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The Effectiveness of Macroprudential Policy on Credit Growth at Bank-Level Data in Vietnam

  • NGUYEN, Hau Trung;PHAM, Anh Thi Hoang;DANG, Thuy T.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.325-334
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    • 2021
  • The study investigates the effectiveness of the macroprudential policy on credit growth in Vietnam. The authors use the logic of the transmission mechanism of macroprudential policy on credit growth. Research variables include economic growth, inflation, interest rate, and quarterly bank-level data from 28 commercial banks in Vietnam during 2011-2018. The results reveal that: (i) GDP growth had a positive impact on credit growth of small banks but had no impact on large banks, (ii) Domestic Systemically Important Banks (D-SIBs) and small banks respond differently to macroprudential measures of imposing different credit growth targets for different bank groups, (iii) Restrictions on foreign currency loans are found to be effective in curbing credit growth for the full sample and small banks, (iv) Inflation and economic cycle have significantly impacted credit growth at bank-level in Vietnam and (v) Interestingly, a significant positive relationship between interest rates and credit growth is found for the full sample and D-SIBs in Vietnam. The findings suggest that a stable macroeconomic environment should be good conditions for financial stability, and monetary authority should pay more attention to small banks' behaviors than D-SIBs behavior, toward such "administration" tools since small banks tend to prefer "breaking the rules" to make profits.

A Mechanism Study on Formation and Reduction of Residual Li of High Nickel Cathode for Lithium-ion Batteries (층상계 하이니켈 양극재의 잔류 리튬 생성 및 저감 메커니즘 연구)

  • MinWook, Pin;Beom Tak, Na;Tae Eun, Hong;Youngjin, Kim
    • Journal of Industrial Technology
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    • v.42 no.1
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    • pp.7-12
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    • 2022
  • High nickel layered oxide cathodes are gaining increasing attention for lithium-ion batteries due to their higher energy density and lower cost compared to LiCoO2. However, they suffer from the formation of residual lithium on the surface in the form of LiOH and Li2CO3 on exposure to ambient air. The residual lithium causes notorious issues, such as slurry gelation during electrode preparation and gas evolution during cell cycling. In this review, we investigate the residual lithium issues through its impact on cathode slurry instability based on deformed polyvinylidene fluoride (PVdF) as well as its formation and reduction mechanism in terms of inherently off-stoichiometric synthesis of high nickel cathodes. Additionally, new analysis method with anhydrous methanol was introduced to exclude Li+/H+ exchange effect during sample preparation with distilled water. We hope that this review would contribute to encouraging the academic efforts to consider practical aspects and mitigation in global high-energy-density lithium-ion battery manufacturers.

A survey on cooperative fault-tolerant control for multiagent systems

  • Pu Zhang;Di Zhao;Xiangjie Kong;Jialong, Zhang;Lei Li
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.18 no.6
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    • pp.1431-1448
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    • 2024
  • Complexity science is a new stage in the development of systems science that is the frontier areas of contemporary scientific development. Complexity science takes complex systems as the research object, which has attracted widespread attention from researchers in the fields of economy, control, management, and society. In recent years, with the rapid development of science and technology and people's deepening understanding for the theory of complex systems, the systems are no longer an object with a single function, but the systems are composed of multiple individuals with autonomous capabilities through cooperative and cooperation, namely multi-agent system (MAS). Currently, MAS is one of the main models for studying such complex systems. The intelligent control is to break the traditional multi-agent fault-tolerant control (FTC) concept and produce a new type of compensation mechanism. In this paper, the applications of fault-tolerant control methods for MASs are presented, and a discussion is given about development and challenges in this field.

Different mechanism of visual attention in anxious and non-anxious population (부정자극 지각에 관련된 불안인과 정상인의 공간주의 비교연구)

  • Choi, Moon-Gee;Koo, Min-Mo;Park, Kun-Woo;Nam, Ki-Chun
    • Korean Journal of Cognitive Science
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    • v.20 no.1
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    • pp.51-77
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    • 2009
  • Using a modified Posner's cue-target paradigm, we investigated whether negative cues attract more attention than neutral cues in anxious people. Previous studies used commonly an unbalanced proportion of valid and invalid trials(75% vs. 25% respectively). But in the present study, an equivalent proportion of valid and invalids trials was used for measuring detection speed of cues without participant's expectancy caused by the unbalanced proportion. Emotional words(Experiment 1) and facial expressions(Experiment 2) were used as cues for target locations. The result of Experiment 1 and 2 showed that threatening cues facilitated target detection in valid trials and interfered with it in invalid trials in anxious participants and a, reverse response patterns were found in non-anxious participants. This indicates that threatening cues attract more attention to the cued location in anxious people and in contrast, non-anxious people avoid threatening stimuli. In Experiment 3, we investigated the difference of validity effect across anxiety levels. The results showed that anxious participants gave less attention to cued location when the cues were non-informative whereas non-anxious participants gave more attention to cued locations in the same condition. We discussed two kinds of cognitive bias caused by anxiety levels: attentional bias and proportion related bias.

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Thermogenesis and Motor Recruitment of the Pectoral Muscle During Shivering in Arousing Bats Murina Leucogaster

  • Choi, In-Ho;Lee, Youn Sun;Oh, Yung Keun;Jung, Noh-Pal;Gwag, Byoung Joo;Shin, Hyung-Cheul
    • Animal cells and systems
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    • v.5 no.1
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    • pp.31-35
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    • 2001
  • Temperate-resident bats exhibit a circadian cycle of torpor and arousal In summer. The physiological role and selective advantage of torpor as an energy saving mechanism have been received much attention by hibernation biologists. However, despite the significance of the recovering euthermic function, the arousal process and mechanism in these animals have been poorly addressed. In this study, we investigated thermogenic and motor activities of a local bat species Murina leucogaster during arousal by simultaneously examining oxygen consumption rate, body temperature ($T_b$) and pectoral electromyography (EMG). We found that Tb of the torpid bats (12-14$^{\circ}C$) was augmented slowly by nonshivering mechanism during the initial awakening phase. The pectoral shivering, gauged by EMG activity, occurred between 17$^{\circ}C$ and 38$^{\circ}C$. Over this Tb range of shivering, heat was produced at a rate of 0.145 kcal $kg^{-1}\;min^{-1}$ to raise 1$^{\circ}C$ $T_b$ per min. Shivering was most intensive at 30-35$^{\circ}C$ where both EMG amplitude and spike frequency were the highest. Activation of the pectoral myofibers seemed to be controlled in a manner that motor units were recruited from smaller to larger sizes, with greater synchronization, as muscle shivering became intensive with increasing $T_b$.

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Mortality and Epidemiology in 256 Cases of Pediatric Traumatic Brain Injury : Korean Neuro-Trauma Data Bank System (KNTDBS) 2010-2014

  • Jeong, Hee-Won;Choi, Seung-Won;Youm, Jin-Young;Lim, Jeong-Wook;Kwon, Hyon-Jo;Song, Shi-Hun
    • Journal of Korean Neurosurgical Society
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    • v.60 no.6
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    • pp.710-716
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    • 2017
  • Objective : Among pediatric injury, brain injury is a leading cause of death and disability. To improve outcomes, many developed countries built neurotrauma databank (NTDB) system but there was not established nationwide coverage NTDB until 2009 and there have been few studies on pediatric traumatic head injury (THI) patients in Korea. Therefore, we analyzed epidemiology and outcome from the big data of pediatric THI. Methods : We collected data on pediatric patients from 23 university hospitals including 9 regional trauma centers from 2010 to 2014 and analyzed their clinical factors (sex, age, initial Glasgow coma scale, cause and mechanism of head injury, presence of surgery). Results : Among all the 2617 THI patients, total number of pediatric patients was 256. The average age of the subjects was 9.07 (standard deviation${\pm}6.3$) years old. The male-to female ratio was 1.87 to 1 and male dominance increases with age. The most common cause for trauma were falls and traffic accidents. Age (p=0.007), surgery (p<0.001), mechanism of trauma (p=0.016), subdural hemorrhage (SDH) (p<0.001), diffuse axonal injury (DAI) (p<0.001) were statistically significant associated with severe brain injury. Conclusion : Falls were the most common cause of trauma, and age, surgery, mechanism of trauma, SDH, DAI increased with injury severity. There is a critical need for effective fall and traffic accidents prevention strategies for children, and we should give attention to these predicting factors for more effective care.

A Fast Universal Video Distribution Protocol For Video-On-Demand Systems (주문형 비디오 시스템을 위한 빠른 광범위한 비디오 배포 기법)

  • Kwon Hyeok Min
    • The KIPS Transactions:PartB
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    • v.11B no.7 s.96
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    • pp.803-812
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    • 2004
  • The performance of video-on-demand(VOD) systems is known to be mainly dependent on a scheduling mechanism which they employ. Broadcast-based scheduling schemes have attracted a lot of attention as an efficient way of distributing popular videos to very large client populations. The main motivations of broadcasting scheduling mechanisms are that they scale up extremely well and they have very modest bandwidth requirements. This paper studies this issue and proposes a new broadcasting scheduling mechanism, named fast universal video dis-tribution(FUVD). FUVD scheme dynamically constructs a video broadcasting schedule in response to client requests, and broadcasts video seg-ments according to this schedule. This paper also evaluates the performance of FUVD on the basis of a simulation approach. The simulation results indicate that FUVD protocol shows a superior performance over UD, CBHD, and NPB in terms of the average response time.

An Experimental Study on Margin Consistency of Prosthesis According to the Continued Time of Casting-Ring in the course of the Casting of Dental Alloy (치과용 합금 주조 시 주조링의 계류시간에 따른 보철물의 변연 적합도 실험에 관한 연구)

  • Hwang, Seong-Sig;Lee, Sang-Hyeok
    • Journal of Technologic Dentistry
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    • v.23 no.2
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    • pp.179-188
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    • 2002
  • With regard to the manufacture of dental prosthesis, all the dental mechanism is of vital significance at the aspect of activating its function by fixing the prosthesis to Patient's oral cavity. However, if there we will take our immediate action without the discretion about its process none the less for the importance of dental mechanism, then we might have a serious problem. Accordingly, there need to pay attention to the dilatability makes up for the shrinkage state occurring by the feature of metal materials and manufacturing process which appeared in the process of dental mechanism, which eventually is expected to playa very important role in casting a dental prosthesis appropriate to one's oral tissue. This study was designed to take into account of the effects on margin consistency of prosthesis according to the continued time of casting-ring in the course of the casting of dental alloy. For this, the researcher made an experiment on the casting of dental alloy, its dilatability, and the change of phase. The results of this study were as follows: First, the researcher could see that the sample which was cast under the condition of $650^{\circ}C/20$ Minutes(the continued time) was far superior to others at the aspect of margin consistency. Second, according to the measurement of expansion coefficient by Dilatometer, the researcher perceived the fact that the expansion-coefficient showed a maximum of $37.1{\mu}m$ considering the sample's length which was cast with ordinary temperature under the condition of $650^{\circ}C/20$ Minutes. Third, from the result of X-ray diffraction under the condition of $650^{\circ}C/20$ Minutes(the continued time), the researcher could find that there's no difference between the change of phase and its intensity. As mentioned above, the researcher could ascertain the fact that its contraction don't give rise to the change of phase.

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Diagnostic Studies of Plasmas in Saline Solutions: the Frequency Effects and the Electrode Erosion Mechanism

  • Hsu, Cheng-Che
    • Proceedings of the Korean Vacuum Society Conference
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    • 2011.02a
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    • pp.16-16
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    • 2011
  • Plasmas in saline solutions receive considerable attention in recent years. How the operating parameters influence the plasma characteristics and how the electrode erosion occurs have been topics that require further study. In the first part of this talk, the effect of the frequency on the plasmas characteristics in saline solution driven by 50~1000 Hz AC power will be presented. Two distinct modes, namely bubble and jetting modes, are identified. The bubble mode occurs under low frequencies. In this mode, one mm-sized bubble is tightly attached to the electrode tip and oscillates with the applied voltage. With an increase in the frequency, it shows the jetting mode, in which many smaller bubbles are continuous formed and jetted away from the electrode surface. Multiple mechanisms that are potentially responsible to such a change in bubble dynamics have been proposed and the dominant mechanism is identified. From the Stark broadening of the hydrogen optical emission line, electron densities in both modes are estimated. It shows clearly that the driving frequency greatly influences the bubble dynamics, which in turn alters the plasma behavior. In the second part, the study of the erosion of a tungsten electrode immersed in saline solution under conditions suitable for bio-medical applications is presented. The electrode is immersed in 0.1 M saline solution and is positively or negatively biased using a DC power source up to 600 V. It is identified that when the electrode is positively biased, erosion by the surface electrolytic oxidation is the dominant mechanism with an applied voltage below 150 V. An increase in the applied voltage leads to the formation of the plasma and the damage by the plasma and the thermal effect becomes more prominent. The formation of the gas film at the electrode surface leads to the formation of the plasma and hinders the electrolytic erosion. In the negatively-biased electrode, no electrolytic oxidation is seen and the damage is mostly likely due to the plasma erosion and the thermal effect.

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BLE-OTP Authorization Mechanism for iBeacon Network Security (iBeacon 네트워크 보안을 위한 BLE-OTP 인증 메커니즘)

  • Jung, Hyunhee;Shin, Dongryeol;Cho, Kwangsu;Nam, Choonsung
    • Journal of KIISE
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    • v.42 no.8
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    • pp.979-989
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    • 2015
  • Machine to Machine (M2M) technology has gained attention due to the fast diffusion of Internet of Things (IoT) technologies and smart devices. Most wireless network experts believe that Bluetooth Low Energy (BLE) Communications technology in an iBeacon network has amazing advantages in terms of providing communication services at a low cost in smartphone applications. Specifically, BLE does not require any pairing process during its communication phases, so it is possible to send a message to any node without incurring additional transmissions costs if they are within the BLE communication range. However, BLE does not require any security verification during communication, so it has weak security. Therefore, a security authorization process would be necessary to obtain customer confidence. To provide security functions for iBeacon, we think that the iBeacon Message Encryption process and a Decryption (Authorization) process should be designed and implemented. We therefore propose the BLE message Authorization Mechanism based on a One Time Password Algorithm (BLE-OTP). The effectiveness of our mechanism is evaluated by conducting a performance test on an attendance system based on BLE-OTP.