engineering and Technology
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• v.23 no.4
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• pp.543-551
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• 1999

Diesel engine is a major source of the air pollution. In general the concentrations of these pollu-tants in diesel engine exhaust differ from values calculated assuming chemical equibrium. Thus the detailed chemical mechanisms by which these pollutions form and the kinetic of these process-es are important in determining emission levels. In this study the computer program has been developed to calculate the required thermodynam-ic properties of combustion products(10 spacies) for both equilibrium and non-equilibrium in cylin-der for diesel engines. Nitric oxide emissions are calculated by using the extended Zeldovich Kinet-ic mechanism with a steady state assumption for the N concentration and equilibrium values used for H, O, $O_2$ and OH concentrations. By the results it is confirmed that developed simulations program with the NO prediction model is validated against residual mass fraction combustion index of Wiebe's functions pre-mixed com-bustion ration fuel injection timing.

• Korean Chemical Engineering Research
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• v.57 no.1
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• pp.73-77
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• 2019

Isothermal (vapor + liquid) equilibrium data measurements were undertaken for the binary mixtures of (propylene oxide + 1-pentanol) system at three different temperatures (303.15, 318.15, and 333.15) K. The Peng-Robinson-Stryjek-Vera equation of state (PRSV EOS) was used to correlate the experimental data. The van der Waals one-fluid mixing rule was used for the vapor phase and the Wong-Sandler mixing rule, which incorporates the non-random two liquid (NRTL) model, the universal quasi-chemical (UNIQUAC) model and the Wilson model, was used for the liquid phase. The experimental data were in good agreement with the correlation results.

• Journal of the Korean Institute of Gas
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• v.4 no.4 s.12
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• pp.1-5
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• 2000

Cubic and non-cubic equations of state are used to calculate the vapor-liquid equilibrium(VLE) compositions for liquified natural gas(LNG) containing hydrogen sulfide. Modified Benedict-Web-Robin EOS is chosen as a non-cubic equation of state while Peng-Robinson, Soave-Redlich-Kwong EOS are used for a cubic EOS. Modified Benedict-Web-Robin EOS. showed better predictability than the cubic EOS used for the systems $H_2S/CH_4,\;H_2S/iC_4H_{10},\;H_2S/N_2$. specially for liquid composition.

• Journal of Advanced Marine Engineering and Technology
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• v.29 no.1
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• pp.60-67
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• 2005

Generally. in the molecular dynamics simulations. the Verlet neighboring list algorithm is used for the reduction of a simulation time On the other hand. the application of the Verlet neighboring list forces the time evolution of a simulation system to follow an unrealistic path in a phase space. In equilibrium state, it does not matter with the simulation results because the individual molecule's motion is originally random and any effect due to a small deviation from a real time evolution can be completely ignored. However, if an unsteady state is involved. such a deviation may significantly affect to the results. That is, there is a Possibility that the simulation results Provide ones with any misleading data In this study we evaluated the effect due to the Verlet neighboring list in performing the simulation of a non-equilibrium state and suggested the method to avoid it.

• Journal of Korean Association for Spatial Structures
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• v.19 no.4
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• pp.69-76
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• 2019

A stadium roof that uses the pin-jointed spatial truss system has to be designed by taking into account the unstable phenomenon due to the geometrical non-linearity of the long span. This phenomenon is mainly studied in the single-free-node model (SFN) or double-free-node model (DFN). Unlike the simple SFN model, the more complex DFN model has a higher order of characteristic equations, making analysis of the system's stability complicated. However, various symmetric conditions can allow limited analysis of these problems. Thus, this research looks at the stability of the DFN model which is assumed to be symmetric in shape, and its load and equilibrium state. Its governing system is expressed by nonlinear differential equations to show the double Duffing effect. To investigate the dynamic behavior and characteristics, we normalize the system of the model in terms of space and time. The equilibrium points of the system unloaded or symmetrically loaded are calculated exactly. Furthermore, the stability of these points via the roots of the characteristic equation of a Jacobian matrix are classified.

• Journal of Institute of Control, Robotics and Systems
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• v.10 no.12
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• pp.1148-1154
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• 2004

The goal of this paper is to verity that the gradual reduction of drug dose (GRDD), which has already been shown by authors to be effective for a simplified HIV infection model, still works for a more realistic model. While the simplified HIV infection model does not take into account an helper-independent CTL, the five state nonlinear model proposed by Wodarz describes the dynamics of both helper-dependent and helper-independent CTL in HIV infection. In this paper, it is shown that, by applying GRDD to Wodarz's five state HIV infection model, the state of HIV infected patient converges to that of non-progressor whose immune response is excited so that his symptom would not be developed into AIDS. Roughly speaking, GRDD is 'slow reduction of dose after the maximum dose for a certain period.' It turns out that an equilibrium representing non-progressor is locally asymptotically stable for the most values of drug dosage, which is required to hold in order to apply GRDD. Simulation results establish that GRDD is still considerably effective both for an AIDS patient and a patient who has been on HAART for a long time.