• 제목/요약/키워드: Output processes

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The Nexus Between Monetary Policy and Economic Growth: Evidence from Vietnam

  • NGUYEN, Hoang Chung
    • The Journal of Asian Finance, Economics and Business
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    • 제9권1호
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    • pp.153-166
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    • 2022
  • The study estimates the Structured VAR and the Dynamic Stochastic General Equilibrium Model for the Vietnamese economy based on the new Keynesian model for small and open economies, with the output gap, inflation, policy interest rate, the Vietnamese exchange rate, and the inflation and interest rate in the United States. The paper aims to clarify the impulse response of the macro variables through their shocks. It offers to model the SVAR and DSGE processes, as well as describe why and how interest rate policy is important in the impulse response of macro variables like the output gap and inflation process. The study supports the central role of monetary policy by giving empirical evidence for the new Keynesian theory, according to which an interest rate shock causes the output gap to widen and inflation to decrease. Finally, the application of the DSGE model is becoming more and more popular in the State Bank of Viet Nam to improve its policy planning, analyzing, and forecasting policy towards sustainable and stable growth.

Simplified predictive control employing kalman filter

  • Shimizu, Hiroshi;Mori, Ryoichi
    • 제어로봇시스템학회:학술대회논문집
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    • 제어로봇시스템학회 1991년도 한국자동제어학술회의논문집(국제학술편); KOEX, Seoul; 22-24 Oct. 1991
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    • pp.1879-1882
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    • 1991
  • Kalman Filter application to model predictive control is discussed. Most of refinery and petrochemical processes contain uncertainties in their output. Simplified state estimation algorithm is merged to model predictive control to improve overall control accuracy.

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마이크로 서보건의 가압 특성 (Electrode Force Characteristics of Micro Servogun)

  • 임창식;박승규;장희석
    • 대한용접접합학회:학술대회논문집
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    • 대한용접접합학회 2003년도 추계학술발표대회 개요집
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    • pp.159-161
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    • 2003
  • Electrode movement signal has been widely used in resistance spot welding system This study is to compare accelerometer signal with gap sensor signal in servo gun system. This study propose that accelerometer output signal is a useful technique of quality monitoring in resistance welding processes.

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휘발성 유기물질의 고효율 열산화 시스템 개발 연구 (Study on the Development of Recuperative Thermal Oxidation System for the Volatile Organic Compounds)

  • 현주수;이시훈;이종섭;민병무
    • 한국연소학회:학술대회논문집
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    • 한국연소학회 2004년도 제29회 KOSCI SYMPOSIUM 논문집
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    • pp.225-230
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    • 2004
  • Volatile organic compounds (VOCs) are low calorific value gases (LCVG) emitted from chemical processes such as painting booth, dye works and drying processes etc. Characteristics of VOCs are low calorific values less than 150 kcal/$m^3$, high activation energy for ignition and low energy output. These characteristics usually make combustion unstable and its treatment processes needs high-energy consumption, The cyclone combustion system is suitable for LCVG burning because it can recirculate energy through a high swirling flow to supply the activation energy for ignition, increases energy density to make a combustion temperature higher than usual swirl combustor and also increases mixing intensity, This research was conducted to develop optimized cyclone combustion system for thermal oxidation of VOCs. This research was executed to establish the effect of swirl number with respect to the combustion temperature and composition of exhausted gas in the specific combustor design.

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Implied Volatility Function Approximation with Korean ELWs (Equity-Linked Warrants) via Gaussian Processes

  • Han, Gyu-Sik
    • Management Science and Financial Engineering
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    • 제20권1호
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    • pp.21-26
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    • 2014
  • A lot of researches have been conducted to estimate the volatility smile effect shown in the option market. This paper proposes a method to approximate an implied volatility function, given noisy real market option data. To construct an implied volatility function, we use Gaussian Processes (GPs). Their output values are implied volatilities while moneyness values (the ratios of strike price to underlying asset price) and time to maturities are as their input values. To show the performances of our proposed method, we conduct experimental simulations with Korean Equity-Linked Warrant (ELW) market data as well as toy data.

다목적 유전알고리듬을 이용한 시스템 분해 기법 (System Decomposition Technique using Multiple Objective Genetic Algorithm)

  • 박형욱;김민수;최동훈
    • 대한기계학회:학술대회논문집
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    • 대한기계학회 2001년도 춘계학술대회논문집C
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    • pp.170-175
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    • 2001
  • The design cycle associated with large engineering systems requires an initial decomposition of the complex system into design processes which are coupled through the transference of output data. Some of these design processes may be grouped into iterative subcycles. In analyzing or optimizing such a coupled system, it is essential to determine the best order of the processes within these subcycles to reduce design cycle time and cost. This is accomplished by decomposing large multidisciplinary problems into several multidisciplinary analysis subsystems (MDASS) and processing it in parallel. This paper proposes new strategy for parallel decomposition of multidisciplinary problems to improve design efficiency by using the multiple objective genetic algorithm (MOGA), and a sample test case is presented to show the effects of optimizing the sequence with MOGA.

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Look-up table based self organizing fuzzy control

  • Choi, Han-Soo;Jeong, Heon;Kim, Young-Dong
    • 제어로봇시스템학회:학술대회논문집
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    • 제어로봇시스템학회 1995년도 Proceedings of the Korea Automation Control Conference, 10th (KACC); Seoul, Korea; 23-25 Oct. 1995
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    • pp.127-130
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    • 1995
  • Fuzzy controllers have proven to be powerful in controlling dynamic processes where mathematical models are unknown or intractable and ill-defined. The way of improving the performance of a fuzzy controller is based on making up rules, constructing membership functions, selecting a defuzzification method and adjusting input-output scaling factors. But there are many difficulties in tuning those to optimize a fuzzy controller. So, in this paper, we propose the look-up table based self-orgenizing fuzzy controller (LSOFC) which optimizes look-up values resulting from the above fuzzy processes. We use the plus-minus tuning method(PMTM), scanning the value through the processes of addition and subtraction. Simulation results demonstrate that the performance of LSOFC is far better than that of a non-tuning fuzzy controller.

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Nonlinear Model Predictive Control Using a Wiener model in a Continuous Polymerization Reactor

  • Jeong, Boong-Goon;Yoo, Kee-Youn;Rhee, Hyun-Ku
    • 제어로봇시스템학회:학술대회논문집
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    • 제어로봇시스템학회 1999년도 제14차 학술회의논문집
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    • pp.49-52
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    • 1999
  • A subspace-based identification method of the Wiener model, consisting of a state-space linear block and a polynomial static nonlinearity at the output, is used to retrieve from discrete sample data the accurate information about the nonlinear dynamics. Wiener model may be incorporated into model predictive control (MPC) schemes in a unique way which effectively removes the nonlinearity from the control problem, preserving many of the favorable properties of linear MPC. The control performance is evaluated with simulation studies where the original first-principles model for a continuous MMA polymerization reactor is used as the true process while the identified Wiener model is used for the control purpose. On the basis of the simulation results, it is demonstrated that, despite the existence of unmeasured disturbance, the controller performed quite satisfactorily for the control of polymer qualities with constraints.

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동적계획법을 이용한 업무재설계과정에서의 주요측정점 선정에 관한 연구 (The Decision of Critical Measurement Point Using Dynamic Programming in the Business Process Reengineering)

  • 김창훈;윤덕균
    • 산업경영시스템학회지
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    • 제19권37호
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    • pp.53-61
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    • 1996
  • Recently the business transformaton of a company is achieved through the business process re-design and total quality management concept. This paper focused on the decision of the critical measurement point(CMP) for maximizing the effectiveness of the business process reengineering. In general, the types of business processes can be classified into two kinds, serial processes with IPO(input/process/output) type and non-serial processes with workflow type. The traditional method of selecting the CMP relies on the experiences and intuitions of the process owners. We suggest a mathematical method for more objective selection of CMP by using Dynamic Programming.

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