• 제목/요약/키워드: Rate of Reserve

검색결과 198건 처리시간 0.032초

The Sensitivity of the Indonesian Islamic Stock Prices to Macroeconomic Variables: An Asymmetric Approach

  • WIDARJONO, Agus;SHIDIQIE, Jannahar Saddam Ash;El HASANAH, Lak Lak Nazhat
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.181-190
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    • 2021
  • This paper empirically examines the asymmetric response of the Indonesian Islamic stock market to macroeconomic variables encompassing money supply, domestic output, exchange rate, and Federal Reserve rate. Our study employs the Jakarta Islamic Index (JII) after the financial crisis in the Southeast Asian country using monthly data from January 2000 to December 2019. Non-linear Autoregressive Distributed lag (NARDL) is applied. Our study considers two models consisting of the model without the Federal Reserve rate and the model with it. Our findings confirm the long-run link between Jakarta Islamic Index and macroeconomic factors being studied. Furthermore, the Jakarta Islamic Index asymmetrically responds to broad money supply and exchange rate, but not to domestic output and Federal Reserve rate. A reduction in the money supply has a worse effect on Islamic stock prices as compared to an increase in the money supply. The Jakarta Islamic Index responds differently to depreciation and appreciation. The transmission of the exchange rate to Islamic stock prices occurs only for appreciation. Our study finds an absence of transmission mechanism from the domestic output and the interest rate to Islamic stock prices. Our results imply that the easy money policy and stabilizing currency are key to supporting Indonesian Islamic stock prices.

수요와 공급의 불확실성을 고려한 시간대별 순동예비력 산정 방안 (Dynamic Reserve Estimating Method with Consideration of Uncertainties in Supply and Demand)

  • 권경빈;박현곤;류재근;김유창;박종근
    • 전기학회논문지
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    • 제62권11호
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    • pp.1495-1504
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    • 2013
  • Renewable energy integration and increased system complexities make system operator maintain supply and demand balance harder than before. To keep the grid frequency in a stable range, an appropriate spinning reserve margin should be procured with consideration of ever-changing system situation, such as demand, wind power output and generator failure. This paper propose a novel concept of dynamic reserve, which arrange different spinning reserve margin depending on time. To investigate the effectiveness of the proposed dynamic reserve, we developed a new short-term reliability criterion that estimates the probability of a spinning reserve shortage events, thus indicating grid frequency stability. Uncertainties of demand forecast error, wind generation forecast error and generator failure have been modeled in probabilistic terms, and the proposed spinning reserve has been applied to generation scheduling. This approach has been tested on the modified IEEE 118-bus system with a wind farm. The results show that the required spinning reserve margin changes depending on the system situation of demand, wind generation and generator failure. Moreover the proposed approach could be utilized even in case of system configuration change, such as wind generation extension.

이동 평균을 이용한 인터넷 경매 시스템의 낙찰 예정가 자동생성 (Automatic Reserve Price Generation for an Internet Auction System Using Moving Average)

  • 고민정;이용규
    • 한국전자거래학회지
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    • 제9권2호
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    • pp.17-31
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    • 2004
  • 인터넷 경매 시스템에서는 물품의 판매자가 경매 물품에 적합한 낙찰 예정가를 제안하는 것이 매우 중요하다. 최근에 정보검색 이론의 사례 유사도에 기초하여 경매 물품의 낙찰 예정가를 자동으로 생성하는 에이전트가 연구되었다. 그러나, 이것은 과거의 경매 물품 전체를 대상으로 가장 유사한 사례의 낙찰가를 낙찰 예정가로 생성하므로, 최근의 추세를 반영한 가격을 생성하지 못하는 단점 이 있다. 본 논문에서는 이러한 문제점을 해결하고자 시계열 분석에서 사용하는 이동 평균을 이용하여 최근의 경매 자료에 높은 가중치를 부여하여 낙찰 예정가를 생성하는 방법을 제안한다. 성능 실험을 통하여, 새로운 방법 이 판매자가 경매 물품에 대하여 불합리한 낙찰 예정가를 제시하는 것을 방지함으로써 낙찰률을 높일 수 있음을 보인다.

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순동예비력제약을 고려한 동적 경제부하배분 (SPINNING RESERVE CONSTRAINED DYNAMIC ECONOMIC DISPATCH)

  • 송길영;오광해;권영구;차준민;김용하
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 1995년도 하계학술대회 논문집 B
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    • pp.524-527
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    • 1995
  • This paper deals with the optimal dynamic dispatch problem owing to spinning-reserve and power-rate limits. Two computational modules are used in the solution of the problems. The first is an efficient dispatch module for the consideration of reasonable spinning-reserve requirements. The latter os the Lagrange multipliers adjusting module, which is satisfying the Kuhn-Tucker conditions for power-rate constraints. The proposed algorithm obtains very fast solution speed and maintains good accuracy from test examples.

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확률론적인 신뢰도기준에 의한 적정설비예비율의 결정에 관한 연구 (A Study on Decision of Optimum Installed Reserve Rate using Probabilistic Reliability Criterion)

  • 박정제;최재석;윤용범;정영범
    • 전기학회논문지
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    • 제57권8호
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    • pp.1318-1326
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    • 2008
  • This paper proposes an alternative methodology for deciding an optimum deterministic reliability level (IRR; Installed Reserve Rate) by using probabilistic reliability criterion (LOLE; Loss of Load Expectation). Additionally, case studies using the proposed method induce the characteristics of relationship between the probabilistic reliability index (LOLE) and deterministic reliability index (IRR) for 2008 and 2010 years in Korea power system. The case study presents a possibility that an optimum IRR level in Korea can be assessed using the proposed method. Korea power system has been using the LOLE criterion to determine the adequacy of installed capacity (ICAP) requirement. The criterion in Korea is that the loss of load expectation shall not exceed the available capacity more than five day in ten years (=0.5[days/year]), The probabilistic reliability evaluation and production cost simulation program which is called PRASim is used in order to evaluate the relationship and optimum IRR in this paper.

전력시장에서의 적정 운영예비력 기준에 관한 연구 (A Study on Operation Standards for Optimal Operating Reserve in Electricity Market)

  • 류성호;이강완;김광원;황갑주
    • 대한전기학회논문지:전력기술부문A
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    • 제52권5호
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    • pp.287-293
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    • 2003
  • The deregulation and structural reform of power markets have started from the early 90s, which has brought about new studies on the new environment. Regardless the market structure, however, power systems need to be operated and planned in a stable and reliable manner. Therefore, decisions on proper amount of operating reserves and their reliable operations are very important. Up to now, the decision processes of operating reserves depend mainly on experiences of operators in Korea. When Korean power market comes under private management, operating reserves would influence power rate as well as power Quality, Therefore, it is time to prepare reasonable operating reserve standards in a systematic way for the new environment. This study suggests the proper operating reserve standards considering rules of the power market in Korea. To verify the adequacy of the proposed standards, stability and frequency characteristics of the Korean power system are analyzed as well.

The meaning of anti-Müllerian hormone levels in patients at a high risk of poor ovarian response

  • Park, Hyun Jong;Lee, Geun Ho;Gong, Du Sik;Yoon, Tae Ki;Lee, Woo Sik
    • Clinical and Experimental Reproductive Medicine
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    • 제43권3호
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    • pp.139-145
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    • 2016
  • Measurements of ovarian reserve play an important role in predicting the clinical results of assisted reproductive technology (ART). The ideal markers of ovarian reserve for clinical applications should have high specificity in order to determine genuine poor responders. Basal follicle-stimulating hormone levels, antral follicle count, and serum anti-$M{\ddot{u}}llerian$ hormone (AMH) levels have been suggested as ovarian reserve tests that may fulfill this requirement, with serum AMH levels being the most promising parameter. Serum AMH levels have been suggested to be a predictor of clinical pregnancy in ART for older women, who are at a high risk for decreased ovarian response. We reviewed the prognostic significance of ovarian reserve tests for patients undergoing ART treatment, with a particular focus on the significance of serum AMH levels in patients at a high risk of poor ovarian response.

국민연금 재정평가지표의 제안 및 분석 (A proposal and analysis of finance evaluation indicators for actuarial review of the national pension)

  • 이항석;신승희
    • Journal of the Korean Data and Information Science Society
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    • 제27권1호
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    • pp.75-89
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    • 2016
  • 본 논문에서는 국민연금과 주요국 공적연금에서 사용되는 재정평가지표들을 고찰해 보고 국민연금 재정계산 시 보완 및 적용 가능한 재정평가지표로 수정적립배율, 보험료충당률, 기금충당률을 제안하였다. 수정적립배율은 평가시점에 보유한 적립기금으로 장래 지출을 감당할 수 있는 제도유지 기간을 측정하며 기금의 적립 수준에 대한 의미 있는 해석을 가능하게 한다. 보험료충당률과 기금충당률은 국민연금의 지출 재원을 보험료수입과 적립기금으로 구분하여 재원에 따른 지출 충당 비율을 측정한 지표이다. 평가기간 동안의 재정상태를 요약하여 나타내며 재원의 적절성에 대한 정보를 제공해 준다. 다양한 재정평가지표의 활용은 재정상태 평가에 대한 신뢰도를 높이고 이해를 돕는데 기여할 것이다.

Transcranial Doppler를 이용(利用)한 태음인 중풍환자의 혈류속도(血流速度)와 혈관(血管) 반응성(反應性)에 대한 임상적(臨床的) 고찰(考察) (Clinical study of blood flow and vascular reaction in Taeumin CVA patients using Transcranial Doppler)

  • 임종필;배나영;한경수;안택원
    • 혜화의학회지
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    • 제15권2호
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    • pp.263-272
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    • 2006
  • Purpose Brain vessles have autoregulation function, so even when perfusion pressure drops, cerebral blood flow remain stable by vasodilation. Latest research on this reserve of cerebral vessels is being done using TCD, which measures the reserve of the vessels. We did a research comparing cerebral vessel and peripheral vessel reserve between Taeumin, who are more likely to suffer CVA, and the normal. We observed blood flow of Internal carotid artery siphon and radial indicis artery of the two group with TCD. Method We picked 20 people out of patients diagnosed as cerebral infarction at Cheon-An Oriental hospital of Daejeon University. They were diagnosed as Taeumin with QSCCII questionnaire and constitutional differentiation. Using TCD, we measured highest blood flow rate, mean blood flow and asymmetric counting blood flow of Internal carotid artery siphon and radial indicis artery at rest. And then we measured again after stimulating cerebral vessels, by triggering hypercapnia by self apnea and peripheral vessels by palm heating. Result At rest, mean blood flow rate of Internal carotid artery siphon showed significant decrease compared to control group. Blood flow rate of Internal carotid artery siphon after hypercapnia showed significant decline in highest blood flow rate and mean blood flow compared to control group. Cerebral vessel reaction after the hypercapnia induction showed great change in experiment group than the control group. Peripheral vessel reaction after palm heating showed significant decline in experiment group compared to control group. Conclusion In conclusion, measuring the alteration of blood flow used in diagnosing cerebral infarction, is more sensitive when vessel stimulation is done. Non-invasive TCD is effective especially in case of Taeumin who are more likely to suffer vascular disorder than others.

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발전기 예방정비계획 전산화모형 개발에 관한 연구 (A Study on the Development of Generator Maintenance Scheduling Program Package)

  • 원종률;윤용범;박시우;남재현
    • 대한전기학회논문지:전력기술부문A
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    • 제48권11호
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    • pp.1374-1381
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    • 1999
  • This paper describes development of a package for generator maintenance scheduling program with user-friendly interactive mode. Generator maintenance scheduling is to select desirable maintenance periods of generators in the given interval satisfying reliability or economic criteria. Window-based system for user-friendly mode and Oracle-based database system for efficient data management are established in our package. Reserve rate levelization and LOLP minimization are performed in calculation mode, which is composed of DLL programs. Many graphs and charts are illustrated for the user-analysis. Operation is carried out by day-based unit, not by week. The case study has been conducted with the data of practical KEPCO power system in 1999 and successfully demonstrated its effectiveness.

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