• Title/Summary/Keyword: Real Currency

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A Study on Space Utilization according to Changes in Non-face-to-Face Consumer Use : Focused on bank offices

  • Hwang, Sungi;Ryu, Gihwan;Yun, Daiyeol;Kim, Heeyoung
    • International Journal of Advanced Culture Technology
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    • v.8 no.4
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    • pp.271-278
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    • 2020
  • Modern financial services go beyond the stage of internet banking, and new concepts of financial transactions such as Internet of Things, mobile banking, electronic payments, and fintech have emerged. As a result, banks are less influential in financial transactions, and changes are being demanded. In the present era, the basic business of banks has decreased, and it is transforming into a space where both consumer finance work and reside. The bank office stands for the brand image of the bank, and it is represented by trust with customers in the basic business of financial transactions, and the rise in real estate value is a natural social phenomenon due to the nature of the location and location of real estate owned by the bank. The business method and space of the bank office that meets the new paradigm of the modern society is an inefficient space only for the convenience and rest of consumers, but it must be used as a variety of spaces suitable for the region to increase the functional value of the bank office. Through this study, as a convenience space for consumers, various service facilities should be introduced to understand the characteristics of the region as a convenience space for consumers, and various service facilities should be introduced to meet the needs of consumers, and the bank office should be improved as a complex service space for local residents.

Competition of Korea, Japan and China in ASEAN and Determinants of Korea's Exports to ASEAN Countries: Do Chinese and Japanese Exchange Rates Matter? (ASEAN내 한·중·일간 경합관계와 한국의 대(對)ASEAN 수출 결정요인 분석: 위안화 및 엔화의 영향을 중심으로)

  • WON, Yong Kul;LEE, Hwa Yeon
    • The Southeast Asian review
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    • v.27 no.4
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    • pp.41-76
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    • 2017
  • This paper analyses the market shares and the export similarity indexes (ESI) of Korea, Japan and China in ASEAN, and then identifies the determinants of Korea's exports to ASEAN countries using single equation cointegration approaches, such as fully modified OLS (FMOLS), dynamic OLS (DOLS), and canonical cointegration regression (CCR). Various regression results are as follows: As expected, Korea's real exports tend to increase as importing country's GDP grows. The competing third country's currency depreciation affects Korea's exports differently from country to country. Most notably, it doesn't significantly affect Korean exports in Malaysia, Indonesia and Thailand. These results suggest that bilateral or third country exchange rates are not that important or decisive factors to determine Korea's exports to ASEAN countries in the long-run while economic growth in ASEAN countries matters most.

Improving QoS using Cellular-IP/PRC in Hospital Wireless Network (병원 무선망에서 Cellular-IP/PRC에 의한 QoS 개선)

  • Suk, Kyung Hyu;Kim, Sung-Hong
    • The Journal of the Korea institute of electronic communication sciences
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    • v.3 no.3
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    • pp.188-194
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    • 2008
  • In this paper, we propose for improving QoS in Hospital wireless network using Cellular-IP/PRC(Paging Route Cache) with Paging Cache and Route Cache in Cellular-IP and propose for performance of realtime and non-real time handoff service using Handoff state machine Paging Route Cache. Although the Cellular-IP/PRC technology is devised for mobile internet communication, it has its vulnerability in frequent handoff environment. This handoff state machine using differentiated handoff improves quality of services in Cellular-IP/PRC Suggested algorithm shows better performance than existing technology in wireless mobile internet communication environment. When speech quality is secured considering increment of interference to receive in case of suppose that proposed acceptance method grooves base radio station capacity of transfer node is plenty, and moat of contiguity cell transfer node was accepted at groove base radio station with a blow, groove base radio station new trench lake acceptance method based on transmission of a message electric power estimate of transfer node be. Do it so that may apply composing PC(Paging Cache) and RC(Routing Cache) that was used to manage paging and router in radio Internet network in integral management and all nodes as one PRC(Paging Router Cache), and add hand off state machine in transfer node so that can manage hand off of transfer node and Roaming state efficiently, and studies so that achieve connection function at node. Analyze benevolent person who influence on telephone traffic in system environment and forecasts each link currency rank and imbalance degree, forecast most close and important lake interception probability and lake falling off probability, GoS(Grade of Service), efficiency of cell capacity in QoS because applies algorithm proposing based on algorithm use gun send-receive electric power that judge by looking downward link whether currency book was limited and accepts or intercept lake and handles and displays QoS performance improvement.

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A Secure Agent of Integrated Administration System for the Electronic Commerce (전자상거래 서비스를 위한 통합 관리 시스템의 보안 에이전트)

  • 서대희;이임영
    • Journal of Korea Multimedia Society
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    • v.5 no.6
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    • pp.674-682
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    • 2002
  • Nowadays economic and commercial businesses have been increased because of the Internet. As a result of this, electronic commerce is becoming one of the most Interesting topic of discussion. Electronic commerce is equal to a real market, only the place of business is the imaginary space supported by the Internet. There are a few conditions to consider, making electronic commerce work safely. The electronic commerce should be connected by a substantial system and an on-line Protocol. There are some conditions needed for information security, authentication, and payment by electronic currency etc. Although there are many kinds of existing systems, which create services successfully, further research for security is required. Therefore, this paper suggests an authenticated Agent management, which offers more convenience and security than before. Also, this paper shows many authenticated methods for a management system. An Agent that is one of interesting things to study can handle information problems and works related to electronic commerce.

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The Criteria and Methods for Evaluating of Internet Website Documents (인터넷 웹사이트 문서의 평가 기준 및 방법 - 내용적인 측면을 중심으로 -)

  • Lee Eung-Bong
    • Journal of Korean Library and Information Science Society
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    • v.30 no.1
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    • pp.151-169
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    • 1999
  • The availability and growth of the Internet offers users the opportunity to find information and data all over the world. The development of the WWW has made the Internet easier to use, both for finding information and for publishing it electronically. Because so much information is available, and because that information can appear to be fairly 'anonymous', It is necessary to develop skills to evaluate what you find. Every printed information resources you find has been evaluated in one way or another before you ever see it. But when you are using the WWW, none of this applies. There are no filters between you and Internet. In addition, the ease of constructing Web documents results in information of the widest range of quality, written by authors of the widest range of authority, available on an even playing field Excellent information resources reside along side the most dubious. This study discusses the criteria arid methods by which scholars and researchers in most fields evaluate print information, and shows how the same criteria and methods can be used to assess Internet Website document. This study applied seven criteria, that is essential Web document element, authorship, publishing body, point of view or bias, referral to other sources, verifiability and currency. All information, whether in print or by byte, needs to be evaluated by users for some objective criteria and methods mentioned above. If you find information that is 'too good to be true', it probably is. Never use information that you can't verity. Always remember that the best counterfeit looks the most like the real thing. Establishing and learning criteria and methods to filter information you find on the Internet is a good beginning for becoming a critical consumer of information in all forms.

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The Relation between Wage and Price Under Low Inflation Rate (저(低)인플레이션하의 임금과 물가의 관계에 대한 연구)

  • Yi, Hyun Chang
    • Journal of Labour Economics
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    • v.29 no.3
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    • pp.49-74
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    • 2006
  • Even though the foreign currency crisis in 1997 and the introduction of Inflation Targeting(IT) have been considered as key factors for current low inflation, there have been few attempts to explain what is the contribution of the dynamics of wage and price to the low inflation. This study is to analyze the relation between wage and price especially focusing on how it through the economic events using cointegration instability tests. The result shows that the short and long-run relation between two have variables have changed through the period of 1997~1999. In the first subperiod, wage tended to respond immediately to inflation shocks, whereas price responded to wage shocks in a long-run. Moreover, the cointegration coefficient of price was equal to 1. In the second subperiod, however, the dynamics from price to wage has been weakened and the real wage has declined apparently. These findings mean that the workers have failed to raise their wage at the rate of inflation, that is, the so-called wage-price spiral was broken for the second subperiod. The implication of this study is that the relatively weak bargaining power of workers, or the condition of labor market, is one of the primary factors of the current low inflation.

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Development and Evaluation of a Portfolio Selection Model and Investment Algorithm utilizing a Markov Chain in the Foreign Exchange Market (외환 시장에서 마코브 체인을 활용한 포트폴리오 선정 모형과 투자 알고리즘 개발 및 성과평가)

  • Choi, Jaeho;Jung, Jongbin;Kim, Seongmoon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.2
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    • pp.1-17
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    • 2015
  • In this paper, we propose a portfolio selection model utilizing a Markov chain for investing in the foreign exchange market based on market forecasts and exchange rate movement predictions. The proposed model is utilized to compute optimum investment portfolio weights for investing in margin-based markets such as the FX margin market. We further present an objective investment algorithm for applying the proposed model in real-life investments. Empirical performance of the proposed model and investment algorithm is evaluated by conducting an experiment in the FX market consisting of the 7 most traded currency pairs, for a period of 9 years, from the beginning of 2005 to the end of 2013. We compare performance with 1) the Dollar Index, 2) a 1/N Portfolio that invests the equal amount in the N target assets, and 3) the Barclay BTOP FX Index. Performance is compared in terms of cumulated returns and Sharpe ratios. The results suggest that the proposed model outperforms all benchmarks during the period of our experiment, for both performance measures. Even when compared in terms of pre- and post-financial crisis, the proposed model outperformed all other benchmarks, showing that the model based on objective data and mathematical optimization achieves superior performance empirically.

An Empirical Analysis on the Structure and Conduct Methods of the World Rice Market: Focusing on the Top 4 Major Rice Exporting Countries (국제 쌀 시장에 대한 구조와 행위 분석: 주요 쌀 수출국들을 중심으로)

  • Kang, Hyunsoo
    • International Area Studies Review
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    • v.13 no.3
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    • pp.93-119
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    • 2009
  • The purpose of this paper is to analyze the world rice market through structure and conduct frameworks utilizing annual data from 1970 to 2007. The world rice market has been unstable for much of the period post-World War II, with prices volatile and the availability of supplies uncertain. Therefore, analysis of the structure and conduct of the world rice market can provide information to better formulate the direction of future policies. Also, this paper will describe the effects of total production, export rice price, market concentration, and real exchange rate for exporting countries on total export rice volume. On basis of the expected results, the international rice market possesses market power with respects to static calculation and hypothesis test, and it will be demonstrated that exporting countries' currency crucially affects the exporting quantity and market power of those same exporting countries.

Implimentation of Smart Farm System Using the Used Smart Phone (중고 스마트폰을 활용한 스마트 팜 시스템의 구현)

  • Kwon, Sung-Gab;Kang, Shin-Chul;Tack, Han-Ho
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.11
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    • pp.1524-1530
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    • 2018
  • In this paper, we designed a product that can prevent environmental pollution, waste of resources, and leakage of foreign currency by commercializing a green IT solution by merging a used smart phone with the IoT object communication technology for the first time in the world. For the experiment of the designed system, various performance and communication condition was experimented by installing it in the actual crop cultivation facility. As a result, when a problem occurs, the alarm sound and video notification are generated by the user's smart phone, and remote control of various installed devices and data analysis in real time are possible. In this study, it is thought that the terminal management board developed for the utilization of the used smart phone can be applied to various fields such as agriculture and environment.

Mobile Payment and Operation System for the Local Area Festival (지역 기반 문화축제를 위한 모바일 결제 및 운영 시스템)

  • Park, Kiung;Lee, Jae-Won
    • The Journal of the Korea Contents Association
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    • v.19 no.9
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    • pp.402-410
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    • 2019
  • Local area festivals have grown on a scale for the past 20 years, but have suffered ups and downs. Through the trial and error of the festival operation, problems such as prediction of the number of visitors, planning of event scale, calculation and expansion of sales volume, and management of various participants in the duration were highlighted. To solve, this study designed and developed a mobile payment system and festival operation management system for local scale festivals as a platform operating system of web and app combined. The results of this study presents four basic functions. It includes ticketing management, attendance identification and entrance control, charge of festival currency and use of payments, real-time provision and management of related information, and performance reporting for each role. It was applied to local festivals in practice as to enable local shop owners to participate in advertisements or sponsorships and confirmed their contribution to local commercial market and the revitalization of festivals through this system.