• Title/Summary/Keyword: Open cycle

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How to Recover From the Great Recession: The Case of a Two-Sector Small Open Economy with Traded and Non-Traded Capital

  • Jeon, Jong-Kyou
    • East Asian Economic Review
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    • v.17 no.2
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    • pp.161-206
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    • 2013
  • Since the global financial crisis in 2008, the world economy has been suffering from the Great Recession characterized by high and persistent unemployment as well as drastic fall in asset prices. Real business cycle theory or new-Keynesian economics which has been the dominant paradigm in macroeconomics for the last four decades is unable to explain the high and persistent unemployment during the Great Recession. This implies that the economics of Keynes should be taken seriously again as a tool to explain the Great Recession. Farmer (2012) proposes a new way of interpreting the economics of Keynes by providing it with a solid micro-foundation based on labor markets with search. According to Farmer (2012), aggregate economic activity independently depends on the long-term self-fulfilling expectations about the stock prices. As a consequence, the government or the central bank should implement a policy that influences the public's confidence about the stock market. For an open economy like the Korean economy, it is not only stock price but also the price of asset such as house that matters more for the aggregate economic activity. Households in the Korean economy hold more than 70 percent of their wealth in the form of real estate asset, especially housing asset. This makes the public's confidence about the future prices of houses even more important in explaining the business cycles of the Korean economy. Policymakers should implement policies to improve the confidence of households about the housing market to recover from the recession caused by a fall in house prices. Little theoretical work has been done in explaining fluctuations in the aggregate economic activity from the point of house prices. This paper develops a small open economy model with traded and non-traded capital based on Farmer (2012) and shows that the aggregate economic activity also independently depends on the households' self-fulfilling expectations about the future prices of non-traded asset such as houses.

Lean Burn Characteristics in a Heavy Duty Liquid Phase LPG Injection SI Engine (대형 액상분사식 LPG 엔진의 희박연소특성에 관한 연구)

  • O, Seung-Muk;Kim, Chang-Eop;Lee, Jin-Uk;Kim, Chang-Gi;Gang, Geon-Yong;Bae, Chung-Sik
    • 연구논문집
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    • s.33
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    • pp.5-16
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    • 2003
  • Fuel distribution, combustion, and flame propagation characteristics of heavy duty engine with the liquid phase LPG injection(LPLI) were studied in a single cylinder engine. Optically accessible single cylinder engine and laser diagnostics system were built for quantifying fuel concentration by acetone PLIF(planar laser induced fluorescence) measurements. In case of Otto cycle engine with large bore size, the engine knock and thermal stress of exhaust manifold are so critical that lean burn operation is needed to reduce the problems. It is generally known that fuel stratification is one of the key technologies to extend the lean misfire limit. The formation of rich mixture in the spark plug vicinity was achieved by open valve injection. With higher swirl strength(Rs=3.4) and open valve injection, the cloud of fuel followed the flow direction and the radial air/fuel mixing was limited by strong swirl flow. It was expected that axial stratification was maintained with open-valve injection if the radial component of the swirling motion was stronger than the axial components. The axial fuel stratification and concentration were sensitive to fuel injection timing in case of Rs=3.4 while those were relatively independent of the injection timing in case of Rs2.3. Thus, strong swirl flow could promote desirable axial fuel stratification and, in result, may make flame propagation stable in the early stage of combustion.

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A Study on the Effect of Electrolyte Additives on Zn Electrode with Pb3O4 in Zn-AgO Secondary Battery System (Zn-AgO 이차 전지에서 Pb3O4가 첨가된 아연 전극에 미치는 전해질 첨가제의 영향에 관한 연구)

  • Park, Kyung-Wha;Moon, Kyung-Man
    • Journal of the Korean Electrochemical Society
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    • v.6 no.4
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    • pp.242-249
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    • 2003
  • Zn electrode was widely used as an anode material in alkaline battery systems in highly concentrated KOH electrolyte, however it was well known that its cycle life is significantly shortened by growth of dendrite due to the high dissolution of $Zn(OH)_2$ and rapid electrochemical reaction. In this study when by the additives such as $Ca(OH)_2$, Citrate, tartrate and Gluconate were added to $40\%$ KOH electrolyte at solution temperature of $25^{\circ}C$ and the amount of $5wt\%\;Pb_3O_4$ was mixed to Zn electrode and then the effect of $Pb_3O_4$ and additives on the electrochemical behavior of Zn electrode was investigated by Potentiodynamic Polarization Curves, Cyclic Voltammetry, Accelerated Life Cycle lest, and SEM image analyses. The addition of $Pb_3O_4$ reduced the corrosion rate of Zn electrode. The corrosion potential of Zn electrode with $Pb_3O_4$ was higher or lower than that of pure Zn electrode however was not influenced practically to the open circuit voltage. And the addition of 4 type additives had an important role in improving both cycle life in accelerated cycle life test and corrosion resistance. Furthermore the additive of Tartrate indicated comparatively a good effect to corrosion resistance as well as charging-discharging property Improvement among those four type additives.

Development Trend of Korean Staged Combustion Cycle Rocket Engine (한국형 다단연소사이클 로켓엔진 개발 동향)

  • Kim, Chae-hyoung;Han, Yeoung Min;Cho, Namkyung;Kim, Seung-Han;Yu, Byungil;Lee, Kwang-Jin;So, Younseok;Woo, Seongphil;Im, Ji-Hyuk;Hwang, Chang Hwan;Lee, Jungho;Kim, Jin-han
    • Journal of the Korean Society of Propulsion Engineers
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    • v.22 no.3
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    • pp.109-118
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    • 2018
  • Korea Aerospace Research Institute has developed a staged combustion cycle rocket (SCCR) engine with high specific impulse to send a 3-ton class satellite into geostationary orbit while conducting a Korean Space Launch Vehicle (KSLV) II project. The SCCR engine is different from the KSLV-II engine, which is an open cycle engine using a gas-generator. The SCCR engine with a closed cycle engine is composed of a pre-burner, a turbo pump, and a main combustor. The technology demonstration model (TDM0) was assembled and tested in the 7ton-class engine combustion test facility of Naro Space Center, and the combustion test was successfully conducted.

Participation in Housework Among 30-Somethings: A Latent Class Analysis (잠재계층분석을 통한 30대의 가사노동 참여 유형화)

  • Lee, hyunah;Kwon, Soonbum
    • Journal of Family Resource Management and Policy Review
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    • v.27 no.3
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    • pp.67-75
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    • 2023
  • This study will examine the changing nature of housework by analyzing participation in domestic work among 30-somethings according to generational and life cycle characteristics. To this end, 2,687 men and women in their 30s were taken from the 2020 Family Status Survey data, and a latent class analysis was conducted to categorize their participation in housework. The subjects were categorized into three groups: overall non-participation (18.05%), overall participation (59.96%), and intensive cleaning participation (21.99%). Gender, employment status, family life cycle, and attitudes about gender roles were significantly related to participation in housework. Men were more likely to be in the overall non-participation group, while women were more likely to be in the overall participation group. Individuals in the pre-formative period of the family life cycle were more likely to be in the overall non-participation group, while those in the formative and expanding periods were more likely to be in the overall participation group. The results of this study suggest that gender inequality in housework is common in the younger generation; the results also show that, in the same generation, individual participation in housework differs according to family life cycle.

Factors of Healthy Lifestyle by Life Cycle According to the Characteristics of Single-Person Households (1인가구의 특성에 따른 생애주기별 건강성 결정요인)

  • Seo, Jiwon;Song, Hyerim;Kim, Jung Eun;Park, Jeongyun
    • Journal of Family Resource Management and Policy Review
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    • v.28 no.1
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    • pp.13-25
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    • 2024
  • The rate of single-person households has been increasing all over the world, and there has been a particularly rapid increase in them in Korea. Single-person households show unique and various characteristics related to the reasons for becoming a single-person household, gender, life cycle, and so on. Thus, research needs to focus on the specific groups of single-person households in order to provide tailored policies and programs. This study segmented single-person households in three groups based on life cycle: young, middle-aged, and older adults. Differences in the level of healthy lifestyle, as well as factors affecting that, were investigated according to the groups. The data were collected in 2022, with 237 respondents from single-person households in Kimpo. Descriptive statistics, t-test, ANOVA, and multiple regression analysis were conducted. The overall level of healthy lifestyle was found to be significantly higher for young adults compared to older adults. Results from multiple regression show that significant factors related to the healthy lifestyle of single-person households were gender, educational attainment, whether becoming a single-person household was voluntary, and whether the respondents had experienced discrimination as a single-person household. Significant factors differed by the sub-categories of the healthy lifestyle scale. This study has implications related to discovering differences in the level of healthy lifestyles of single-person households through examining the factors affecting it according to life cycle.

The Role of the Electroglottography on the Laryngeal Articulation of Speech (전기 Glottography(EGG)를 이용한 후두구음역학적 특성)

  • 홍기환;박병암;양윤수;서수영;김현기
    • Journal of the Korean Society of Laryngology, Phoniatrics and Logopedics
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    • v.8 no.1
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    • pp.18-26
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    • 1997
  • There are two types of phonetic study, acoustic and physiologic, for differentiating the three manner categories of Korean stop consonants. On the physiologic studies, there are endoscopic, electromyographic(EMG), electroglottographic(EGG) and aerodynamic studies. In this study, I tried to investigate general features of Korean stops using EGG study for the open quotient of vocal fold and baseline shift during speech, and aerodynamic characteristics for e subglottal air pressure, air flow and glottal resistance at consonants. On the aerodynamic study, the glottalized and aspirated stops may be characterized by e increasing subglottal pressure comparing with lenis stop at consonants. The airflow is largest in the aspirated stops followed by lenis stops and glottalized. The glottal airway resistance (GAR) showed highest in the glottalized followed by the lenis, but lowest in e aspirated during e production of consonants, and showed highest in e aspirated, but low in the glottalized and lenis during the production of vowel. The glottal resistance at consonant showed significant difference among consonants and significant interaction between subject and types of consonant. The glottal resistance at vowel showed significant difference among consonants, and e interaction occured between subject and types of consonant. The electroglottography(EGG) has been used for investigating e functioning of e vocal folds during its vibration. The EGG should be related to the patterns of the vocal fold vibration during phonation in characterizing the temporal patterns of each vibratory cycle. The purpose of this study is to investigate the dynamic change of EGG waveforms during continuous speech. The dynamic changes of EGG waveforms fir the three-way distinction of Korean stops were characterized that the aspirated stop appears to be characterized by largest open quotient and smallest glottal contact area of the vocal folds in e initial portion of vocal fold vibration ; the lenis stop by moderate open quotient and glottal contact area ; but the glottalized stop by smallest open quotient and largest glottal contact area. There may be close relationship between the OQ(open quotient) in the initial voice onset and the glottal width at the time of consonant production, the larger glottal width just before vocal fold vibration results in the smaller OQ of the vocal fold vibration in the initial voice onset. The EGG changes of baseline shift during continuous speech production were characterized by the different patterns for the three types of Korean consonants. The small and less stiffness change of baseline shift was found for the lenis and the glottalized, and the largest and stiffest change was found for the aspirated. On the baseline shift for the initial voice onset, they showed so similar patterns with for the consonant production, larger changed in the aspirated. for the lenis and the glottalized during the initial voice onset, three subjects showed individual difference each other. I suggest at s characteristics were strongly related with articulatory activity of vocal tract for the production of consonant, especially for the aspirated stop. The suspecting factors to affect EGG waveforms are glottal width, vertical laryngeal movement and the intrapharyngeal pressure to neighboring tissue during connected spech. So the EGG may be an useful method to describe laryngeal activity to classify pulsing conditions of the larynx during speech production, and EGG research can be controls for monitoring the vocal tract articulation, although above factors to affect EGG would have played such a potentially role on vocal fold vibratory behavior obtained using consonant production.

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A Study on Innovation Capability and Business Performance: Multi-Group Analysis by Company Location (혁신역량과 경영성과에 관한 연구: 기업 소재지별 다중집단분석)

  • Choi, Kyu-Sun
    • The Journal of the Korea Contents Association
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    • v.22 no.10
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    • pp.703-722
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    • 2022
  • The concentration of local businesses in the capital region promotes a decrease in the local population and polarization between the capital region and non-capital regions. It affects the competitiveness of local industries and creates a vicious cycle throughout the local economy, society and culture. Therefore, this study classified the companies in the capital region and non-capital regions by group and examined the effect of the innovation capability factors of companies on the creation of business performance. We analyzed the effects of R&D capabilities, which are elements of innovation capability, and open innovation and convergence capabilities on business performance. Smart PLS 3.0 was used for analysis including direct and indirect mediating and moderating effects, multi-group analysis, and structural equation model analysis. As a result, R&D capability did not have a significant effect on business performance, but it has a positive influence towards business performance through convergence capability and open innovation. However, the effectiveness of open innovation in non-capital regions and convergence capabilities in capital region were not statistically significant. In particular, in terms of open innovation, as the difference between groups is statistically clear, follow-up measures are suggested especially in non-capital regions.

Analysis of Ring Pack Lubrication (다중 피스톤 링계의 피스톤 링 윤활 해석)

  • 이재선;한동철
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1999.06a
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    • pp.232-239
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    • 1999
  • Generally quantity of supply oil for piston ring lubrication in an internal combustion engine may be insufficient to fill the entire volume formed in the clearance between piston ring and cylinder liner. Thus oil starvation condition should be considered for the analysis of piston ring lubrication. In order to reasonably estimate amount of oil left on the cylinder liner, adequate boundary condition should be adapted for the analysis of ring pack lubrication. In this analysis of ring pack lubrication of an internal combustion engine, oil starvation and open-end boundary conditions are considered at inlet and outlet of piston rings. It is revealed that piston rings are operated under oil starvation in most operating cycle and the result with these conditions are quite different from that with fully-flooded assumption.

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Estimating Optimum Investment Cost for Obsolete School Buildings (노후화된 학교건물의 적정시설투자비 산정모델 적용사례)

  • Huh, Young-Ki
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.10 no.1
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    • pp.10-25
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    • 2011
  • Area Offices of Education in Korea assign and execute government budget based on the evaluation of school buildings' safety rating and degree of their deterioration. However, it is never easy to estimate the most appropriate investment amount for old buildings under consideration of their service lives and residual values together. A model of estimating optimum investment cost for obsolete school building is developed taking its life cycle cost into account. The model is also applied to six old buildings in five different schools and found that some of the facilities hardly needed further investment and were better to be rebuilt. The study results will be a great beneficial for officers to make right decision on maintaining obsolete school buildings and to maximize tax payers' money.