• Title/Summary/Keyword: Control measures

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The Effectiveness of Capital Controls and Macroprudential Measures

  • JUNYONG LEE;KYOUNGHUN LEE;FREDERICK DONGCHUHL OH
    • KDI Journal of Economic Policy
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    • v.45 no.4
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    • pp.1-22
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    • 2023
  • We review the literature on the effectiveness of capital controls and macroprudential measures. First, we explain the purposes and examples of capital controls and macroprudential policies. We then analyze various theoretical models and empirical findings from prior studies that investigate the effectiveness of each instrument. Moreover, we review several studies that directly compare the two instruments and discuss whether policymakers should implement capital controls or macroprudential measures to overcome financial crises. Finally, based on a discussion of the findings of previous studies, we suggest several possible avenues for future research.

Foreign Exchange Risk Control in the Context of Supply Chain Management

  • Park, Koo-Woong
    • Journal of Distribution Science
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    • v.13 no.2
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    • pp.15-24
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    • 2015
  • Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

Study on Erosion Cause Analysis and Implication (서해안 해수욕장의 침식원인 분석결과와 시사점)

  • Choi, Jung Hoon;Choi, Jin Yong;Cho, Young Kweon
    • KCID journal
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    • v.19 no.1
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    • pp.3-18
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    • 2012
  • In recent years, as environmental problems have become great concerns among many people, th loss of beach sand has become one of the highly controversial issue. Major reasons for the beach erosion within the cases of West Coast can be classified as: 1) erosion at Unyeo, Baeksajang beaches are caused by the wave refraction according to the large-scale sand dredging, 2) erosion at Kkotji, Baeksajang, and Unyeo beaches are caused by large-scale embankment construction and the coastal road construction, and 3) erosion at Chollipo and Hakampo beaches are caused by construction of small ports. Erosion in the west coast of Korea coast beach erosion control measures, include groin, zeotube, terraced stone, jetty groin, and beach nourishment. Erosion control measures initially installed to prevent erosion showed a positive effect. However, if there is no continuous source of sand, the effect of measures is fewness.

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Probabilistic seismic demand of isolated straight concrete girder highway bridges using fragility functions

  • Bayat, Mahmoud;Ahmadi, Hamid Reza;Kia, Mehdi;Cao, Maosen
    • Advances in concrete construction
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    • v.7 no.3
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    • pp.183-189
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    • 2019
  • In this study, it has been tried to prepare an analytical fragility curves for isolated straight continues highway bridges by considering different spectral intensity measures. A three-span concrete isolated bridge has been selected and the seismic performance of the bridge has been improved by Lead Rubber Bearing (LRB). Incremental Dynamic Analysis (IDA) is applied to the bridge in longitudinal direction. A suite of 14 earthquake ground motions from medium to sever motions are scaled and used for nonlinear time history analysis. Fragility function considers the relationship of earthquake intensity measures (IM) and probability of exceeding certain Damage State (DS). A full three dimensional finite element model of the isolated bridge has been developed and analyzed. A wide range of different intensity measures are selected and the optimal intensity measure which has the less dispersion is proposed.

The Integrated Cyber SRM(Security Risk Monitoring) System Based on the Patterns of Cyber Security Charts

  • Lee, Gang-Soo;Jung, Hyun Mi
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.11
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    • pp.99-107
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    • 2019
  • The "Risk management" and "Security monitoring" activities for cyber security are deeply correlated in that they prepare for future security threats and minimize security incidents. In addition, it is effective to apply a pattern model that visually demonstrates to an administrator the threat to that information asset in both the risk management and the security system areas. Validated pattern models have long-standing "control chart" models in the traditional quality control sector, but lack the use of information systems in cyber risk management and security systems. In this paper, a cyber Security Risk Monitoring (SRM) system that integrates risk management and a security system was designed. The SRM presents a strategy for applying 'security control' using the pattern of 'control charts'. The security measures were integrated with the existing set of standardized security measures, ISMS, NIST SP 800-53 and CC. Using this information, we analyzed the warning trends of the cyber crisis in Korea for four years from 2014 to 2018 and this enables us to establish more flexible security measures in the future.

Effects of Infection Control Education for Families of VRE Patients (VRE 환자의 보호자를 위한 감염관리 교육의 효과)

  • Seo, Jung;Kang, Ji-Yeon
    • Journal of Korean Academy of Fundamentals of Nursing
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    • v.19 no.2
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    • pp.212-222
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    • 2012
  • Purpose: The purpose of this study was to examine the effects of infection control education for families of patients infected with vancomycin resistant enterococcus (VRE). Method: Forty family members of VRE patients were chosen from a university hospital and assigned to the experimental or control group. The experimental group was provided infection control education that consisted of one-on-one instruction using an information booklet, hand-washing video, and demonstration of hand washing practice. Dependent variables were self-reported knowledge and performance of VRE infection control measures, and the number of hand washings when entering and leaving patients' rooms. Results: Knowledge and performance scores were significantly higher for the experimental group compared to the control group. The experimental group washed their hands significantly more often when entering and leaving patients' rooms than the control group. Conclusion: Infection control education for family members of VRE patients was effective in improving knowledge and performance of infection control measures as well as improving the practice of hand washing. Further investigation is needed on the effects of infection control education for families on the actual VRE colonization and/or infection rate.

Comprehensive Measures in Real Estate Policy for Housing Market Stabilization (주택시장 안정화를 위한 부동산정책 방향)

  • Lee sun
    • Journal of the Korean Professional Engineers Association
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    • v.38 no.4
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    • pp.7-9
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    • 2005
  • The recent speculation fever in Kangnam and its southern vicnity of Seoul resulted in surging apartment prices. The government is determined to employ more effective anti-speculation policy measures to control the property speculative demand. The Government plans to implement support measures to discourage people from owning multiple homes by reinforcing tax measures. To meet the increasing demand for more large-sized apartments in Seoul, the Government may allow to build more large sized units. By the end of August, 'a comprehensive package tool of real estate policy measures' ,as a real estate controlling guidelines, is scheduled to be presented by the Government. We hope that the package tool will stabilize housing market more effectively and enhance the national economy.

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Experiment on measures of heat collection for passive solar water wall systems that provide heat storage and natural lighting control (축열과 채광조절을 겸한 자연형 태양열 수벽시스템의 집열방식별 성능실험)

  • Oh, Young-hoon;Choi, Ji-eun;Lee, Chul-sung;Yoon, Jong-ho
    • KIEAE Journal
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    • v.16 no.4
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    • pp.63-69
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    • 2016
  • Purpose: This preliminary study investigated a potential of the water wall systems that provide heat storage and natural lighting control simultaneously. Method: In order for transparency of the water wall to be controlled, the study first proposed two measures: to adjust transparency of the water wall; to control transparency of water wall surface. The performance of two measures then was verified and compared by experiments. In addition, a trade-off between heat collect and heat storage resulting from using additive for adjusting transparency was investigated. Result: The experiment showed that the two measures are similar in performance. The investigation of trade-off relation showed the additive should have the same heat storage as the water to prevent decrease in thermal performance of the water wall. As an economical measure to control transparency of the water wall, this study suggested a measure of secondary heat transfer systems using shading device that first absorbs solar radiation and then transfers heat to the water wall. The experiment show that performance of the proposed measure is similar to controlling transparency of water wall surface. In conclusion, it is expected that the performance of the water wall can be economically maximized by using the proposed mean in terms of heating, cooling and lighting energy saving.

Fuzzy Measures to Control Video Bit-rate in the DCT Domain (동영상 대역폭 조절을 위한 DCT 영역의 퍼지 측정값)

  • Kim Tae-Yong
    • Journal of the Institute of Electronics Engineers of Korea CI
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    • v.43 no.4 s.310
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    • pp.113-122
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    • 2006
  • In this paper, we propose a fuzzy method to control bit-rate in the DCT Domain. The method consists of a bit-rate allocation with fuzzy measures and a least-distortion bit-rate reduction. Fuzzy measures are calculated by the code length, the discontinuity ambiguity, and the neighborhood momentum in each DCT block. These measures are summed with weights and form a reduction fuzziness to indicate the degree of preferable reduction. Using the reduction fuzziness. each DCT block is filtered by the least-distortion reduction method to adjust the bit-rate for the target bandwidth. In the experiment, we show the results that the transcoded video quality by the method is better and the bandwidth is more regular than those of existing methods in both visually and quantitatively.

A Review on the Effects of Earthborne Vibrations and the Mitigation Measures

  • Nam, Boo Hyun;Kim, Jinyoung;An, Jinwoo;Kim, Bumjoo
    • International Journal of Railway
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    • v.6 no.3
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    • pp.95-106
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    • 2013
  • Earthborne vibrations are induced by construction operation such as pile driving, roadbed compaction, and blasting and also by transit activities such as truck and trains. The earthborne vibration creates the stress waves traveling outward from the source and can structurally damage nearby buildings and structures in the forms of direct damage to structure and damage due to dynamic settlement. The wave propagation characteristics depends on impact or vibration energy, distance from the source, and soil characteristics. The aim of this paper is to provide a comprehensive review on the mechanistic of earthborne vibration and the current practice of vibration control and mitigation measures. The paper describes the state of knowledge in the areas of: (1) mechanics of earthborne vibration, (2) damage mechanism by earthborne vibration, (3) calculation, prediction of ground vibration, (4) the criteria of vibration limits, (5) vibration mitigation measures and their performance, and (6) the current practice of vibration control and mitigation measures.