• Title/Summary/Keyword: Term Structure

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Structuralist view of Knowledge and the Structure of Knowledge in Mathematics (지식에 대한 구조주의적 관점과 수학에서의 '지식의 구조')

  • 임재훈
    • Journal of Educational Research in Mathematics
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    • v.8 no.1
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    • pp.365-380
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    • 1998
  • Structualist view distinguishes structure(reality) from phenomenon(appearance). Phenomenon is the outside aspect of structure and structure is the inside aspect of phenomenon. From the structualist view, the knowledge could e divided into two parts, the appearance of knowledge(the outside aspect of knowledge)and the structure of knowledge(the inside aspect of knowledge). Structualist view advices teachers to understand knowledge more totally from the inside-outside viewpoint, and not to teach mere the one aspect of knowledge, especially the outside aspect of knowledge, that is, the written expressions in textbook, but to teach the inside and outside aspects fo knowledge totally. In the history of mathematics education, the attempts to teach the structure of knowledge were flourishing in the period of discipline-centered curriculum. 'New Math movement' represents the attempts. The advocators of New Math, however, did not succeed sufficiently to understand the inside-outside view which the term the structure of knowledge represents, and failed to make mathematics teachers to understand the view well. Their attention was put on to introduce the modern mathematics to school math rather than to understand the educational and epistemological perspective which the term the structure of knowledge represents. To teach the structure of knowledge, mathematics teacher should be able to understand mathematical knowledge more totally from the inside-outside viewpoint. Especially, s/he should not regard the outside aspect of mathematical knowledge written in textbook as the totality of knowledge, but inquire into the inside aspect of mathematical knowledge from the outside aspect of mathematical knowledge.

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Long-term simulation of wind turbine structure for distributed loading describing long-term wind loads for preliminary design

  • Ibrahimbegovic, Adnan;Boujelben, Abir
    • Coupled systems mechanics
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    • v.7 no.2
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    • pp.233-254
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    • 2018
  • In order to reduce the dependency on fossil fuels, a policy to increase the production capacity of wind turbine is set up. This can be achieved with increasing the dimensions of offshore wind turbine blades. However, this increase in size implies serious problems of stability and durability. Considering the cost of large turbines and financial consequences of their premature failure, it is imperative to carry out numerical simulations over long periods. Here, an energy-conserving time-stepping scheme is proposed in order to ensure the satisfying computation of long-term response. The proposed scheme is implemented for three-dimensional solid based on Biot strain measures, which is used for modeling flexible blades. The simulations are performed at full spatial scale. For reliable design process, the wind loads should be represented as realistically as possible, including the fluid-structure interaction (FSI) dynamic effects on wind turbine blades. However, full-scale 3D FSI simulations for long-term wind loading remain of prohibitive computation cost. Thus, the model to quantify the wind loads proposed here is a simple, but not too simple to be representative for preliminary design studies.

Analyzing the Effect of Changes in the Benchmark Policy Interest Rate Using a Term Structure Model (이자율 기간구조를 이용한 정책금리 변경의 효과 분석)

  • Song, Joonhyuk
    • KDI Journal of Economic Policy
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    • v.31 no.2
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    • pp.15-45
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    • 2009
  • This paper estimates the term structure of interest rates with the setup of 3-factor no arbitrage model and investigates the trend of term premia and the effectiveness of changes in policy interest rates. The term premia are found to be high in a three-year medium term objective, which can be interpreted as reflecting the recognition of investors who expect a higher uncertainty in real activities for the coming three years than for a longer term. Then, in order to look into the effect of policy interest rates after the recent change of benchmark interest rate, this paper analyzes the effects of the changes in short-term interest rates of the financial market on the yield curve of the bond market at time of change. Empirical results show that the discrepancy between call rate, short-term rate in money market, and instantaneous short rate, short-term rate in the bond market, is found to be significantly widened, comparing to the periods before the change in benchmark interest rate. It is not easy to conclude clearly for now whether such a widening gap is caused by the lack of experiences with managing new benchmark interest rate or is just an exceptional case due to the recent turmoil in the global financial market. However, monetary policy needs to be operated in a manner that could reduce the gap to enhance its effectiveness.

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Strength Development of High-Strength Concrete in Structure

  • Msuda, Yochihiro
    • Proceedings of the Korea Concrete Institute Conference
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    • 2000.10a
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    • pp.31-45
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    • 2000
  • Because of the high unit cement content in the concrete mix, major concrete temperature rises are observed in the initial stages of hardening in structural members with large cross-sections made of high-strength concrete. While this temperature rise in the initial stages of hardening contributes to the initial development of the concrete strength, it also causes thermal cracking and obstructs medium to long-term increases of the concrete strength. In the study reports below, investigations were made on the effects of the concrete temperature rise in the initial stages of hardening on the medium to long-term development of the strength of structural concrete between the ages of 28 and 91 days. In the study, comparisons were made, for example, between the compressive strength of a control specimen subjected to standard curing at 28 days and the compressive strength of core specimens taken from structural members, and observations were made on the methods of evaluating the concrete strength in structure, defined here as the compressive strength of core specimens at 91 days. The results obtained indicate that, when the maximum temperature of the concrete is the structure does not exceed $60^{\circ}C$, the concrete strength in structure at the age of long-term will generally be greater than the compressive strength of the standard-curing specimens at 28 days, allowing one to evaluate the strength of the structural concrete in terms of the compressive strength of the 28-days standard-curing specimens. When, on the other hand, the maximum temperature of the concrete in the structure exceeds $60^{\circ}C$, the strength in concrete structure may be smaller than the compressive strength of the 28-days standard-curing specimens, creating risks in the evaluation of the concrete strength in structure by latter.

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Design of Management Structure Measuring Integrated Monitoring System Based on Linked Open Data

  • Min, Byung-Won;Okazaki, Yasuhisa;Oh, Yong-Sun
    • Proceedings of the Korea Contents Association Conference
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    • 2016.05a
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    • pp.255-256
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    • 2016
  • In this paper, we analyze the operations and/or status of our structure which builds the management structure measuring integrated monitoring system based on linked open data in a short term or long term bases. We have applied a novel analyzing method of linked open data to expect what movements can be occurred in the structure, and we improve the monitoring system using an integrated design to solve the drawbacks of conventional types of monitoring. And collecting data through cloud and their reliability can be proved by evaluation of soundness of data amount and their confidence.

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The Multisector Model of the Korean Economy: Structure and Coefficients (한국경제(韓國經濟)의 다부문모형(多部門模型) : 모형구조(模型構造)와 추정결과(推定結果))

  • Park, Jun-kyung;Kim, Jung-ho
    • KDI Journal of Economic Policy
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    • v.12 no.4
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    • pp.3-20
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    • 1990
  • The multisector model is designed to analyze and forecast structural change in industrial output, employment, capital and relative price as well as macroeconomic change in aggregate income, interest rate, etc. This model has 25 industrial sectors, containing about 1,300 equations. Therefore, this model is characterized by detailed structural disaggregation at the sectoral level. Individual industries are based on many of the economic relationships in the model. This is what distinguishes a multisector model from a macroeconomic model. Each industry is a behavioral agent in the model for industrial investment, employment, prices, wages, and intermediate demand. The strength of the model lies in the simulating the interactions between different industries. The result of its simulation will be introduced in the next paper. In this paper, we only introduce the structure of the multisector model and the coefficients of the equations. The multisector model is a dynamic model-that is, it solves year by year into the future using its own solutions for earlier years. The development of a dynamic, year-by-year solution allows us to combine the change in structure with a consideration of the dynamic adjustment required. These dynamics have obvious advantages in the use of the multisector model for industrial planning. The multisector model is a medium-term and long-term model. Whereas a short-term model can taken the labor supply and capital stock as given, a long-term model must acknowledge that these are determined endogenously. Changes in the medium-term can be analyzed in the context of long-term structural changes. The structure of this model can be summarized as follow. The difference in domestic and world prices affects industrial structure and the pattern of international trade; domestic output and factor price affect factor demand; factor demand and factor price affect industrial income; industrial income and relative price affect industrial consumption. Technical progress, as measured in terms of total factor productivity and relative price affect input-output coefficients; input-output coefficients and relative price determine the industrial input cost; input cost and import price determine domestic price. The differences in productivity and wage growth among different industries affect the relative price.

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Estimating the Term Structure of Interest Rates Using Mixture of Weighted Least Squares Support Vector Machines (가중 최소제곱 서포트벡터기계의 혼합모형을 이용한 수익률 기간구조 추정)

  • Nau, Sung-Kyun;Shim, Joo-Yong;Hwang, Chang-Ha
    • The Korean Journal of Applied Statistics
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    • v.21 no.1
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    • pp.159-168
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    • 2008
  • Since the term structure of interest rates (TSIR) has longitudinal data, we should consider as input variables both time left to maturity and time simultaneously to get a more useful and more efficient function estimation. However, since the resulting data set becomes very large, we need to develop a fast and reliable estimation method for large data set. Furthermore, it tends to overestimate TSIR because data are correlated. To solve these problems we propose a mixture of weighted least squares support vector machines. We recognize that the estimate is well smoothed and well explains effects of the third stock market crash in USA through applying the proposed method to the US Treasury bonds data.

The Impact of Capital Structure on Firm Performance: Evidence from Vietnam

  • NGUYEN, Hieu Thanh;NGUYEN, Anh Huu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.4
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    • pp.97-105
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    • 2020
  • This paper explores the impact of capital structure on firm performance in the context of Vietnam. The paper investigates the different effect of capital structure on firm performance in state-owned and non-state enterprises listed on the Vietnam stock market. The panel data of research sample includes 488 non-financial listed companies on the Vietnam stock market for a period of six years, from 2013 to 2018. The Generalized Least Square (GLS) is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, firm performance is measured by return on equity (ROE), return on assets (ROA), and earnings per share (EPS). The ratios of short-term liabilities, long-term liabilities, and total liabilities to total assets are proxy for capital structure. Firm sizes, growth rate, liquidity, and ratio of fixed assets to total assets are control variables in the study. The empirical results show that capital structure has a statistically significant negative effect on the firm performance. The result also shows this effect is stronger in state-owned enterprises than non-state enterprises in Vietnam. These evidences provide a new insight to managers of both state-owned and non-state enterprises on how to improve the firm's performance with capital structure.

Long-Term Characteristics on Flexural Performance of Steel Fiber Reinforced Concrete Continuous Slab (강섬유보강콘크리트 연속슬래브 휨성능의 장기거동 특성)

  • Hong, Geon-Ho;Jung, Seong-Won
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.10
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    • pp.163-170
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    • 2019
  • In spite of various advantages, steel fiber reinforced concrete is still limited in its use due to the insufficient research results on the structural performance and design criteria. This study evaluated the long-term behavior of the steel fiber reinforced concrete slabs by long-term loading experiments based on the short-term load bearing capacity of steel fiber reinforced concrete slabs obtained from previous studies. In this study, long-term loading experiments were carried out on Total four 2-span continuous slab specimens were tested for examining the long-term behavior of steel fiber reinforced concrete members. Long-term behavior characteristics of members were evaluated by measuring the long-term deflection, drying shrinkage, the number and width of cracks. Experimental results showed that the instant deflection of the steel fiber reinforced concrete slab is about 50% of the normal reinforced concrete slab. And, it was analyzed that the long-term deflection of the specimen using steel fiber reinforced concrete was about 10~20% lower than that of normal concrete by the long-term deflection over 100 days. In addition, the slab specimen using steel fiber reinforced concrete was evaluated to have just 70% of the number and width of cracks compared with normal concrete specimens.

Fuzzy sliding mode controllers for high performance control of AC servo motors (AC 서보 모터의 고성능 제어를 위한 퍼지 슬라이딩 모드 제어기)

  • 김광수;조동일
    • 제어로봇시스템학회:학술대회논문집
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    • 1997.10a
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    • pp.732-735
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    • 1997
  • Variable Structure Controller(VSC) is usually known to have robustness to bounded exogenous disturbances. The robustness is attributed to the discontinuous term in the control input. However, this discontinuous term also causes an undesirable effect called chattering. To alleviate chattering, a hybrid controller consisting of VSC and Fuzzy Logic Controller(FLC) is proposed, which belongs to the category of Fuzzy Sliding Mode Controller(FSMC). The role of FLC in FSMC is to replace a fixed gain of a discontinuous term with a time-varying one based on a specified rule base. The characteristics of proposed controller are shown to be similar to those of VSC with a saturation function instead of sign function. The only remarkable difference is the nonlinearity whose form can be adjusted by free parameters, normalize gain, denormalize gain, and membership functions. Applied to AC servo motor, the proposed controller is compared with VSC in a regulation problem as well as a speed tracking problem. The simulation results show a substantial chatter reduction.

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