• KDI Journal of Economic Policy
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• v.40 no.2
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• pp.53-73
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• 2018

Using an overlapping generations model, this paper examines tax policy effects across generations. The model incorporates housing assets separately from capital assets and includes taxes on labor income, capital income, consumption and housing assets. Tax reforms for each tax rate have different effects on tax burdens across generations and the overall efficiency of the economy, leading to different welfare costs for generations. Specifically, raising housing property taxes results in the smallest welfare loss by future generations, as in the model it does not hurt economic efficiency and the tax burden increases mainly for the elderly, who have accumulated housing assets in preparation for retirement.

• Korean Journal of Remote Sensing
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• v.8 no.2
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• pp.131-145
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• 1992

A low cost personal computer and image processing S/W were empolyed to derive Digtal Elevation Model(DEM) of tidal flat from multitemporal LANDSAT TM images, and to create three-dimensional(3D) perspective views of the tidel flat on Komso bay in west coasts of Korea. The method for generation of Digital Elevation Model(DEM) in tidal flat was considered by overlapping techniques of multitemporal LANDSAT TM images and interpolations. The boundary maps of tidal flat extracted from multitemporal images with different water high were digitally combined in x, y, z space with tide in formation and used as an inputcontour data to obtain an elevation model by interpolation using spline function. Elevation errors of less than $\pm$0.1m were achived using overlapping techniques and a spline interpolation approach, respectively. The derived DEM allows for the generation of a perspective grid and drape on the satellite image values to create a realistic terrain visualization model so that the tidal flat may be viewed from and desired direction. As the result of this study, we obtained elevation model of tidal flats which contribute to characterize of topography and monitoring of morphological evolution of tidal flats. Moreover, the modal generated here can be used for simulation of innudation according to tide and support other studies as a supplementary data set.

• Communications for Statistical Applications and Methods
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• v.27 no.6
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• pp.649-673
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• 2020

This paper makes a theoretical contribution by providing clear and detailed derivation of economic agents' decision problems including elastic labor supply in Gertler's overlapping generation (OLG) model. We apply the model to the Korean economy by calibration based on Korean economic data. It also analyzes the impact of current social issues such as aging and extension of retirement age, on the Korean economy in a long-run equilibrium. Subsequently, we also discuss the implications of the analysis. Aging has prolonged the period of retirement; therefore, population structure changes by the increase in the proportion of retirees, the total consumption-to-GDP ratio decreases, and capital stock increases due to reduced propensity to consume out of wealth in preparation for an individual's retirement life. The implementation of retirement age extension increases the proportion of retirees relatively less and alleviates fluctuations in labor supply and the share of financial assets for both economic agents. However, the decrements in consumption-to-GDP ratio is larger than before, and this leads to a larger rise in the capital stock compared to when there is only an aging effect.

• Korean Journal of Hydrosciences
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• v.8
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• pp.125-136
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• 1997

The simulation techniques of hydrologic data series have develped for the purposes of the design of water resources system, the optimization of reservoir operation, and the design of flood control of reservoir, etc. While the stochastic models are usually used in most analysis of water resources fields for the generation of data sequences, the indexed sequential modeling (ISM) method based on generation of a series of overlapping short-term flow sequences directly from the historical record has been used for the data generation in the western USA since the early of 1980s. It was reported that the reliable results by ISM were obtained in practical applications. In this study, we generate annual inflow series at a location of Hong Cheon Dam site by using ISM method and autoregressive, order-1 model (AR(1)), and estimate the drought characteristics for the comparison aim between ISM and AR(1).

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2004.10a
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• pp.1154-1159
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• 2004

Unexpected postoperative changes, such as growth in rib hump, has been occasionally reported after corrective surgery for scoliosis. However there has been experimental data for explanation of these changes, nor the suggestion of optimal correction method. This numerical study was designed to investigate the main correlating elements in operative kinematics with post-operative changes of vertebral rotation and rib cage deformation in the corrective surgery of scoliosis. To develop a scoliotic spine model automatically, a special program for converting normal spine model to scoliotic spine model was developed. A mathematical finite element model of normal spine including rib cage, sternum, both clavicles, and pelvis was developed with anatomical details. The skeletal deformity of scoliosis was reconstructed, by mapping the X-ray images of a scoliosis into this three dimensional normal spine and rib cage model. The geometric mapping was performed by translating and rotating the spinal colume with the amount analyzed from the digitized 12 built-in coordinate axes in each vertebral image. By utilizing this program, problems generated in mapping procedure such as facet joint overlapping, vertebral body deformity could be automatically resolved.

• KDI Journal of Economic Policy
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• v.41 no.2
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• pp.1-39
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• 2019

This paper utilizes a life-cycle overlapping-generations model to quantify the welfare effects of plans to postpone the depletion of the National Pension Fund. In order for the model to incorporate the rapidly changing demographic structure of Korea fully, we build and calibrate a model in transition directly. The model is considered suitable for analyzing the effects of demographic changes on the Korean economy and the effects of plans to change the National Pension System. According to a simulation of the model, to postpone the depletion of the National Pension Fund for 30 years, the premium rate must be increased to 18.3% from the current rate of 9%. By postponing the depletion of the fund reserve, young and future generations gain significantly at the expense of the older generations. The simulation results should be, however, interpreted as meaning that the current system is unjustifiably partial to the older generations. Moreover, given the current premium rate, it is desirable to strengthen the income-redistribution function of the National Pension System.

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.18 no.3
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• pp.315-322
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• 2000

DSM(Digital Surface Model) is a digital model which represents the surface elevation of a region. DSM is necessary for orthoimage generation, and frequently used in man-made object extraction from aerial photographs nowadays. Image matching technique enables automatic DSM generation. This proposed a image matching method which can be applied to automatic generation of DSM for Built-up Area. The matching method proposed is to find conjugate points and conjugate lines from overlapping aerial images. In detecting conjugate points, the positional relation between possible conjugate point pair as well as correlation of pixel gray value is compared. In detecting conjugate lines, the color attribute of flank region of line, shape of line, positional relation between neighborhood points and lines, and the connection relation between lines are compared. The proposed matching method is assumed to be useful for DSM generation including Built-up Area.

• Proceedings of the KSRS Conference
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• 2002.10a
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• pp.292-296
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• 2002

This study has been accomplished as a experimental study for field application of 3D Perspective Image Map creation using Digital Topographical Map and based on the Ortho-Projection Image which is generated from Satellite Overlay Images and the precise Relative Coordinates of longitude, latitude and altitude which is corrected by GCP(Ground Control Point). AS to Contour Lines Map which is created by Coordinate conversion of 1:5,000 Topographical Map, we firstly made Satellite Image Map to substitute for Digital Topographical Map through overlapping the original images on top of each Ortho-Projection Image created and checking the accuracy. In addition to 3D Image Map creation for 3D Terrain analysis of a target district, Slope Gradient Analysis, Aspect Analysis and Terrain Elevation Model generation, multidirectional 3D Image generation by DEM can be carried out through this study. This study is to develop a mapping technology with which we can generate 3D Satellite Images of a target district through the composition of Digital Maps and Facility Blueprint and arbitrarily create 3D Perspective Images of the target district from any view point.

• Tunnel and Underground Space
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• v.13 no.3
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• pp.207-214
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• 2003

To obtain Digital Elevation Model(DEM) from an exposed rock mass, techniques such as laser scanning and digital stereo photogrammetric technique are recently applied. We have obtained the DEM of the rock slope using above techniques in this study, and examined a suitability and improvement of the photogrammetry for the rock slope by overlapping the DEM. This study can be applied to the measurement of fracture orientations, the prediction of rock joint network, and the analysis on the change of the rock slope.

• Journal for History of Mathematics
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• v.27 no.3
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• pp.197-210
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• 2014

Species like insects and fishes have, in many cases, non-overlapping time intervals of one generation and their descendant one. So the population dynamics of such species can be formulated as discrete models. In this paper various discrete population models are introduced in chronological order. The author's investigation starts with the Malthusian model suggested in 1798, and continues through Verhulst model(the discrete logistic model), Ricker model, the Beverton-Holt stock-recruitment model, Shep-herd model, Hassell model and Sigmoid type Beverton-Holt model. We discuss the mathematical and practical significance of each model and analyze its properties. Also the stability properties of stationary solutions of the models are studied analytically and illustratively using GSP, a computer software. The visual outputs generated by GSP are compared with the analytical stability results.