• Journal of Distribution Science
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• v.14 no.12
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• pp.79-87
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• 2016

Purpose - Since 1990, the sudden stop in capital flows has caused the economic crisis. The purpose of this research is to suggest the policy measures to mitigate the risk of the sudden stop in capital flows. To this end, we examine the theoretical framework and analyze the case study for countries which are faced with the sudden stop. Also we examine the structural problems of the foreign exchange market in Korea and derive the policy implications to prevent the sudden stop. Research design, data, and methodology - The criteria of whether the sudden stop in capital flows occurs are based upon Calvo et al. (2008). In case the proxy variable for the balance of capital account decreases from the average by over twice standard deviation, we determine that the sudden stop occurs for that country. The sample period is from January 1990 to December 2008, as in Calvo (2014). The sample countries are 17 developed countries and 19 emerging market countries, which are different from those of the previous papers as Agosin and Huaita (2012), and Calvo (2014). When the exchange market pressure index(EMPI) is deviated from the average by over three times standard deviation, we determine that the foreign exchange market is unstable for that country. Results - We find that the characteristics of the sudden stop in capital flows are the bunching or contagion among countries, the rapid drop in real effective exchange rate, and the huge decrease in foreign exchange reserves. Many countries tried to increase foreign exchange reserves and regulate capital flows. Also the foreign exchange market in Korea are found to be the volatile exchange rate, the vulnerable external debt and careless management of the foreign exchange derivatives transaction risk. Conclusions - To lessen the risk in the sudden stop of capital flows, this research suggests the some useful policy measures. To enhance the foreign exchange and distribution market stability, we should improve the price mechanism of exchange rate, hold the appropriate level of foreign exchange reserves, prevent excessive inflows of foreign exchange and promote sound transactions of foreign exchange derivatives.

• Science of Emotion and Sensibility
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• v.5 no.4
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• pp.51-57
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• 2002

The purpose of the study was to measure and compare driver's psychophysiological responses in different driving conditions through driving simulator. Twelve male adults(more than 1 year of driving experience) were assigned to four different driving conditions, such as normal speed(70㎞/h), sudden start(0㎞/h→70㎞/h), and sudden stop(70㎞/h→0㎞/h), and their simulator sickness, subjective pleasantness and arousal, EEG, ECG, skin temperature, and GSR were measured. Subjective and physiological evaluations were executed before and after driving in each condition. The results showed that subjective pleasantness and arousal increased in sudden stop and sudden start conditions, relative to stop and normal speed conditions. As the central nervous responses, beta wave increased and alpha wave decreased in sudden stop and sudden start conditions, relative to stop and normal speed conditions. With regard to the autonomic responses, heart rate and GSR increased, while skin temperature decreased in sudden stop and sudden start conditions, which means an activation of sympathetic nervous system. The results suggested that based upon observation of the distinctive psychophysiological changes by driving conditions, it is possible to evaluate the human sensibility in dynamic environment.

• Transactions of the Korean Society of Pressure Vessels and Piping
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• v.13 no.1
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• pp.69-74
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• 2017

In the fire protection system or fire fighting water supply system, the jockey pump is generally installed for the prevention of the pressure decrease of pipes, the frequent driving of the fire pump and protection the pipes from the water hammer. In this paper, the pressure-rise in fire fighting water distribution pipes in condition of pipe pressurization by the surge tank at the start-up and the sudden-stop of the fire pump without additional installation of jockey pump is considered by using simple formula calculations and the evaluation of water hammer occurrence in condition of pipe pressurization by the surge tank is included. As a result, the pressure-rise of pipes is less than the pipe design pressure at the condition of pump's start-up and sudden stop, and the possibility of water hammer occurrence is remarkably low due to pressurization of the pipes by the surge tank.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.24 no.65
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• pp.51-63
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• 2001

The present experiment investigated the possibility of evaluating of the human sensibility contingent on the speed and modes of driving using the responses from the autonomic nervous system, subjective assessments, Simulator Sickness (55) in dynamic simulator. The three conditions of the speed of driving were 40 $\pm$ 10 km/h, 100$\pm$10 km/h, 160 $\pm$ 10 km/h, and the participant was instructed to drive the car for three minutes on the elliptical track. It is programed in such a way that the modes of driving can be changed smoothly using road DB in Dynamic Simulator, and for signifying the change of the condition the road signs were used. The instruction was given to the participant to drive the car on the fixed speed of 20 km/h for 30 seconds, then to drive the car on sudden-start mode of driving from the 20 km/h to 160 km/h within 10 seconds. For the sudden-stop mode of driving, it was instructed that stop the car from the speed of 160km/h to 20km/h within 10 seconds when the subject see the road sign, then drive the car at the fixed speed of 20 km/h for 30 seconds. The results of the subjcetive assessment showed that the level of pleasantness and the tension was increased, and physiological response showed that the level of activity of the autonomic responses were also increased as the speed of the car increased. Also, for results on the driving modes showed that the level of pleasantness was highest for the sudden-stop, next highest was sudden-start, and the lowest was 20 km/h fixed speed condition for the subjective assessment, and tile order of the level of activation of the autonomic nervous system showed the same results as above. From the results of the present study it was concluded that the presentation and evaluation of the stimulus for the human sensitivity is possible in dynamic simulator.

• Proceedings of the KIEE Conference
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• 2006.05a
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• pp.34-36
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• 2006

The number of confine-disease of elevator increases every year and then sudden rise, sudden stop, error of level indication, stand; those can bring to uneasiness of elevator passenger and malfunction accidents related life accident are increasing. For confirmation those malfunction accident, we are measuring and analyzing power quality(Sag, Interruption, Harmonic) of the actual site and evaluated the performance for stop and stating by testing the two imitation test equipment with EN12016(2004) standard level. This paper will be used data of the analysis for mutual relation between Power Quality and malfunction and fault of elevator.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 2011.04a
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• pp.633-637
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• 2011

The tall and slender main crane is generally installed on the upper deck to load and unload the equipment or something heavy in the drilling rig or the ship. So the natural frequency of the crane equipment is very low, therefore, there is some possibility of excessive vibration at the emergency state due to sudden stop during the crane operation. This study describes a fatigue assessment due to heavy vibration during brake test of sudden stop because it is necessary the safety of crane is estimated against the heavy vibration. In order to find out the applied force, the vibration measurement and analysis have been performed.

• Journal of the Korean Institute of Gas
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• v.17 no.2
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• pp.70-77
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• 2013

The present study has been carried out to analyze the effect of steam hammering on the steam piping system including the final superheater, the high pressure turbine, check valve and the first reheater by sudden stoping of main stop valve in a power plant. For the present steam hammering analysis, the well known Flowmaster software has been used to model the steam piping system and the time dependent characteristics of pressure and steam mass flow rate has been conducted. Using the result of the unsteady pressure and steam mass flow rate, the forces acting on the elbows in the piping system has been derived. From the present analysis, it has been elucidated that the elbow just before the main stop valve and the elbow near the connection pipe between bypass pipe and check valve had the largest force among the elbows in the steam piping system. The structural safety diagnostics study on the elbow and the supporting structures of the steam piping system of a power plant will be conducted in the future by the present results of the forces acting on the elbow.

• Proceedings of the KSME Conference
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• 2004.04a
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• pp.1697-1702
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• 2004

The waterhammer has recently become more important because the pumping stations were big and the systems conveying the fluid through the large and long transmission pipelines were complex. When the pumps are started or stopped for the operation or tripped due to the power failure. the hydraulic transients occur as a result of the sudden change in velocity. In this paper, the field tests on the waterhammer by the startup, stoppage, and power failure of a centrifugal pump were carried out for Yongma transmission pumping station in Seoul. The experimental results were compared with that of the numerical calculations. in which results the procedure of controlled pump normal shut-down and the two-step closing mode of controlling the ball valve for pump emergency stop are proposed to reduce the pressure surge.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.6 no.3
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• pp.111-117
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• 1997

The sudden-stop apparatus is made to measure the residual stress of the infinitesimal area at the turning work surface by using the X-ray stress apparatus. This study is trued to make the cutting work the instantaneous stopping state in the normal working state. The behaviour of work material near the tool is estimated. The estimation method is that the distribution of residual stress can be also measured. The object is to clarify and control the mechanism to leave the adequate stress of the finishing surface. It's beginning is due to observe the occurrence state of the residual stress at the cutting work. The result obtained by this study is as follows. The chips are not separated from the work materials at all the cutting experiments of built-up edges or the shearing areas etc. which can be precisely observed by using the sudden-stop apparatus. The strain of movable system which can be seen at the part of working layer means the size of strain. This experiment proves that the working strain should be lessened to make the size of strain control the residual stress happened at the cutting surface.

• Plant Journal
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• v.12 no.3
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• pp.32-38
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• 2016

In this study, the effect of wake on the energy production of a downstream wind turbine was analyzed on the base of operation practices of wind farm in the coastal complex terrain which has 2 row array of wind turbines. And changes in the variation of wind speed and turbulence intensity was analyzed. In case wind turbines are spaced 4-rotor diameter-apart in the prevailing wind direction, reduction in energy production was confirmed due to the decrease of wind speed and the increase of turbulence intensity by wake. Especially a radical change of wind direction caused wind turbine a sudden stop and energy production significantly reduced. It is considered improvement of yaw brake can prevent the sudden stop and increase energy production.