• Journal of the Korea Concrete Institute
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• v.14 no.4
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• pp.578-588
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• 2002

An experimental study was conducted to investigate the effectiveness of transverse reinforcement in reinforced concrete tied columns subjected to monotonically increasing axial compression. Eighteen large-scale columns(260$\times$260$\times$1200 mm) were tested. Effects of main variables such as the concrete compressive strength, the tie configuration, the transverse reinforcement ratio, the tie spacing, and the spatting of the concrete cover were considered. High-strength concrete columns under concentric axial loads show extremely brittle behavior unless the columns are confined with transverse reinforcement that can provide sufficiently high lateral confinement pressure There is a consistent decrease in deformability of column specimen with increasing concrete strength. Test results were compared with the previous confinement model such as modified Kent-Park, Sheikh-Uzumeri, Mander, and Saatcioglu-Razvi model. The comparison indicates that many previous models for confined concrete overestimate or underestimate the ductility of confined concrete.

• Journal of the Korea Concrete Institute
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• v.15 no.3
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• pp.482-493
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• 2003

Flat plate structures subjected to lateral load have less deformability than conventional moment frames, due to the brittle failure of plate-column connection. In the present study, parametric study using nonlinear finite element analysis was performed to investigate the deformability of flat plates. The numerical results show that as number of continuous spans increases, the deformability of flat plates considerably decreases. Therefore, existing experiments using sub-assemblages with 1 or 2 spans may overestimate the deformability of flat plates, and current design provisions based on the experiments may not be accurate in estimating the deformability. A design method estimating the deformability was developed on the basis of numerical results, and verified by comparison with existing experiment. In the proposed method, the effects of primary design parameters such as direct shear force, punching shear capacity, aspect ratio of connection, number of spans, and initial stiffness of plate can be considered.

• Journal of the Korea Concrete Institute
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• v.23 no.6
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• pp.809-815
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• 2011

An experimental investigations on the bond-slip properties of the steel and Glass Fiber Reinforced Polymer(GFRP) bars in engineered cementitious composite (ECC) with Polyvinyl Alcohol (PVA) fibers are presented. Total of 8 beam specimens prepared according to the Rilem procedures with 2% of PVA and PE fiber volume percentage and steel and GFRP reinforcements significantly changed the failure mechanism and slightly improved bond strength. The main objective of the tests was to evaluate the load versus displacement and load versus slip behaviors and the bond strength for the following parameters: concrete type (normal and fiber concrete) and bar diameter (10 and 13 mm). The study results showed that ordinary concrete and ECC specimens showed similar behavior for steel reinforced specimen. However, GFRP reinforced specimen showed different behavior that the steel specimen. The code analytical results showed more accuracy compared to the experimental results as expected in conservative code provisions. Based on the obtained results, it is safe to conclude that the new parameters need to be adopted to ensure safe usage of ECC for construction applications.

• The Korean Journal of Financial Management
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• v.22 no.1
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• pp.93-118
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• 2005

This paper examines credit spreads in Korea corporate market using one of structural models, the mean reverting leverage ratio model (Collin-Dufresne and Goldstein (2001)). Compared to the actual credit spreads, we show that the credit spreads induced by the model are overpredicted. We also investigate the systematic errors that cause the over-pre-diction of credit spreads using the t-test. We show that the systematic errors are affected by the current leverage ratio and asset volatility.

• The Korean Journal of Financial Management
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• v.26 no.3
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• pp.1-29
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• 2009

Since convertible debt has both characteristics of stocks and bonds, its issuance can be related to both interests of stockholders and bondholders. Nevertheless, the existing studies focused mainly on the wealth effect on stockholders. In this paper we revisit the hypotheses on the issue of convertible debt especially from the viewpoint of a firm's growth, by making an additional investigation into bondholders' wealth effects. We find that stockholders' wealth increases with bondholders' wealth in the firm whose book-to-market ratio is low and thus is considered a growth firm. This finding seems consistent with the hypothesis in which the issue of convertible debt mitigates the agency cost of debt in the high-growth firm.

• Proceedings of the Korea Concrete Institute Conference
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• 2008.04a
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• pp.1069-1072
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• 2008

As embedded reinforcing suffer from corrosion process, the bond strength and stiffness are reduced, and the structure proceed, eventually, to the deterioration of the concrete, shortening the service life of concrete structures rapidly. In order to deal with these problems, a multitude of researches have been carried out up to this date to evaluate the bond characteristics of RC members, i.e. by artificially inducing rapid corrosion of the reinforcing bar. These artificial corrosion methods, however, could not represent the real condition, resulting in the possibility of overestimation for the RC members in real situation. Accordingly, the purpose of this paper is to investigate the difference in the bond characteristics for RC members corroded by different corrosion methods (artificial rapid method, natural method). For the case of natural corrosion, the brittle failure was observedeven for the case of the area ofcorrosion of 50%. And, the bond strength decreased by about 10% or more for the caseofspecimens with the area of corrosion of 80% or above. Especially, the deterioration of concrete starts at the state of low corrosion level for the case of natural corrosion. Thus, the safety of RC members must be assessed and evaluated more carefully for the naturally corroded members than for the RC concrete members corroded rapidly by artificial method.

• Proceedings of the Korea Concrete Institute Conference
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• 2008.04a
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• pp.325-328
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• 2008

This study is to investigate experimentally the long-term deflection of concrete beams with glass fiber reinforced polymer (GFRP) reinforcing bars subjected to the sustained flexural load for periods of up to 6 months. A total of four beams were tested. All beams were designed with net span of 2,700 mm and rectangular cross-section of 200 mm width and 300 mm depth. From the test results the time-dependent deflection of concrete beams with GFRP bars was about 40 to 70% of the initial deflection. As well as this paper compares the long-term deflection calculated by 440.1R-06 design guide and that of tested beams. The comparison indicated that the calculated long-term deflection overestimate the observed long-term deflection of concrete beams with FRP rebars.

• Journal of the Korea Concrete Institute
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• v.25 no.2
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• pp.175-185
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• 2013

Currently in precast concrete construction, precast concrete and cast-in-place concrete with different concrete strengths are used. However, current design codes do not provide shear design methods for PC-CIP hybrid members using dual concrete strengths. In the present study, the shear strengths of beams using dual concrete compressive strengths (24 MPa, 60 MPa) were tested. The test variables were the area ratio of the two concretes, longitudinal bar ratio, and shear span-to-depth ratio. The shear strengths of test specimens were evaluated by current design methods, using an effective concrete strength (considering the area ratio of the two concrete strengths). The test result showed that when 60 MPa concrete was used in the compressive zone and the longitudinal bar ratio was low, the shear strengths of the test specimens were less than the predictions. On the basis of the results, design recommendations were provided for the shear design of the PC-CIP hybrid beams.

• Journal of the Earthquake Engineering Society of Korea
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• v.11 no.6
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• pp.53-61
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• 2007

This study investigates the effect of site class, post-yield stiffness ratio, damping ratio, yield-strength reduction factor, and natural period on inelastic displacement ratio of bilinear SDF systems located at the sites classified as NEHRP site class B,C,D. The previous studies developed inelastic displacement ratio using equal displacement rule in the intermediate and long period range. But, this approximation overestimates the inelastic displacement ratio. Furthermore, inelastic displacement ratio has not been developed for the systems having a damping ratio less than 5%. This study conducts nonlinear regression analysis for proposing equations for calculating median and deviation of the inelastic displacement ratio of the bilinear SDOF system having damping ratios ranging from 0 to 20%. Using median and deviation of the inelastic displacement ratio, probabilistic inelastic displacement ratio is estimated, which can be used for performance-based seismic evaluation.

• Journal of the Earthquake Engineering Society of Korea
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• v.14 no.5
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• pp.1-12
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• 2010

This study presents a finite element analysis method that can accurately evaluate the nonlinear behaviour of structures affected by shallow soft subsoils and the soil-structure interaction. A two-dimensional finite element model that consists of a structure and shallow soft subsoil was used. The finite element model was used for a nonlinear time domain analysis of the OpenSees program. A parametric study was performed to investigate the effects of soil shear velocities, earthquake input motions, soft soil depth, and soil-structure interaction. The result of the proposed nonlinear finite element analysis method was compared with the result of an existing frequency domain analysis method, which is frequently used for addressing nonlinear soil behavior. The result showed that the frequency domain analysis, which uses equivalent secant soil stiffness and does not address the soil-structure interaction, significantly overestimated the response of the structures with short dynamic periods. The effect of the soil-structure interaction on the response spectrum did not significantly vary with the foundation dimensions and structure mass.