• Title/Summary/Keyword: horizons

Search Result 255, Processing Time 0.021 seconds

New Horizons in Health (건강에 관한 미래의 방향)

  • Yu, Gyeong-Hye
    • 월간산업보건
    • /
    • s.93
    • /
    • pp.16-20
    • /
    • 1996
  • 이글은 세계보건기구 서태평양 지역 사무처(처장 한상태 박사)에서 동지역의 과거와 현재의 사업에서 관찰되고 계획된 자료들을 기초로 마련된 것이다.

  • PDF

New Horizons in Health (건강에 관한 미래의 방향)

  • Yu, Gyeong-Hye
    • 월간산업보건
    • /
    • s.95
    • /
    • pp.12-18
    • /
    • 1996
  • 이글은 세계보건기구 서태평양 지역 사무처(처장 한상태 박사)에서 동지역의 과거와 현재의 사업에서 관찰되고 계획된 자료들을 기초로 마련된 것이다.

  • PDF

Data-Mining Bootstrap Procedure with Potential Predictors in Forecasting Models: Evidence from Eight Countries in the Asia-Pacific Stock Markets

  • Lee, Hojin
    • East Asian Economic Review
    • /
    • v.23 no.4
    • /
    • pp.333-351
    • /
    • 2019
  • We use a data-mining bootstrap procedure to investigate the predictability test in the eight Asia-Pacific regional stock markets using in-sample and out-of-sample forecasting models. We address ourselves to the data-mining bias issues by using the data-mining bootstrap procedure proposed by Inoue and Kilian and applied to the US stock market data by Rapach and Wohar. The empirical findings show that stock returns are predictable not only in-sample but out-of-sample in Hong Kong, Malaysia, Singapore, and Korea with a few exceptions for some forecasting horizons. However, we find some significant disparity between in-sample and out-of-sample predictability in the Korean stock market. For Hong Kong, Malaysia, and Singapore, stock returns have predictable components both in-sample and out-of-sample. For the US, Australia, and Canada, we do not find any evidence of return predictability in-sample and out-of-sample with a few exceptions. For Japan, stock returns have a predictable component with price-earnings ratio as a forecasting variable for some out-of-sample forecasting horizons.

Kalman filters with moving horizons (칼만필터의 응용에 관한 연구)

  • 권욱현;고명삼;박기헌
    • 전기의세계
    • /
    • v.29 no.7
    • /
    • pp.471-477
    • /
    • 1980
  • This paper deals with a modified Kalman filter. An approaching horizon with a suitable initial condition will be considered, which is a little different from the classical Kalman filter. It will be shown in this paper that the new filter with approaching horizons is not only easy to computer but also possesses asymptotic stability properties. Thus this new estimatoris an excellent compromise between the ease of computation and the strict sense of optimality. When this estimator is used for the standard problem, the error covariance bound has been obtained. It is shown that the new estimator can be used as a suboptimal estimator which has a stability property. It is also demonstrated that the steady state Kalman filter can be obtained from the moving horizon estimator by taking the horizon parameter as infinity.

  • PDF

Chemical Properties of Soil Solution under Larix leptolepis, Pinus koraiensis, and Quercus mongolica Stands (일본잎갈나무, 잣나무, 신갈나무 임분 토양의 층위별 토양수의 화학적 특성)

  • Ryu, Soung-Ryoul;Son, Yo-Whan
    • Korean Journal of Environmental Agriculture
    • /
    • v.17 no.4
    • /
    • pp.341-345
    • /
    • 1998
  • Soil solutions were collected by zero-tension lysimeters at Kwangju, Kyunggi Province to estimate differences in ion concentration among species and horizons. Zero-tension lysimeters were installed in O, A, and B horizons in Larix leptolepis, Pinus koraiensis, and Quercus mongolica stands. Soil solution samples were collected from September 1996 through August 1998 and analyzed for $K^+$, $NA^+$, $NH_4^+$, $Mg^{2+}$, $Ca^{2+}$, $Al^{3+}$, $Cl^-$, $SO_4^{2-}$, $NO_3^-$, and $PO_4^{3-}$. The experimental site had high nitrogen loading from the atmosphere, and $NO_3^-$ was positively correlated with $K^+$ and $Mg^{2+}$. However, $NO_3^-$ and $NH_4^+$ showed a positive correlation only in the O horizon of Q. mongolica stand. Mg^(2+) deficit in the soil was predicted owing to the positive relationship of $Mg^{2+}$ with $NO_3^-$. Concentrations of $K^+$ and $Ca^{2+}$in soil solution were estimated higher in L. leptolepis than in other stands because of high leaching from the plant. Concentration of $Al^{3+}$ in soil solution was negatively correlated with soil solution pH. Mean soil solution pH of A and B horizons in P. koraiensis was lower than 4.7, however the $Al^{3+}$ concentration was lower than the toxic level to plants.

  • PDF

An Analysis of he Foreign Exchange Exposure and Determinants (개별기업의 환노출과 결정요인에 관한 연구)

  • Lee, Hyon-Sok
    • The Korean Journal of Financial Management
    • /
    • v.21 no.2
    • /
    • pp.65-98
    • /
    • 2004
  • This paper analyzes the foreign exchange exposure and the influence of determinants on the significant exposure under various return horizons of US dollar and the Japanese yen. Also this research is extended to the existence of asymmetric exposures to foreign exchange risk. The exchange rate exposures exhibit significant time variations that are very large to represent changes in cash flow sensitivities, but the relation of the significant exposures and time variations is not monotonically increasing. The extent to which a firm is exposed to exchange rate fluctuations can be explained by the level of the growth potential, nm size and leverage. For the various return horizons, firms with a higher growth potential tend to have higher exposures. And the larger firms' exposures tend to be smaller. The influences of the level of export ratio and leverage vary with return horizons and each periods. It is found that the exposures of fins are asymmetric. The asymmetry is mainly explained by the market share hypothesis. The level of export ratio commonly influences the asymmetric exposures to the US dollar and the Japanese yen.

  • PDF