• ETRI Journal
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• v.37 no.6
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• pp.1077-1086
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• 2015

This paper presents a general-purpose design scheme of a filter bank (FB)-based radio frequency (RF) transceiver that operates across the entire ultra-high frequency (UHF) TV band from 470 MHz to 698 MHz and complies with the TV white space (TVWS) regulatory requirements. To this end, an intermediate frequency (IF) band-pass filter (BPF) with a sharp skirt characteristic is considered as a solution for handling the incoming signals from a baseband modem. Specifically, an FB-based BPF structure with four ceramic resonator filters that effectively rejects unwanted signals is proposed to extract a desired signal in the TV band. Achievable data rates of a cognitive radio system (CRS) employing the proposed FB-based RF transceiver at the application layer are investigated in both wired and wireless environments. The service coverage of the CRS network is measured according to several modulation and coding schemes (MCSs) of the CRS. The results show that the coverage of a wireless network in a nearly open area can be extended by more than 9.3 km in the TVWS. Experimental results also confirm that the proposed FB-based RF transceiver is adequate for utilization in TVWS applications.

• KDI Journal of Economic Policy
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• v.43 no.3
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• pp.1-32
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• 2021

With CB data in South Korea, this study examines whether the credit risk of borrowers changes when the regulation on bank mortgage supply is relaxed. We analyze the effect of deregulation on LTV and DTI limits in the Seoul-metropolitan area in August 2014 with a difference-in-difference approach. We find that the probability of delinquency is lower in the Seoul metropolitan area after the deregulation than in other urban areas. The effect is noticeable among low-income and low-credit borrowers. We also find that borrowers change their debt structure to reduce the interest costs utilizing their improved access to bank mortgages. The findings suggest the necessity to consider the burden of the high interest costs of unsecured loans for debtors with low incomes and low credit ratings in designing housing finance regulations.

• Journal of Distribution Science
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• v.15 no.12
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• pp.53-60
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• 2017

Purpose - This paper analyzes the effect of the handset subsidy and the Mobile Number Portability subscriber subsidy regulation, which are the main regulation adopted in "Law on the Improvement of the Mobile Terminal Distribution System" (Mobile Terminal Distribution Act), on the social surplus, the consumer surplus and profits of telecommunications carriers. We focus our analysis on whether the service charge competition is stimulated enough so that it can compensate for the loss of subsidies. Research design, data, and methodology - We use simple economic model to assess the impact of the handset subsidy and the Mobile Number Portability subscriber subsidy regulation. Unlike the former researches on this topic, we depart from using Hotelling model, and instead use the switching cost model, which uses switching cost as a parameter of market powers of telecommunications carriers. We also study the effect of the two different regulations when they are adopted both independently and concurrently. Results - If the market powers of telecommunications carriers are over certain threshold, contrary to the regulatory agency's assertion, the service charge competition would not be stimulated enough to compensate for the deduction in the subsidies, and thus the consumer surplus is compromised. Number Portability subsidy, especially, undermines the rival's market power and thus reduces the service charge. On the other hand, the regulations will also increase the profits of telecommunications carriers. However, social surplus is maximized when both of the regulations are present because the regulations reduces the frequency of switching handsets inefficiently. Conclusions - In enacting the Mobile Terminal Distribution Act, the telecommunications regulatory agency asserted that the regulation on subsidies will stimulate service charge competition, and in the long run, enhance the consumer surplus. However, contrary to the regulatory agency's assertion, subsidy regulation, especially the regulation on Number Portability subsidy, reduces consumer surplus. On the other hand, the Mobile Terminal Distribution Act can also increase the profits of telecommunications carriers because it decreases competition among the telecommunications carriers. However, the Mobile Terminal Distribution Act can increase the social surplus because it reduces inefficient switching of handsets.

• The Korean Journal of Financial Management
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• v.26 no.3
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• pp.171-198
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• 2009

The primary purpose of this study is to examine the impact of new BIS regulation, which is the preparations to incorporate not only credit risk but also market and operation risk, on the bank behaviors. As methodology, SUR(seemingly unrelated regression) and pool unit test are used in the empirical analysis of banks survived in Korea. It is employed that quarterly data of BIS capital ratio, ratio of standard and below loans to total loans, ratio of liquid assets to liquid liabilities, allowances for credit losses, real GDP, yields of corporate bonds(3years, AA) covering the period of 2000Q1~2009Q1. As a result, it could be indicated that effectiveness and promoting improvements of BIS capital regulation policy as follows; First, it is explicitly seen that weight of lending had decreased and specific gravity of international investment had increased until before BIS regulation is built up a step for revised agreement in late 2001. Second, after more strengthening of BIS standard in late 2002, banks had a tendency to decrease the adjustment of assets weighted risk through issuing of national loan that is comparatively low profitability. Also, it is implicitly sought that BIS regulation is a bit of a factor to bring about credit crunch and then has become a bit of a factor of economic stagnation. Third, as the BIS regulation became hard, it let have a effort to raise the soundness of a credit loan because of selecting good debtor based on its credit ratings. Fourth, it should be arranged that the market disciplines, the effective superintendence system and the sound environment to be able to raise enormous bank capital easily, against the credit stringency and reinforce the soundness of banks etc. in Korea capital market.

• KDI Journal of Economic Policy
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• v.39 no.4
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• pp.51-68
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• 2017

This paper adapts the World Bank Regulatory Quality Index (RQI), which is produced annually to provide a better understanding of the effects of regulatory reforms, instead of the Production Market Regulation (PMR) indicators, which are published every five years. We find that 9.9 to 36.0 billion USD worth of regulatory cost could be reduced if the regulatory quality in Korea improves to the level of the OECD average considering that the total burden of regulation in Korea is estimated to range from 2.2 to 357.4 billion USD. The estimated reduction in the regulatory cost accounts for roughly 0.76 to 2.47% of Korea's GDP in 2013, underscoring the importance of regulatory reforms for the Korean economy. This paper introduces a new method with which to examine the distribution of regulatory costs across different industries and firm sizes. This alternative method is largely consistent with the conclusions reached by other studies, specifically that small firms typically bear a disproportionate regulatory burden.

• Journal of Aerospace System Engineering
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• v.8 no.3
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• pp.20-26
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• 2014

This paper presents the procedures and the results of the pitch control force via flight test for a light airplane in order to make out the stability of the aircraft and the compliance with concerned regulation. The flight test procedures were determined in order to obtain the aircraft type certification. The instrumentation equipments including airspeed indicator, accelerometer, and pitch control force measurement tools are used to perform the flight test. For the flight test, the airspeed and the pitch control force with related normal acceleration are measured sustaining turn flight with bank angle derived from trim speed. The flight test results showed that the handling qualities of the airplane are complied with the KAS-23, the regulation of the Korean government for the light airplane type certification.

• The Journal of the Korea Contents Association
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• v.13 no.5
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• pp.485-492
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• 2013

The point sand bars of Hahoi Village on Nakdong River have undergone considerable changes including fluvial and vegetation characteristics due to flood regulation by the dams constructed upstream. In this study, the numerical fluvial/sediment and water quality model, KU-RLMS, is applied to the aquatic area near Hahoi Village (middle/upper region of the Nakdong River) for clarifying the mechanisms of changes in hydraulic and aquatic characteristics. The fixed-bed hydraulic experiment was carried out for horizontal two-dimensional numerical model. The numerical simulation reveals that flow is accelerated near the left bank of Booyongdae downstream of the Hahoi Village area. Circulatory flow pattern was observed at the right bank downstream of Hahoi Village. The simulation was in good agreement with the hydraulic/physical experiment. For the discharge of design flood, at the area of circulatory flow pattern, the superelevation of about 1.0 m at the right bank was predicted compared to the left bank of high flow velocity, which is also in good agreement with hydraulic experiment.

• Journal of Digital Convergence
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• v.15 no.12
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• pp.111-126
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• 2017

Korea came to see its first internet bank as 'K bank' obtained the digital-only banking license in December 2016. This paper suggests ways to foster internet banks of Korea in their early stage by analyzing the successful cases of overseas internet banks. The followings are the key success factors identified from those cases across Europe, Japan, China, and USA: Support from the related government authorities; Stable governance structure; Distinct business capabilities based on information & communications technology(ICT). These points lead to the following implications for Korean internet banks. Regulatory restrictions on owning and running internet banks should be lifted to facilitate innovation. Policies to support internet bank industry should be introduced as it is a vital part of the 4th industrial revolution. Finally, internet banks should strive to differentiate themselves by utilizing their ICT capabilities. Subjects of the further research hereafter should include the following: Analyzing the ongoing performance and developments of digital banks in Korea; Deriving success factors from the analysis; Assessing the influence and effects on financial market and economic environment.

• Journal of the Korean Institute of Intelligent Systems
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• v.16 no.6
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• pp.753-758
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• 2006

We present the development of the digital fuzzy controller for maximum power regulation. A hybrid system that comprises wind and photovoltaic generation subsystems, and battery bank is developed in this paper. We use Takaki-Sugeno (T-S) fuzzy model to deal with the power regulation problem, since each power generator has complex nonlinear terms. The problem for regulation control can be simplified into a stabilization one. Also, in order to utilize the advanced digital device, we perform the intelligent digital redesign method. Finally, the performance of the proposed controller is extensively assessed through computer simulation.

• Journal of Industrial Technology
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• v.29 no.B
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• pp.221-228
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• 2009

For a stable supply of electric power, periodical inspection of the electric facilities and repair of the distribution lines are required. In case of any unexpected accidents, looped operation among distribution lines may be necessary in order to supply electricity through the sound lines, separating the faulted lines. As a result of this study, it was found that normal looped operation became impossible when phase difference of the looped distribution lines is more than 3 degrees compared with the voltage supply of the distribution lines. Therefore, for a stable supply of electric power to Chuncheon, it is judged to be desirable that looped operation of the distribution lines coming from the same substation M. Tr Bank shall be performed in principle and in case of looped operation with the substation of different system, looped operation among the lines shall be performed after voltage regulation of the substation M. Tr Bank, maintaining similar voltages and load supply volume in order to avoid phase difference through checking the operation conditions of each substation M. Tr Banks. And when looped operation among the distribution lines is scheduled, voltage regulation schedule has been established so far by calculating maximum supply volume through the transformer of the substation and the maximum load volume through the distribution lines but in the future, looped operation of the distribution lines shall be carried out by removing voltage difference with regulating tap or load of the surrounding transformers, with giving prior notice to the substation operators.