• Title/Summary/Keyword: local bank

검색결과 177건 처리시간 0.034초

Estimation of Nonlinear Impulse Responses of Stock Indices by Asset Class

  • Chang, Young-Jae
    • 응용통계연구
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    • 제25권2호
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    • pp.239-249
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    • 2012
  • We estimate nonlinear impulse responses of stock indices by asset class by the Local Projection method as suggested by Jorda (2005) to compute impulse responses. The method estimates impulse responses without the specification and estimation of the underlying multivariate dynamic system unlike the usual way of vector autoregression(VAR). It estimates Local Projections at each period of interest rather than extrapolating into increasingly distant horizons with the advantages of easy estimation and non-linear flexible specification. The Local Projection method adequately captures the nonlinearity and asymmetry of the impulse responses of the stock indices compared to those from VARs.

Pathogenicity of a Korean isolate of Pepper mild mottle virus and development of full-length cDNA clone for infectious in vitro transcripts

  • J.Y. Yoon;Park, J.K.;Y.M. Yu;K.H. Ryu
    • 한국식물병리학회:학술대회논문집
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    • 한국식물병리학회 2003년도 정기총회 및 추계학술발표회
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    • pp.143.3-144
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    • 2003
  • A Korean isolate of Pepper mild mottle virus (PMMoV-Kr) was isolated from a diseased pepper crop in Chunchon, Korea. The isolate was biologically purified on Nicoticaa tabacum cv. Xanthi-nc by successive single local transfer steps, and propagated on N. tabacum cv. Samsun. PMMoV-Kr could systemically infect on N. glauca, N. benthmiana, N. occidentalis and Lycopersicon esculentum, which is typical of known isolates of PMMoV. PMMoV-Kr belongs to the pathotype P1,2 based on pepper-tobamoviral indicator experiments; Capsicn chinone harboring L3 gene revealed resistant (necrotic local lesion on inoculated leaf, HR) whereas L+, L1 and L2 pepper plants expressed susceptible reactions of mosaic systemic symptoms for the isolate. To confirm the pathology and delineate symptom determinant of the isolate, full-length cDNAs of PMMoV-Kr were amplified by RT-PCR with a primer set corresponding to the 5'- and 3'-ends of PMMoV. The RT-PCR molecules amplified from genome RNA of the isolate was cloned into the pUC18 vector. Full-length cDNA clones constructed under the control of the T7 RNA promoter could be successfully transcribed to produce in vitro transcript RNA. Infectivity of the capped transcripts and its progeny virus was verified by Western blot and RT-PCR analyses.

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Spatial and temporal dynamics of the abundance of crustose calcareous algae on the southernmost coral reefs of the western Atlantic (Abrolhos Bank, Brazil)

  • Amado-Filho, Gilberto M.;Bahia, Ricardo G.;Mariath, Rodrigo;Jesionek, Michel B.;Moura, Rodrigo Leao;Bastos, Alex C.;Pereira-Filho, Guilherme Henrique;Francini-Filho, Ronaldo Bastos
    • ALGAE
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    • 제33권1호
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    • pp.85-99
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    • 2018
  • Crustose calcareous algae (CCA) constitute one of the main reef builders on the Abrolhos Bank, Brazil. Once CCA taxonomy is locally understood, differences in growth-forms may be useful for the delimitation of taxa using characteristics such as the presence or absence of surface protuberances. Here, growth-forms were used to identify and quantify the most common CCA taxa on the shallow reefs (3-10 m) of the Abrolhos Bank to determine possible changes in the CCA community over a period of 10 years, and the ecological significance of CCA to local reefs was interpreted. The CCA assemblages were surveyed from 2006-2015 by using fixed photoquadrats at four sites in the inner (10-20 km from the mainland) and mid-shelf reefs (40-75 km from the mainland). The five most common CCA taxa were Pneophyllum conicum, the Lithophyllum kaiserii / Lithophyllum sp. complex, Melyvonnea erubescens, the Hydrolithon boergesenii / Porolithon onkodes complex and Peyssonelia sp. The overall mean CCA cover on the reefs was 20%. A comparison with a previous monitoring study in the same region indicated that the CCA cover nearly doubled from 2003-2008 to 2006-2015. This study reveals that the coral-killing species P. conicum dominated CCA flora on the shallow Abrolhos reefs in the last decade, and the local specific abundance of CCA slightly fluctuated over time and was species- and site-specific. The information obtained in this study contributes to the understanding of the ecology of the key calcifying components of the Abrolhos reefs and provides a useful baseline for exploring the responses of CCA to future environmental changes.

Genetic Diversity among Local Populations of the Gold-spotted Pond Frog, Rana plancyi chosenica (Amphibia: Ranidae), Assessed by Mitochondrial Cytochrome b Gene and Control Region Sequences

  • Min, Mi-Sook;Park, Sun-Kyung;Che, Jing;Park, Dae-Sik;Lee, Hang
    • Animal Systematics, Evolution and Diversity
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    • 제24권1호
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    • pp.25-32
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    • 2008
  • The Gold-spotted pond frog, Rana plancyi chosenica, designated as a vulnerable species by IUCN Red list. This species is a typical example facing local population threats and extinction due to human activities in South Korea. A strategic conservation plan for this endangered species is urgently needed. In order to provide information for future conservation planning, accurate information on the genetic diversity and taxonomic status is needed for the establishment of conservation units for this species. In this study, we used a molecular genetic approach using the mitochondrial cytochrome b gene and control region sequences to find the genetic diversity of gold-spotted pond frogs within South Korea. We sequenced the mitochondrial DNA cytochrome b gene and control region of 77 individuals from 11 populations in South Korea, and one from Chongqing, China. A total of 15 cytochrome b gene haplotypes and 34 control region haplotypes were identified from Korean gold-spotted pond frogs. Mean sequence diversity among Korean gold-spotted pond frogs was 0.31% (0.0-0.8%) and 0.51% (0.0-1.0%), respectively. Most Korean populations had at least one unique haplotype for each locus. The Taean, Ansan and Cheongwon populations had no haplotypes shared with other populations. There was a sequence divergence between Korean and Chinese gold-spotted pond frogs (1.3% for cyt b; 2.9% for control region). Analysis of genetic distances and phylogenetic trees based on both cytochrome b and control region sequences indicate that the Korean gold-spotted pond frog are genetically differentiated from those in China.

합류부 구간에서의 하상퇴적과 하안침식에 의한 평면적 하도변화 수치모의 (Numerical analysis of lateral geomorphology changes by channel bed deposition and bank erosion at the river confluence section)

  • 지운;장은경
    • 한국수자원학회논문집
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    • 제49권5호
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    • pp.391-398
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    • 2016
  • 하천의 합류부 구간은 본류와 지류에서 유입되는 유량의 크기가 달라 복잡한 흐름을 형성하게 되며 이러한 흐름으로 인한 국부적인 구간에서의 하상변동 및 하안침식은 하도의 평면적 변화를 야기할 수 있다. 본 연구에서는 이러한 합류부 구간에서의 평면적 하도변화를 분석하기 위해 남한강과 금당천 합류부 지점을 대상으로 하상 퇴적 및 하안침식에 의한 하안선 이동을 2차원 수치모형인 CCHE2D를 활용하여 모의하였다. 모의결과, 본류의 좌안에서는 합류 전 구간에 비해 합류 후 구간에서의 하안선 이동 현상이 더 크게 발생한 것을 확인할 수 있었다. 또한 지류에서의 하안침식은 거의 발생하지 않으며, 지류 좌안과 합류 전 본류 우안에서는 유속 저하와 퇴적으로 인해 하안선이 제외지 쪽으로 이동하는 것을 확인하였다.

암모니아성 질소제거를 위한 강변여과수에서의 수처리 공정 (Water Treatment Process for Removal of Free Ammonia in Bank Filtrated Water)

  • 추태호;이중석
    • 한국콘텐츠학회:학술대회논문집
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    • 한국콘텐츠학회 2005년도 추계 종합학술대회 논문집
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    • pp.123-128
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    • 2005
  • 창원시 북면지역은 낙동강변에 위치하여 강물의 수량은 부족하지 않으나 계절별로 수질과 수량의 변동이 심하고 지역 내의 암반지하수에서도 철, 망간, 구리 등이 검출되어 강변여과수를 개발하기로 하였다. 본 연구는 북면지역에 공급할 지방상수도를 설계하여 설치하는 동안에 강변여과수에서 암모니아성질소가 먹는 물 수질 기준을 초과하고 철과 망간이 검출되어 생물학적처리로 제거되는지를 알아보기 위하여 Pilot-Plant를 설치하여 시험하였고 수돗물을 생산하여 공급하고 있는 전자동침전여과기의 처리 공정을 변경하여 그 성과를 검토하였으며 하루 $10,000m^3$를 생산할 수 있는 북면정수장을 설치하여 운영하면서 생물학적 처리방법의 효과를 분석하였다.

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방향성필터뱅크 기반의 새로운 지문영상의 처리 방법 (A New Method of Fingerprint Image Processing Based on a Directional Filter Bank)

  • 오상근;이준재;박길흠
    • 한국통신학회논문지
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    • 제27권8A호
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    • pp.796-804
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    • 2002
  • 본 논문에서는 방향성필터뱅크(Directional Filter Bank; DFB)에 기반하여 지문영상을 해석하여 처리하는 새로운 방법을 제안한다. 지문에서 융선의 방향성는 방향성지도를 구성하고, 이로부터 방향성 필터링을 통한 영상 향상을 행하는 등 지문 영상을 해석하는 전처리과정에서 매우 중요한 요소이다. DFB는 입력영상을 방향성대역영상으로 분해한 다음 이로부터 원영상을 완전하게 복원하는 필터이다. 본 논문에서는 DFB를 이용하여 지문영상을 여러 개의 방향성대역영상으로 분해하고, 이로부터 국부 방향성 에너지를 정의한 다음, 이를 기반으로 방향성지도의 제작, 영상분할, 특이점추출 및 영상개선의 처리과정들을 일관되게 수행하는 알고리듬을 제안한다.

The Impact of Market Discipline on Charter Value of Commercial Banks: Empirical Evidence from Pakistan Stock Exchange

  • AKHTAR, Muhammad Naveed;SALEEM, Sana
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.249-261
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    • 2021
  • To tranquilize the devastating impact of unnecessary risk-taking behavior of banks towards the economy for maximizing their profits that usually arises due to widely known 'moral-hazard' problem originating from market competition and intensified by bank's limited liability, the banking system is strongly monitored across all countries of the world. The goal of controlling would become more feasible if there exist some self-discipline and motivations which could safeguard the banks' charter value through the mechanism of market discipline. Therefore, our study is aimed to scrutinize the relation between market discipline and charter value of local commercial banks that are registered on the Pakistan Stock Exchange by analyzing a balanced panel data from the year 2007 to 2019. Deposit growth, interbank deposits, and subordinate debt are taken as proxies to measure market discipline whereas Tobin's Q theory is applied for calculating the charter value. Generalized Least Square Regression with Fixed Effect Model is used for evaluation. The outcomes reveal that in the existence of control variables, all proxies of market discipline have a significant positive impact on bank charter value. Our research has important policy implications for monitoring and supervising financial intermediaries for their stability and soundness by offsetting the complications of moral-hazard in the financial systems.

Local Linear Transform and New Features of Histogram Characteristic Functions for Steganalysis of Least Significant Bit Matching Steganography

  • Zheng, Ergong;Ping, Xijian;Zhang, Tao
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제5권4호
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    • pp.840-855
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    • 2011
  • In the context of additive noise steganography model, we propose a method to detect least significant bit (LSB) matching steganography in grayscale images. Images are decomposed into detail sub-bands with local linear transform (LLT) masks which are sensitive to embedding. Novel normalized characteristic function features weighted by a bank of band-pass filters are extracted from the detail sub-bands. A suboptimal feature set is searched by using a threshold selection algorithm. Extensive experiments are performed on four diverse uncompressed image databases. In comparison with other well-known feature sets, the proposed feature set performs the best under most circumstances.

퍼지 게인 스케줄링을 이용한 선박 디젤기관의 속도 제어 (Speed Control of Marine Diesel Engines Using Fuzzy Gain Scheduling)

  • 박승수;이현식;김도응;진강규
    • Journal of Advanced Marine Engineering and Technology
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    • 제26권6호
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    • pp.638-645
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    • 2002
  • This paper presents a scheme for integrating PID control, gain scheduling and emerging techniques in the field of artificial intelligence, such as fuzzy logic and genetic algorithms for the speed control of a marine diesel engine. At first, local PID controllers are designed based on a local model obtained at each speed mode, whose parameters are optimally tuned using a real-coded genetic algorithm. Then, fuzzy "if-then" rules combine the local controllers as a consequence part to implement fuzzy gain scheduling. To demonstrate the performance of the proposed fuzzy PID controller on overall operating conditions, a set of simulation works on B'||'&'||'W's 4L80MC diesel engine are carried out.t.