• Journal of Labour Economics
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• v.43 no.3
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• pp.63-100
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• 2020

This paper incorporates the Diamond-Mortensen-Pissarides search and matching framework into the DSGE model. We estimate the model using a Bayesian estimation methodology on Korean data (1991:1-2020:1). Using the estimated model, we investigate the quantitative effects of wage subsidies. Wage subsidies increase matched firms' profits by reducing labor costs which leads to increases in new matches, employment and output. We find that for one percent of GDP in wage subsidies, the cumulative increase in the output level will be greater than 1 percent.

• Journal of Korea Multimedia Society
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• v.1 no.1
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• pp.109-119
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• 1998

This paper describes a research result on automatic generation of Abstract Test Suite from INAP protocol in formal specifications by applying many existing related algorithms such as Rural Chinese Postman Tour and UIO sequence concepts. We use the I/O FSM generated from SDL specifications and a characterizing sequence concepts. We use the I/O FSM generated from SDL specifications and a characterizing sequence, called UIO sequence, is defined for the I/O FSM. The UIO sequence is combined with the concept of Rural Chinese Postman tour to obtain an optimal test sequence. It also proposes an estimation methodology of the fault courage for the Test Suite obtained by our method and their translation into the standardized test notation TTCN.

• Journal of Wetlands Research
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• v.8 no.1
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• pp.107-112
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• 2006

This study aim is to establish the suitability analysis of a constructed wetland using Geographic Information System. A constructed wetland is a flood control reservoir that is able to control flows and conserve a preserving integrity of nature maximum. It has been did that DB construction of flood area, socioeconomic analysis, and space analysis using GIS. Achieved reiteration arithmetic function from results of several elements, it has been did analysis for possibility space of constructed wetland. Through the analysis of flood area and a constructed wetland capacity, it has been established the estimation where is possible to build wetland. This study is applied suitability analysis method where has been choose the basin of To-Phyeong river in Kyongsang-namdo with methodology presentation about suitability analysis.

• Journal of Power Electronics
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• v.16 no.2
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• pp.643-653
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• 2016

The conventional methods used to evaluate battery state-of-charge (SOC) cannot accommodate the chemistry nonlinearities, measurement inaccuracies and parameter perturbations involved in estimation systems. In this paper, an impedance-based equivalent circuit model has been constructed with respect to a LiFePO₄ battery by approximating the electrochemical impedance spectrum (EIS) with RC circuits. The efficiencies of approximating the EIS with RC networks in different series-parallel forms are first discussed. Additionally, the typical hysteresis characteristic is modeled through an empirical approach. Subsequently, a methodology incorporating an H-infinity observer designated for open-circuit voltage (OCV) observation and a hysteresis model developed for OCV-SOC mapping is proposed. Thereafter, evaluation experiments under FUDS and UDDS test cycles are undertaken with varying temperatures and different current-sense bias. Experimental comparisons, in comparison with the EKF based method, indicate that the proposed SOC estimator is more effective and robust. Moreover, test results on a group of Li-ion batteries, from different manufacturers and of different chemistries, show that the proposed method has high generalization capability for all the three types of Li-ion batteries.

• International Journal of Fluid Machinery and Systems
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• v.10 no.3
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• pp.254-263
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• 2017

The cavitation erosion remains an industrial issue for many applications. This paper deals with the cavitation intensity, which can be described as the fluid mechanical loading leading to cavitation damage. The estimation of this quantity is a challenging problem both in terms of modeling the cavitating flow and predicting the erosion due to cavitation. For this purpose, a numerical methodology was proposed to estimate cavitation intensity from 3D unsteady cavitating flow simulations. CFD calculations were carried out using Code_Saturne, which enables U-RANS equations resolution for a homogeneous fluid mixture using the Merkle's model, coupled to a $k-{\varepsilon}$ turbulence model with the Reboud's correction. A post-process cavitation intensity prediction model was developed based on pressure and void fraction derivatives. This model is applied on a flow around a hydrofoil using different physical (inlet velocities) and numerical (meshes and time steps) parameters. The article presents the cavitation intensity model as well as the comparison of this model with experimental results. The numerical predictions of cavitation damage are in good agreement with experimental results obtained by pitting test.

• Journal of Distribution Science
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• v.14 no.6
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• pp.39-44
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• 2016

Purpose - This paper aims to study the competition that occurs in the Islamic Banking industry and to analyze the variables that affect the total revenue of Islamic Banking in Indonesia. Research Design, Data and Methodology - This study observed 10Islamic banks for the period 2010-2013. The annual data are taken from Direktori Perbankan Indonesia, published by Bank Indonesia, and annual report of the observed banks. In analyzing data, Panzar Rosse Approach was applied to analyze the type of Islamic Bank Market and Panel Regression Model for the estimated co-efficients has been used in the Panzar Rosse Approach. Results - Estimation model shows that all the banking cost elements such as the price of capital, unit price of labor, and unit prices of funds have significant positive correlation to Revenue as a dependent variable. The estimated value of H-statistic for the period 2010-2013 is 0.69. It can be interpreted that Islamic banking market in Indonesia shows monopolistic competition. Price of capital and funds has statistically significant effect on Bank's Revenue. Conclusions - The study revealed that the Islamic banking market competition in Indonesia is monopolistic and the major contribution to the H-statistic comes from mainly price of funds.

• The Journal of Industrial Distribution & Business
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• v.9 no.6
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• pp.15-24
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• 2018

Purpose - The adjustment of one country's monetary policy can cause the macroeconomic change of other countries. Due to this, this paper attempts to analyze the impact of China's monetary policy on South Korea's exchange rate. Research design, data, and methodology - Based on the flexible-price monetary model, sets of annual time series from 1980 to 2017 are employed to perform an empirical estimation. The vector error correction model is also used to exploit the short-run relationship between both of them. Of course, the South Korea's real GDP, the China's real GDP, South Korea's interest rate, the South Korea's interest rate and the South Korea's monetary supply are treated as independent variables in this paper. Result - The long-run findings reveal that the China's money supply has a negative effect on South Korea's exchange rate. Respectively, the short-run findings depicts that the China's money supply has negative a effect on South Korea's exchange rate. Of course, other variables selected in this paper also have an effect on South Korea's exchange rate whatever positive or negative. Conclusions - As the empirical evidence shows, the China's monetary policy has a negative effect on South Korea's exchange rate whenever in the long run or in the short run.

• Journal of Environmental Impact Assessment
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• v.14 no.5
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• pp.317-335
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• 2005

This paper is primarily intended to propose a new concept of "aggregate control of road density" which is defined as the area-wide road surface per watershed area. An empirical study for experimental sites was conducted to confirm how a standard GIS technology can be used to assist in estimating the road density in terms of total volume threshold control. Guidelines for a replicable methodology are presented to provide a strong theoretical basis for the standardization of factors involved in the estimation of the road space threshold; the meaningful classification of road types, delination of watershed boundary, interpretation for distribution trends of road density etc. A variety of visual maps using overlay analysis can be generated over large areas quickly and easily to show the fact that some degree of road space already exists in the experimental sites. They could be used as an evidence to limit further construction of road network in comparison with other tributary watershed. It is anticipated that this research output could be used as a valuable reference to confirm the potential of introducing the new concept of "site specific road density" to support more scientific and objective decision-making in the process of road construction project.

• International Journal of Precision Engineering and Manufacturing
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• v.5 no.4
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• pp.61-68
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• 2004

Necessity to address engineering system uncertainties in design processes has long been acknowledged. To obtain quality of product, a safety factor is traditionally used by many design engineers due to its easy of use and comprehension. However, the safety factor approach often yields either conservative or unreliable designs, since it ignores the type of probability distribution and the mechanism of uncertainty propagation from the input to the output. For a consistent reliability-based design, two fundamental issues must be investigated thoroughly. First, the design-decision process that clearly identifies a mechanism of uncertainty propagation under system uncertainties needs to be developed, which must be an efficient and accurate process. To identify the mechanism more effectively, an adaptive probability analysis is proposed by adaptively setting probability levels through a posteriori error estimation. The second is to develop the design process that not only yields a high quality design but also a cost-effective optimum design from manufacturing point of view. As a result, a response surface methodology is specially developed for RBDO, thus enhancing numerical challenges of efficiency and complicatedness. Side crashworthiness application is used to demonstrate the integrated design process for product and manufacturing process design.

• Journal of Preventive Medicine and Public Health
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• v.38 no.4
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• pp.379-385
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• 2005

The impact of the next influenza pandemic is difficult to predict. It is dependent on how virulent the virus is, how rapidly it spreads from population to population, and the effectiveness of prevention and response efforts. Despite the uncertainty about the magnitude of the next pandemic, estimates of the health and economic impact remain important to aid public health policy decisions and guide pandemic planning for health and emergency sectors. Planning ahead in preparation for an influenza pandemic, with its potentially very high morbidity and mortality rates, is essential for hospital administrators and public health officials. The estimat ion of pandemic impact is based on the previous pandemics- we had experienced at least 3 pandemics in 20th century. But the epidemiologi cal characteristics - ie, start season, the impact of 1st wave, pathogenicity and virulence of the viruses and the primary victims of population were quite different from one another. I reviewed methodology for estimation and modelling of pandemic impact and described some nations's results using them in their national preparedness plans. And then I showed the estimates of pandemic influenza impact in Korea with FluSurge and FluAid. And, I described the results of pandemic modelling with parameters of 1918 pandemic for the shake of education and training of the first-line responder health officials to the epidemics. In preparing influenza pandemics, the simulation and modelling are the keys to reduce the uncertainty of the future and to make proper policies to manage and control the pandemics.