• Title/Summary/Keyword: Yield Curve

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Experimental and numerical analysis of seismic behaviour for recycled aggregate concrete filled circular steel tube frames

  • Xianggang Zhang;Gaoqiang Zhou;Xuyan Liu;Yuhui Fan;Ercong Meng;Junna Yang;Yajun Huang
    • Computers and Concrete
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    • v.31 no.6
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    • pp.537-543
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    • 2023
  • To study the seismic behavior of recycled aggregate concrete filled circular steel tube (RACFCST) frames, the seismic behavior experiment of RACFCST frame was carried out to measure the hysteresis curve, skeleton curve and other seismic behavior indexes. Moreover, based on the experimental study, a feasible numerical analysis model was established to analyze the finite element parameters of 8 RACFCST frame specimens, and the influence of different variation parameters on the seismic behavior index for RACFCST frame was revealed. The results showed that the skeleton curve of specimens under different axial compression ratios were divided into three stages: elastic stage, elastic-plastic stage and descending stage, and the descending stage was relatively stable, indicating that the specimen had stronger deformation capacity in the descending stage. With the increase of axial compression ratio, the peak bearing capacity of all specimens reduced gradually, and the reduction was less than 5%. With the decrease of beam-column linear stiffness ratio, the peak bearing capacity decreased gradually. With the decrease of yield bending moment ratio of beam-column, the peak bearing capacity decreased gradually, and the decreasing rate of peak bearing capacity gradually accelerated. In addition, compared with the axial compression ratio, the beam-column linear stiffness ratio and the yield bending moment ratio of beam-column had a more significant influence on the peak bearing capacity of RACFCST frame.

Forecasting Government Bond Yields in Thailand: A Bayesian VAR Approach

  • BUABAN, Wantana;SETHAPRAMOTE, Yuthana
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.3
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    • pp.181-193
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    • 2022
  • This paper seeks to investigate major macroeconomic factors and bond yield interactions in Thai bond markets, with the goal of forecasting future bond yields. This study examines the best predictive yields for future bond yields at different maturities of 1-, 3-, 5-, 7-, and 10-years using time series data of economic indicators covering the period from 1998 to 2020. The empirical findings support the hypothesis that macroeconomic factors influence bond yield fluctuations. In terms of forecasting future bond yields, static predictions reveal that in most cases, the BVAR model offers the best predictivity of bond rates at various maturities. Furthermore, the BVAR model has the best performance in dynamic rolling-window, forecasting bond yields with various maturities for 2-, 4-, and 8-quarters. The findings of this study imply that the BVAR model forecasts future yields more accurately and consistently than other competitive models. Our research could help policymakers and investors predict bond yield changes, which could be important in macroeconomic policy development.

On the direct strength and effective yield strength method design of medium and high strength steel welded square section columns with slender plate elements

  • Shen, Hong-Xia
    • Steel and Composite Structures
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    • v.17 no.4
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    • pp.497-516
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    • 2014
  • The ultimate carrying capacity of axially loaded welded square box section members made of medium and high strength steels (nominal yield stresses varying from 345 MPa to 460 MPa), with large width-to-thickness ratios ranging from 35 to 70, is analyzed by finite element method (FEM). At the same time, the numerical results are compared with the predicted results using Direct Strength Method (DSM), modified DSM and Effective Yield Strength Method (EYSM). It shows that curve a, rather than curve b recommended in Code for design of steel structures GB50017-2003, should be used to check the local-overall interaction buckling strength of welded square section columns fabricated from medium and high strength steels when using DSM, modified DSM and EYSM. Despite all this, EYSM is conservative. Compared to EYSM and modified DSM, DSM provides a better prediction of the ultimate capacities of welded square box compression members with large width-thickness ratios over a wide range of width-thickness ratios, slenderness ratios and steel grades. However, for high strength steels (nominal yield strength greater than 460 MPa), the numerical and existent experimental results indicate that DSM overestimates the load-carrying capacities of the columns with width-thickness ratio smaller than 45 and slenderness ratio less than 80. Further, for the purpose of making it suitable for a wider scope, DSM has been modified (called proposed modified DSM). The proposed modified DSM is in excellent agreement with the numerical and existing experimental results.

An Exploratory Study on the New Product Demand Curve Estimation Using Online Auction Data

  • Shim Seon-Young;Lee Byung-Tae
    • Management Science and Financial Engineering
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    • v.11 no.3
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    • pp.125-136
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    • 2005
  • As the importance of time-based competition is increasing, information systems for supporting the immediate decision making is strongly required. Especially high -tech product firms are under extreme pressure of rapid response to the demand side due to relatively short life cycle of the product. Therefore, the objective of our research is proposing a framework of estimating demand curve based on e-auction data, which is extremely easy to access and well reflect the limited demand curve in that channel. Firstly, we identify the advantages of using e-auction data for full demand curve estimation and then verify it using Agent-Eased-Modeling and Tobin's censored regression model.

Prediction of Stress-strain Behavior for Anisotropic Consolidated Compacted Decomposed Granite Soil (비등방 압밀된 다짐화강풍화토의 응력-변형률 거동 예측)

  • 정진섭;양재혁
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.45 no.2
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    • pp.86-95
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    • 2003
  • During this study, constant stress ratio tests with previous compression anisotropic stress history are performed on compacted decomposed granite soil sampled at Iksan, Jeonbuk. Yielding points are determined from stress-strain curves. The shape and characteristics of compression anisotropic yield curves is examined. In addition, the measured value of yielding curve and stress-strain behavior is predicted by Yasufuku's anisotropic constitutive model based on non-associated flow rule. The main results are summarized as follows : 1) Shape of yielding curves shows almost ellipse but asymmetry with respect to stress path during previous consolidation stress. 2) Yasufuku's anisotropic constitutive model is suitable in evaluation of yielding curves on anisotropic consolidated decomposed granite soil. 3) The predicted stress-strain curve shows reasonable agreement to measured behaviours.

Mathematical Expressions for Stress-Strain Curve of Metallic Material (금속재료 응력-변형률 곡선의 수학적 표현들)

  • Hyun, Hong-Chul;Lee, Jin-Haeng;Lee, Hyung-Yil
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.32 no.1
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    • pp.21-28
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    • 2008
  • Stress-strain curves based on Ramberg-Osgood and Hollomon relations are strongly dependent upon the regressed range of strain. This work investigates mathematical expressions of true stress-strain curves of metallic materials. We first observe the variation of yield strength, strain hardening exponent and stress-strain curve with regressed range of stain. Based on sectional regression and expression using one or two parameters, we propose an optimal strain range for which yield strength and nonlinear material behavior are quite appropriate.

Influences of Calving Year, Calving Season and Parity on the Lactation Curve of Korean Cattle (분만년도, 계절 및 산차가 한우의 비유곡선에 미치는 영향)

  • Hwang, J.M.;Choi, J.K.;Jeon, K.J.;Na, K.J.;Yuh, I.S.;Yang, B.K.;Lee, C.;Kim, J.B.
    • Journal of Animal Science and Technology
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    • v.44 no.6
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    • pp.661-668
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    • 2002
  • This study was conducted to investigate the effect of environmental factor on milk yield and to estimate lactation curve in Korean cattle. The data for milk yields were collected from 118 cows from 1997 to 2000 at National Livestock Research Institute in Daekwanryoung, Kangwon-do. Average daily milk yields for 1st, 2nd, 3rd and 4th month after calving were 3.74kg, 3.64kg, 3.26kg and 2.99kg. Average daily milk yield for the four months was 3.52kg. The milk yields for cows calved in spring were larger than those calved in fall. Lactation curve of Korean cattle was $y_n$=$2.4845n^{0.1734}e^{-0.0060n}$. Peak milk yield was 3.75kg on 29.03 day after calving. The peak milk yields for multi-parous cows were larger than those of primiparous cows. The peak milk yields for multi-parous cows reached later than those for primiparous cows. The cows calved in spring had higher and earlier peak milk yields than those calved in fall had.

Yield Functions Based on the Stress Invariants J2 and J3 and its Application to Anisotropic Sheet Materials (J2 와 J3 불변량에 기초한 항복함수의 제안과 이방성 판재에의 적용)

  • Kim, Y.S;Nguyen, P.V.;Kim, J.J.
    • Transactions of Materials Processing
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    • v.31 no.4
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    • pp.214-228
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    • 2022
  • The yield criterion, or called yield function, plays an important role in the study of plastic working of a sheet because it governs the plastic deformation properties of the sheet during plastic forming process. In this paper, we propose a novel anisotropic yield function useful for describing the plastic behavior of various anisotropic sheets. The proposed yield function includes the anisotropic version of the second stress invariant J2 and the third stress invariant J3. The anisotropic yield function newly proposed in this study is as follows. F(J2)+ αG(J3)+ βH (J2 × J3) = km The proposed yield function well explains the anisotropic plastic behavior of various sheets by introducing the parameters α and β, and also exhibits both symmetrical and asymmetrical yield surfaces. The parameters included in the proposed model are determined through an optimization algorithm from uniaxial and biaxial experimental data under proportional loading path. In this study, the validity of the proposed anisotropic yield function was verified by comparing the yield surface shape, normalized uniaxial yield stress value, and Lankford's anisotropic coefficient R-value derived with the experimental results. Application for the proposed anisotropic yield function to aluminum sheet shows symmetrical yielding behavior and to pure titanium sheet shows asymmetric yielding behavior, it was shown that the yield curve and yield behavior of various types of sheet materials can be predicted reasonably by using the proposed new yield anisotropic function.

Scaling analysis of electrorheological poly(naphthalene quinone) radical suspensions

  • Min S. Cho;Park, Hyoung J.
    • Korea-Australia Rheology Journal
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    • v.12 no.3_4
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    • pp.151-155
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    • 2000
  • A semiconducting poly(naphthalene quinone) radical (PNQR) was synthesized from Friedel-Craft acylation between naphthalene and phthalic anhydride and used as dispersing particles of a dry-base electrorheological (ER) material in silicone oil. Under an applied electric field (E), the dynamic yield stress (${\tau}_{dyn}$) of this ER fluid, obtained from a steady shear experiment with a controlled shear rate mode, was observed to increase with $E^{1.45}$ Based on this relationship, we propose a universal correlation curve for shear viscosity, which is independent of E using a scaling analysis.

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Seismic structural demands and inelastic deformation ratios: a theoretical approach

  • Chikh, Benazouz;Mebarki, Ahmed;Laouami, Nacer;Leblouba, Moussa;Mehani, Youcef;Hadid, Mohamed;Kibboua, Abderrahmane;Benouar, Djilali
    • Earthquakes and Structures
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    • v.12 no.4
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    • pp.397-407
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    • 2017
  • To estimate the structural seismic demand, some methods are based on an equivalent linear system such as the Capacity Spectrum Method, the N2 method and the Equivalent Linearization method. Another category, widely investigated, is based on displacement correction such as the Displacement Coefficient Method and the Coefficient Method. Its basic concept consists in converting the elastic linear displacement of an equivalent Single Degree of Freedom system (SDOF) into a corresponding inelastic displacement. It relies on adequate modifying or reduction coefficient such as the inelastic deformation ratio which is usually developed for systems with known ductility factors ($C_{\mu}$) and ($C_R$) for known yield-strength reduction factor. The present paper proposes a rational approach which estimates this inelastic deformation ratio for SDOF bilinear systems by rigorous nonlinear analysis. It proposes a new inelastic deformation ratio which unifies and combines both $C_{\mu}$ and $C_R$ effects. It is defined by the ratio between the inelastic and elastic maximum lateral displacement demands. Three options are investigated in order to express the inelastic response spectra in terms of: ductility demand, yield strength reduction factor, and inelastic deformation ratio which depends on the period, the post-to-preyield stiffness ratio, the yield strength and the peak ground acceleration. This new inelastic deformation ratio ($C_{\eta}$) is describes the response spectra and is related to the capacity curve (pushover curve): normalized yield strength coefficient (${\eta}$), post-to-preyield stiffness ratio (${\alpha}$), natural period (T), peak ductility factor (${\mu}$), and the yield strength reduction factor ($R_y$). For illustrative purposes, instantaneous ductility demand and yield strength reduction factor for a SDOF system subject to various recorded motions (El-Centro 1940 (N/S), Boumerdes: Algeria 2003). The method accuracy is investigated and compared to classical formulations, for various hysteretic models and values of the normalized yield strength coefficient (${\eta}$), post-to-preyield stiffness ratio (${\alpha}$), and natural period (T). Though the ductility demand and yield strength reduction factor differ greatly for some given T and ${\eta}$ ranges, they remain take close when ${\eta}>1$, whereas they are equal to 1 for periods $T{\geq}1s$.