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Triffin Dilemma and International Monetary System : Evidence from Pooled Mean Group Estimation

  • Guan, Long-Fei;Lau, Wee-Yeap
    • The Journal of Asian Finance, Economics and Business
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    • 제5권2호
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    • pp.5-14
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    • 2018
  • This study is motivated based on concern from some renowned scholars and central bankers whom have raised the issue of the sustainability of the International Monetary System (IMS). Using the panel data set of four major international currencies, USD, JPY, EUR and GBP from 1973 to 2013 with Pooled Mean Group (PMG) estimator, to re-examine whether Triffin dilemma still exists through investigating the relationship between the reserve share, current account balance and real effective exchange rate. The evidence from the result indicates that Triffin dilemma exists only in the long run, and shows that in the long-run, current account balance is proportionate to the increased real effective exchange rate while varies inversely with the reserve shares. However, the estimation for the short-run is not significant to prove the existence of Triffin dilemma. In addition, we investigated the non-dollar panel sample and found that the international monetary system still suffers from Triffin dilemma even without the dollar. To overcome Triffin dilemma, immediate step such as having currency swap mechanism is recommended. In medium term, a multi-polar Monetary System is suggested, and in the longer time, a supranational currency will be used to replace all the currencies in the world.

Egg Positive rate of Enterobius vermicularis of primary school children in Geoje island

  • Kim, Bong-Jin;Lee, Bo-Young;Chung, Hyun-Kee;Lee, Young-Sun;Lee, Kun-Hee;Chung, Hae-Jin;Ock, Mee-Sun
    • Parasites, Hosts and Diseases
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    • 제41권1호
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    • pp.75-77
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    • 2003
  • The status of Pinworm (Enterobius vermicularis) egg positive rate of Primary school children in Geoje island was investigated by using adhesive cellotape anal swap method, in September, 2002. Total egg positive rates of E. vermicularis were 9.8% (74/754) and those of male and female were 10.8% and 8.7%, respectively. Among three schools examined, Myeongsa primary school showed the highest egg positive rate (12.6%) followed by Yeoncho [9.8% (26/266)] and Geoje[9.1% (35/385)]. As for the age groups, the 2nd grade had the highest egg positive rate (15.3%), whereas the 5th grade showed the lowest egg positive rate (2.6%). The above result led us to confirm that the egg positive rates of E. vermicularis in primary school children in Geoje island were not significantly different from the those in the whole country including urban and rural areas, showing more than 10%.

Formula to identify the Influence of steel fibres on the mechanical properties of HPC

  • Philip, Nivin;Anil, Sarah
    • Computers and Concrete
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    • 제25권5호
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    • pp.479-484
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    • 2020
  • This work performed to analyses the impact of hooked end steel fibres on the mechanical properties of high performance concrete. The mechanical properties considered incorporate compressive strength, split tensile strength and flexural strength. Taking in to thought parameters, such as, volume fraction of fibres, fibre aspect ratio and grade of concrete, a logical strategy called Taguchi technique was utilized to discover the ideal blend of factors. L9 Orthogonal Array (OA) of Taguchi network comprising of three variables and three dimensions is utilized in this work. The evaluations of concrete considered were M60, M80 and M100. M60 contained 15% of metakaolin as bond swap though for M80 it was 5% of metakaolin and for M100 it was 10% metakaolin and 10% of silica smolder. The volume portion of fiber was fluctuated by 0.5%; 1% and 1.5% and the viewpoints proportions considered were 50, 60 and 80. The test outcomes demonstrate that incorporation of steel fibres enhance significantly the the strength characteristics of concrete, predominantly the splitting tensile strength and flexural strength. In light of relapse investigation of the test information scientific models were produced for compressive strength, split tensile strength and flexural strength of the steel fibre-reinforced high performance concrete.

Determinants of Attitude Toward Political Parties in Palestine: The effect of the Egyptian Revolution on supporters of Fatah and Hamas

  • Hamanaka, Shingo
    • Asian Journal for Public Opinion Research
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    • 제1권1호
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    • pp.7-25
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    • 2013
  • For the Palestinians, what is the impact of the Arab Spring? The revolution not only dislodged Mubarak from the presidency, but also changed Egyptian policy regarding Palestinians in Gaza. New Egyptian diplomacy has encouraged Hamas and Fatah, which had been in dispute, to seek reconciliation and has loosened the border control on humanitarian grounds. We focus on Palestinian voting attitudes in the wake of the Arab Spring. Despite the vast quantity of literature written about Palestinian politics since the first decade of the millennium, we know little about the determinants of Palestinian attitudes toward the divided governments in the West Bank and the Gaza Strip. The Fatah government, in the West Bank, increased in popularity after submitting a request for UN recognition of Palestinian statehood. In Gaza, the Hamas government lost popularity because of mismanagement but won support through the success of its prisoner swap deal with Israel. However, evaluation of the ruling party does not depend only on one-time events. This research attempts to measure the impact of policy change in Gaza after the Arab Spring. We provide an account of our research on Palestinian attitudes toward the divided governments based on two sets of the original survey data conducted in May 2009 and June 2012. The paper sheds light on Palestinian attitudes and makes clear the effects of "democratization" in the Middle East and the effects of regional context factors on the occupied Palestinians.

장환형 단일가닥 DNA를 이용한 암세포 성장 억제 유전자 발굴 (Large-Circular Single-stranded Sense and Antisense DNA for Identification of Cancer-Related Genes)

  • 배윤위;문익재;서영배;도경오
    • 한국미생물·생명공학회지
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    • 제38권1호
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    • pp.70-76
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    • 2010
  • The single-stranded large circular (LC)-sense DNA were utilized as probes for DNA chip experiments. The microarray experiment using LC-sense DNA probes found differentially expressed genes in A549 cells as compared to WI38VA13 cells, and microarray data were well-correlated with data acquired from quantitative real-time RT-PCR. A 5K LC-sense DNA microarray was prepared, and the repeated experiments and dye swap test showed consistent expression patterns. Subsequent functional analysis using LC-antisense library of overexpressed genes identified several genes involved in A549 cell growth. These experiments demonstrated proper feature of LC-sense molecules as probe DNA for microarray and the potential utility of the combination of LC-sense microarray and antisense libraries for an effective functional validation of genes.

Polynomial Time Algorithm for Multi-Beam SS/TDMA Satellite Communications Scheduling Problem with Frequency-Hopping Ground Stations

  • Lee, Sang-Un
    • 한국컴퓨터정보학회논문지
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    • 제20권7호
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    • pp.33-40
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    • 2015
  • The time slot assignment problem (TSAP) or Satellite Communications scheduling problem (SCSP) for a satellite performs $n{\times}n$ ground station data traffic switching has been known NP-hard problem. This paper suggests $O(n^2)$ time complexity algorithm for TSAP of a satellite that performs $n^2{\times}n^2$ ground station data traffic switching. This problem is more difficult than $n{\times}n$ TSAP as NP-hard problem. Firstly, we compute the average traffic for n-transponder's basic coverage zone and applies ground station exchange method that swap the ground stations until all of the transponders have a average value as possible. Nextly, we transform the D matrix to $D_{LB}$ traffic matrix that sum of rows and columns all of transponders have LB. Finally, we select the maximum traffic of row and column in $D_{LB}$, then decide the duration of kth switch mode to minimum traffic from selected values. The proposed algorithm can be get the optimal solution for experimental data.

CREEC: Chain Routing with Even Energy Consumption

  • Shin, Ji-Soo;Suh, Chang-Jin
    • Journal of Communications and Networks
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    • 제13권1호
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    • pp.17-25
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    • 2011
  • A convergecast is a popular routing scheme in wireless sensor networks (WSNs) in which every sensor node periodically forwards measured data along configured routing paths to a base station (BS). Prolonging lifetimes in energy-limited WSNs is an important issue because the lifetime of a WSN influences on its quality and price. Low-energy adaptive clustering hierarchy (LEACH) was the first attempt at solving this lifetime problem in convergecast WSNs, and it was followed by other solutions including power efficient gathering in sensor information systems (PEGASIS) and power efficient data gathering and aggregation protocol (PEDAP). Our solution-chain routing with even energy consumption (CREEC)-solves this problem by achieving longer average lifetimes using two strategies: i) Maximizing the fairness of energy distribution at every sensor node and ii) running a feedback mechanism that utilizes a preliminary simulation of energy consumption to save energy for depleted Sensor nodes. Simulation results confirm that CREEC outperforms all previous solutions such as LEACH, PEGASIS, PEDAP, and PEDAP-power aware (PA) with respect to the first node death and the average lifetime. CREEC performs very well at all WSN sizes, BS distances and battery capacities with an increased convergecast delay.

직렬시스템의 신뢰도 최적 설계를 위한 Hybrid 병렬 유전자 알고리즘 해법 (A Hybrid Parallel Genetic Algorithm for Reliability Optimal Design of a Series System)

  • 김기태;전건욱
    • 산업경영시스템학회지
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    • 제33권2호
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    • pp.48-55
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    • 2010
  • Reliability has been considered as a one of the major design measures in various industrial and military systems. The main objective is to suggest a mathematical programming model and a hybrid parallel genetic algorithm(HPGA) for the problem that determines the optimal component reliability to maximize the system reliability under cost constraint in this study. Reliability optimization problem has been known as a NP-hard problem and normally formulated as a mixed binary integer programming model. Component structure, reliability, and cost were computed by using HPGA and compared with the results of existing meta-heuristic such as Ant Colony Optimization(ACO), Simulated Annealing(SA), Tabu Search(TS) and Reoptimization Procedure. The global optimal solutions of each problem are obtained by using CPLEX 11.1. The results of suggested algorithm give the same or better solutions than existing algorithms, because the suggested algorithm could paratactically evolved by operating several sub-populations and improving solution through swap and 2-opt processes.

k-opt를 적용한 차수 제약 최소신장트리 알고리즘 (A Degree-Constrained Minimum Spanning Tree Algorithm Using k-opt)

  • 이상운
    • 한국컴퓨터정보학회논문지
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    • 제20권5호
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    • pp.31-39
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    • 2015
  • 방향 가중 그래프의 차수제약 최소신장트리 (degree-constrained minimum spanning tree, d-MST) 문제는 정확한 해를 구하는 다항시간 알고리즘이 존재하지 않아 NP-완전 문제로 알려져 왔다. 따라서 휴리스틱한 근사 알고리즘을 적용하여 최적 해를 구하고 있다. 본 논문은 차수와 사이클을 검증하는 Kruskal 알고리즘으로 d-MST의 초기 해를 구하고, d-MST의 초기 해에 대해 k-opt를 수행하여 최적 해를 구하는 다항시간 알고리즘을 제안하였다. 제안된 알고리즘을 4개의 그래프에 적용한 결과 2-MST까지 최적 해를 구할 수 있었다.

MOST 네트워크와 센서를 활용한 차량 관리 시스템 설계 (A Design of Vehicle Management System Apply Most Network And Sensor)

  • 이현섭;김진덕
    • 한국정보통신학회:학술대회논문집
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    • 한국해양정보통신학회 2008년도 지능정보 및 응용 학술대회
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    • pp.95-98
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    • 2008
  • 현재 차량 내부의 기술은 최근의 환경, 에너지, 안전성 및 편리성 차원의 요구가 증대되면서 종래의 자동차 기술에 대한 변화를 가져오고 있으며 자동차산업의 패러다임을 급속히 변화시켜 나가고 있다. 이러한 기술적인 변화는 전자제어장치의 지능화는 물론 각 시스템간의 센서 네트워크를 구성하여 ITS, 텔레매틱스 등 차량 외부의 인프라 구축 시스템과 결합하여 새로운 교통시스템을 형성하고 있다. 본 논문에서는 이런 새로운 시스템 중에 핵심 기술이라고 할 수 있는 Most 차량용 네트워크와 여러 가지의 센서들을 활용한 차랑 관리 시스템 설계에 대한 기술들을 제시한다. 여러 센서에서 발생되는 정보들을 Most 네트워크를 통하여 취합하고 차량의 각 시스템의 현재 상황을 판단하고 이 정보를 운전자에게 제공함으로써 효과적인 부품 교체 시기나 차량의 안정성을 극대화시킬 수 있는 시스템을 제안한다.

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