• KDI Journal of Economic Policy
• /
• v.33 no.4
• /
• pp.1-25
• /
• 2011

Available evidence suggests that the average marginal propensity to consume (MPC) from the 2001 tax rebate in the US was not nearly as large as that from previous tax cuts. We examine if this phenomenon can be explained by the fact that the widespread use of credit cards has made borrowing accessible for most US households by constructing a model that simulates the dynamic effect of relaxed borrowing constraints. Our model uses Kreps-Porteus preferences which account for independent measures of relative risk aversion and the elasticity of intertemporal substitution, both of which can theoretically affect the willingness to save or spend. Our model shows that the average MPC drops substantially immediately after borrowing constraints are relaxed because few consumers have binding borrowing constraints at that time. The model also shows that consumers gradually reduce their wealth after borrowing constraints are relaxed, causing more of them to have binding constraints over time, which in turn causes the average MPC to rise gradually to a new steady state value that is slightly lower than the original value. This dynamic pattern of the MPC suggests that a greater ability to borrow with credit cards could explain the lower effectiveness of the 2001 tax rebate. In addition, the model predicts that consumers choose to hold lower amounts of liquid assets for precautionary reasons when they have a greater ability to borrow unsecured debt.

• Transactions of the Korean Society of Mechanical Engineers A
• /
• v.36 no.3
• /
• pp.313-318
• /
• 2012

In CANDU, feeder pipes supply heavy water to pressure tube and steam generator. Under service conditions, Flow-Accelerated Corrosion (FAC) produces local wall-thinning in the feeder pipes. The wall-thinning in these pipes affects the integrity of the piping system, as verified in previous research. This paper provides limit loads for wallthinned feeder pipes with $45^{\circ}$ and $60^{\circ}$ bend angles, and proposes an equation that predicts the limit loads for wallthinned feeder pipes with arbitrary bend angles. On the basis of finite element limit analyses, limit loads are obtained for wall-thinned feeder pipes under in-plane bending and internal pressure. There are two cases of in-plane bending: the in-plane closing direction and the in-plane opening direction. The material is considered the effect of the large deformation, so an elastic-perfectly-plastic material is assumed in the calculations.

• Journal of the Korean Society of Propulsion Engineers
• /
• v.20 no.6
• /
• pp.46-53
• /
• 2016

It is required to predict a limit cycle amplitude controlled by system's nonlinear behavior as well as an eigen-frequency and initial growth rate of instabilities under the linear motions, in order to fully understand combustion instabilities in a lean premixed gas turbine combustor. Special focus of the current work is placed on the limit cycle amplitude prediction using flame describing function(FDF) where the ratio of a heat release fluctuation to a given flow perturbation is expressed as a function of frequency and amplitude. In this study, the CFD modeling work based on RANS is carried out to obtain FDF, which makes that the nonlinear thermo-acoustic model is successfully developed for predicting the limit cycle amplitude of the combustion instability.

• Transactions of the Korean Society of Mechanical Engineers A
• /
• v.34 no.11
• /
• pp.1675-1680
• /
• 2010

Flow Accelerated Corrosion (FAC) occurring during in-service conditions results in localized wall-thinning in the feeder pipes of CANDU. The wall-thinning of the feeder pipes is the main degradation mechanisms affecting the integrity of piping systems. In this paper, we assess the integrity of wall-thinned feeder pipes by limit load analysis. The limit loads for wall-thinning feeder pipes subjected to in-plane bending and internal pressure were determined on the basis of finte element limit analyses. The limit loads are determined from the results of limit analyses of elasticperfectly-plastic materials using the large geometry change. Closed-form approximations of limit load solutions for wall-thinning feeder pipes subjected to in-plane bending and pressure are proposed.

• Transactions of the Korean Society of Mechanical Engineers B
• /
• v.34 no.9
• /
• pp.859-866
• /
• 2010

Nonlinear dynamics of pulsating instability-diffusional-thermal instability with Lewis numbers sufficiently higher than unity-in counterflow diffusion flames, is numerically investigated by imposing a Damkohler number perturbation. The flame evolution exhibits three types of nonlinear behaviors, namely, decaying pulsating behavior, diverging behavior (which leads to extinction), and stable limit-cycle behavior. The stable limit-cycle behavior is observed in counterflow diffusion flames, but not in diffusion flames with a stagnant mixing layer. The critical value of the perturbed Damkohler number, which indicates the region where the three different flame behaviors can be observed, is obtained. A stable simple limit cycle, in which two supercritical Hopf bifurcations exist, is found in a narrow range of Damkohler numbers. As the flame temperature is increased, the stable simple limit cycle disappears and an unstable limit cycle corresponding to subcritical Hopf bifurcation appears. The period-doubling bifurcation is found to occur in a certain range of Damkohler numbers and temperatures, which leads to extend the lower boundary of supercritical Hopf bifurcation.

• Geotechnical Engineering
• /
• v.10 no.4
• /
• pp.153-166
• /
• 1994

In this paper, the experimental study on the behavior of the dredged clay was performed by introducing the consolidation teat method using continuous loading. Also a new testing method was examined and the strength of the dredged clay using thin plate was evaluated. The rheological characteristics of the dredged clay are described by the gingham model. The static and rheologic thin plate penetration test is proposed for the shear strength testing method. It is found that both of testing methods are reasonable and have a practicability. Especially, the strength increases for a water content which is less than two times of liquid limit in case of silty soil and clayey soil. About plasticity index, the strength increases rapidly for a value less than 10 for silt, 5 for clay which a water content is normalized by plasticity index of silty soil rather than clayey soil.

• Journal of Advanced Marine Engineering and Technology
• /
• v.25 no.6
• /
• pp.1298-1307
• /
• 2001

Recently, the efforts to improve fuel economy and to reduce pollutant emission have become the main subject in the development of a gasoline engine. A lean combustion engine admitted as the best alternative is relatively lower fuel consumption rate and exhaust emissions. In this study, it is focused on intensifying intake flow field as one of methods to improve the performance of the lean combustion. First, three different types of suitable swirl control valve(SC7) with high swirl and tumble ratio are selected through steady flow experiment, being installed in a spark ignition engine. The relationship between lean misfire limit and torque was investigated with injection timing and spark ignition timing. Also, the effect of intensified swirl new on the combustion Stability and exhaust emissions was experimently examined by the measuring in-cylinder pressure and combustion variation. The results show that the engine with swirl control calve is superior to other conventional engine on the lean misfire limit, specific torque, combustion variation and emission, and the appropriate injection timing and spark ignition timing exist according to the type of swirl control valve.

• Proceedings of the Korean Society of Propulsion Engineers Conference
• /
• 1998.10a
• /
• pp.34-34
• /
• 1998

차세대 비행체가 갖추어야 할 요건으로 다양한 작동 범위에서 다목적으로 사용될 수 있어야 한다는 점이다. 비행체는 작전시 초음속으로 순항해야 하며, 폭탄으로 손상된 비행장에서도 이륙하여 작동할 수 있도록 짧은 이륙과 착륙 거리를 가져야 하기 때문에 현재 비행체보다 더 큰 받음각에서 작동하여 비행시 뛰어난 기동성을 가져야 한다. 제어력을 향상시키기 위해서 받음각과 동압에 의존하지 않고 큰 제어 모멘트를 제공하는 차세대 방법은 엔진의 배기가스를 원하는 비행 방향으로 제어하는 것으로 이러한 방법을 추력 편향 제어(Thrust Vector Control)라고 한다. 기존 공력에 의한 비행 자세제어 방법은 속도의 2승에 비례하는 제어력을 발생하지만, 실속을 피해야하기 때문에 공기력을 이용한 날개 및 비행체의 받음각에 한계가 있어 비행체의 선회능력을 제한하며 고공에서 저속비행 하는 경우에는 공기의 밀도가 낮고 동압이 작게 작용하여 선회능력은 낮아진다. 그러나, 추력 편향 장치는 공력을 이용하지 않고 추력을 이용하기 때문에 실속에 의한 제한이 없어 큰 받음각(70$^{\circ}$-90$^{\circ}$)으로 선회할 수 있어 월등한 기동성을 발휘할 수 있다. 이러한 추력 편향 장치 중 제트 베인형은 소형화가 가능하고, 하나의 노즐로 수직, 수형 및 횡 방향의 3축 제어를 할 수 있어 많이 사용되고 있다.

• Proceedings of the Korea Institute of Fire Science and Engineering Conference
• /
• 2010.04a
• /
• pp.284-288
• /
• 2010

Length of staircase get longer and evacuation load get heavier in proportion to the building height. Therefore evacuation time could be considered proportional to square of building height. While smoke spreads vertically so rapidly, evacuation speed is too slow, therefore the reasonable measure for the safe of egress route is urgent. Existing pressurizing smoke control system of vertical exit route is seriously limited in function under the stack effect in winter. Stack effect in winter could be overcome with the methods of opening the staircase outward or letting airflow be free between staircase and outside.

• Proceedings of the Korea Institute of Fire Science and Engineering Conference
• /
• 2010.04a
• /
• pp.37-42
• /
• 2010

실제 규모 ISO 9705 표준 화재실에서 과환기(over-ventilated) 및 환기부족(under-ventilated) 화재에 대한 열 및 화학적 특성에 관한 실험이 수행되었다. 또한 FDS(Fire Dynamic Simulator)를 이용하여 수치적 예측성능에 대한 평가와 환기부족화재에서 건물 내부의 다차원 화재현상에 대한 해석이 이루어졌다. 과환기 및 환기부족화재의 특성은 연소효율, 총괄 당량비 뿐만 아니라 고온 상층부의 온도분포, 연소 생성물의 농도에 의해 명확하게 구분되었다. 실험결과와의 비교를 통해 과환기 및 환기부족화재에서 FDS는 공간내부의 온도, 열유속 및 다양한 화학종의 분포를 정량적으로 잘 예측함을 확인하였다. 과환기화재와 비교할 때, 환기부족화재에서 내부유동은 반대방향의 다차원 재순환 유동구조를 갖고 있음을 발견하였다. 동시에 공간내부의 $O_2$ 및 CO의 분포 역시 다차원 구조를 갖기 때문에 기존화재연구에서 측정되는 고온 상층부의 열 및 화학적 특성은 환기부족화재를 이해하는데 많은 한계가 있음을 확인하였다.