• East Asian Economic Review
• /
• 제18권2호
• /
• pp.111-142
• /
• 2014

We examine whether country fundamentals help explain the cross-section of currency excess returns. For this purpose, we consider fundamental variables such as default risk, foreign exchange rate regime, capital control as well as interest rate in the multi-factor model framework. Our empirical results show that fundamental factors explain a large part of the cross-section of currency excess returns. The zero-intercept restriction of the factor model is not rejected for most currencies. They also reveal that our factor model with country fundamentals performs better than a factor model with usual investment-style factors. Our main empirical results are based on 2001-2010 balanced panel data of 19 major currencies. This paper may fill the gap between country fundamentals and practitioners' strategies on currency investment.

• 유통과학연구
• /
• 제11권9호
• /
• pp.31-34
• /
• 2013

Purpose - This paper aims to explain that the Chinese distribution market will continue to bring tremendous business opportunities to commercial enterprises, given the relatively strong economic fundamentals and substantial government-led measures to boost domestic demand. Research design, data, methodology - A survey was conducted on China's retail market data during 2012. By empirically analyzing the data for retail sales of online markets and franchises, we conclude that the online retail market in China will continue to grow. Results - Based on data from 2012, 2013 is expected to be a challenging year for the retail sector, as both external and internal pressure is likely to persist. This paper outlines some major challenges facing retailers in China. Conclusions - The study shows that retailers in the Chinese market will face some major challenges: 1) the Chinese retail market is considerably affected by an uncertain economic outlook 2) an unfair environment of competition exists and 3) product safety is a serious issue. However, in the future, China's retail market will continue to bring tremendous business opportunities to commercial enterprises, given the relatively strong economic fundamentals and substantial government-led measures to boost domestic demand.

• 기본간호학회지
• /
• 제10권3호
• /
• pp.283-291
• /
• 2003

Purpose: This study was conducted to identify the relationship between climacteric symptoms and sexual satisfaction in middle-aged women. Method: Self-selection was used to recruit, for the study, 272 middle-aged women between 40 and 59 years of age from 2 metropolitan areas and 2 provinces in Korea. The questionnaire included information on demographic characteristics, climacteric symptoms and sexual satisfaction. Result: The results are as follows: 1. The mean/item climacteric symptom score was 1.91 and the mean sexual satisfaction score was 38.19.2. Climacteric symptoms were significantly influenced by age, education, economic status, frequency of abortions and menopausal status. Sexual satisfaction was influenced significantly by age, education, economic status and menopausal status. 3. There was a significant negative correlation between climacteric symptoms and sexual satisfaction (r=-.24, p =.0002). Conclusion: Sexuality should be considered when developing nursing strategies for middle-aged women, especially when dealing with climacteric symptoms.

• Journal of Information Processing Systems
• /
• 제20권1호
• /
• pp.93-104
• /
• 2024

China is playing more predominant role in the liquefied natural gas (LNG) market worldwide and LNG import price is subject to various factors both at home and abroad. Nevertheless, previous studies rarely heed a multiple of factors. A time-varying parameter factor augmented vector auto-regression (TVP-FAVAR) model is adopted to discover the determinants of China's LNG import price and their dynamic impacts from January 2012 to December 2021. According to the findings, market fundamentals have a greater impact on the import price of natural gas in China than overall economic demand, financial considerations, and world oil prices. The primary determinants include domestic gas consumption, consumer confidence and other demand-side information. Then, there are diverse and time-varying spillover effects of the four common determinants on the volatility of China's LNG import price at different intervals and time nodes. The price volatility is more sensitive and long-lasting to domestic natural gas pricing reform than other negative shocks such as the Sino-US trade war and the COVID-19 pandemic. The results in this study further proves the importance of domestic natural gas market liberalization. China ought to do more to support the further marketization of natural gas prices while working harder to guarantee natural gas supplies.

• KDI Journal of Economic Policy
• /
• 제28권1호
• /
• pp.193-218
• /
• 2006

본 논문은 한국의 근본적인 거시경제변수가 두 가지 다른 환율제도(자유변동 환율제도와 시장평균 환율제도)하에서 어떻게 다르게 반응하는가를 분석 연구한다. 이와 아울러 같은 기간 동안의 일본과 호주의 거시경제구조에 대한 비교 분석도 곁들인다. 한국은 1997년의 경제위기를 전후하여 환율정책을 시장평균 환율제도에서 자유변동 환율제도로 전환하였다. 이 시점을 계기로 한 한국의 외환정책 변경은 두 가지 환율제도를 비교 분석하는 데 아주 좋은 기회를 제공한다. 화폐경제이론에 기초한 환율결정 모델을 사용하여 대미환율과 거시경제변수에 대한 관계를 분석해 본 결과, 대미환율은 시장평균 환율제도하에서보다 자유변동 환율제도하에서 근본적인 거시경제변수에 더 민감하게 반응하는 것으로 나타났다. Impulse Response Analysis 분석결과에 의하면, 환율변동이 물가상승률에 미치는 영향은 시장평균 환율제도하에서 보다 자유변동 환율제도하에서 단기적으로 더 큰 것으로 나타났다. 이러한 결론은 개발도상국가에서는 안정적인 관리 환율제도가 경제성장을 위해 필요하다는 일반적인 견해와 일치하는 것이다.

• 한국콘텐츠학회논문지
• /
• 제10권11호
• /
• pp.318-328
• /
• 2010

본 광역권별 경제력 비교분석은 정부의 지역경제정책에 대한 기초연구로서 콜드스타트(cold start)된 5+2광역경제권의 상이한 경제여건과 펀더멘털을 고찰하고 설정된 비교지표를 중심으로 전국 7대 광역권의 지역경제력을 비교 분석해 봄으로써 글로벌 경쟁력 확보 차원에서 자립적 광역경제권을 육성한다는 정부의 지역경제정책의 타당성과 향후 광역경제권의 정책방향을 고찰하는데 목적을 두고 있다. 경제력지수 비교결과, 수도권의 경제력지수가 절대 우위에 있는 반면 강원권, 호남권, 제주권은 상대적 열위상태인 것으로 조사되었다. 지역의 특성과 경제적 펀더멘털이 다르기 때문에 향후 지역발전 및 광역경제권 정책을 추진함에 있어서는 이를 고려한 세심한 배려와 발전계획 수립이 필요할 것으로 보인다. 그리고 정부는 지역경제여건을 감안한 광역경제권사업의 지역안배와 조정을 통하여 지역사업의 중복성 문제를 원천 차단함으로써 재정의 효율성을 제고시켜야 할 것이다. 또한 수요분석에 기초한 demand-based policy와 demand-pull policy, 지역낙후성을 감안하여 예산균등할(豫算均等割)정책보다는 비균등할 지원책을 탄력적으로 사용함으로써 지역균형발전을 도모하여야 할 것으로 사료된다.

• 기본간호학회지
• /
• 제13권3호
• /
• pp.493-500
• /
• 2006

Purpose: This study was done to investigate the relationship between health related lifestyle and health status. Method: A survey was conducted with a questionnaire. Participants were 220 student nurses who were selected from G College, Incheon, Korea. ANOVA, t-test, Pearson correlation coefficient were used to analyze the data on health related lifestyle and health status. Results: First year student nurses had significantly higher score on health related lifestyle than senior students. But the social health status of senior students was significantly higher than that of first year students. Social health status was shown to be high for the students who had never been ill, who lived in their own house, and whose economic status was at the median level. There was a statistically significant correlation between health related lifestyle and health status (physical, emotional and social). Conclusion: Health related lifestyle has a significant influence on physical, emotional and social health. Also health conception, disease experience and economic status are related to physical, social health, and where the student lives has an effect on health related lifestyle.

• 기본간호학회지
• /
• 제18권2호
• /
• pp.152-159
• /
• 2011

Purpose: This study was done to identify factors related to glycemic control in men with diabetes. Methods: Data from the Korean National Health and Nutrition Examination Survey 2007 2008 collected by the Korean Center for Disease Control were analyzed using chi-square test and t-test. Results: There was a difference in glycemic control according to the individual factor of economic status. Differences in glycemic control according to health related factors were as follows: fasting blood sugar, cholesterol, triglyceride, sleep duration, experience of depression and suicidal thoughts. Conclusion: The results of this study will contribute to improvements in management for men with diabetes through comprehensive identification of factors related to glycemic control.

• 기본간호학회지
• /
• 제15권3호
• /
• pp.284-290
• /
• 2008

Purpose: This study was done to identify factors that influence self-rated health in elderly women. Method: The research design for this study was a descriptive survey design using a convenience sampling method. Data collection was done using a self-questionnaire with 201 women participating in the study. Frequencies, percentages, means, standard deviations, Pearson's correlation coefficients and stepwise multiple regression with the SPSS 10.0 program were used to analyze the data. Results: The age of the women ranged from 65 to 89 and mean was 72.9. The main factors that affected self-rated health were depression, sleep, family APGAR, economic level, social activities and number of illnesses. These variables accounted for 44% of self-rated health. Conclusion: The findings of this study provide useful information for constructing intervention programs for elderly women.

• 기본간호학회지
• /
• 제24권2호
• /
• pp.138-145
• /
• 2017

Purpose: This study was conducted to determine factors affecting depression in women patients with osteoarthritis. Methods: Raw data from the 6th Korea National Health and Nutrition Examination Survey in 2014 was used. Data for 480 women were included. Variables related to general, physical and psychological characteristics were selected. After a sampling plan compound file was created using IBM SPSS 23.0 program, data were analyzed by giving weights. Results: The results of the study are as follows. 1) Depression was significantly different according to economic status, marital status, knee pain, stress and subjective health status (p<.05). 2) Factors affecting the women included marital status, knee pain, stress, and subjective health status. The explanatory power was 41.0%. Conclusion: Results indicate that there is a need to give comprehensive consideration to the factors identified in this study when designing preventive interventions and management plans to alleviate depression in women with osteoarthritis.