Journal of the Korea Academia-Industrial cooperation Society
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v.12
no.10
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pp.4359-4368
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2011
Among several macroeconomic missteps blamed for the recent global financial crisis including the social problems of income distribution and the lack of proper financial remedies, two of them have received particular attention: the global BOP(Balance of Payment) imbalance and the misguided monetary policy. Such BOP imbalance was blamed for massive foreign exchange investment flows from Asia into the U.S., triggering the financial and real estate bubble in America. The latter refers to the excessively loose monetary policy of the U.S. Federal Reserve, which pushed financial institutions and households into reckless investment behavior in search of higher returns. Given the abuse of certain innovative financial techniques and new investment instruments that have been created in recent decades, both collateralized debt obligations (CDOs) and credit default swaps (CDS) enjoyed a symbiotic and toxic relationship prior to the financial crisis This paper is organized as follows: The first section analyzes the real causes of the recent financial crisis. The second details the role of CDOs and CDS. Then, to identify key determinants of the CDS spreads in an emerging capital market, the sample data of major Korean firms' CDS spreads are used to estimate the risk premium by utilizing the multiple regression analysis. The empirical test result indicates that Korean 3-year treasury bond rate(TYIELD), market to book value ratio(MV/BV), and assets size(INASSETS) are shown to demonstrate statistically significant influences on the changes of the CDS premium for sample firms.
Network reliability means network ability which perform normal operation of network components within defined time period, on the other hand, network survivability is the index of normal operation in nerwork failure. In occurrence of network failure, network operator is interested in the measurement of network survivability, but, in a view of subscribers, it is more interested in how many subscribers are out of service and how long the out of service state lasts. In this paper, a service outage evaluation model fitted for telecommunication network in Korea is proposed, which measures the impacts of subscribers in case of network failure which induces a service outage. The outage evaluation result of "Mobile to Land" service outage which has 30.000 subscribers affected for 30 minutes is 2.5. This value is 5 times larger than that of the same service outage which has 10,000 subscribers affected for 30 minutes, i.e, the impact of subscribers in the former case is 5 times larger than that of the latter case. If 30,000 subscribers have isolated in "Mobile to Land," "Local Mobile to Mobile" service for 30 minutes by the exchange out of order in PCS network, then the evaluation result of this service outage will be 3.75.
Kim Hee-Jung;Chung Chae-Heon;Oh Sang-Ho;Choi Han-Cheol
The Journal of Korean Academy of Prosthodontics
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v.42
no.6
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pp.628-640
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2004
Statement of problem. Wear as a result of repeated closing/opening cycles may decrease the friction coefficient of screw head, threads, and other mating components and, consequently, resistance to opening gradually decreases. It may cause screw loosening, which is one of the most common failures in implant prosthesis. Purpose. The purpose of this study is to evaluate the changes on the head and thread surface of the abutment screws after repeated closing and opening through the examination of tested screws in SEM(scanning electron microscope). Materials and methods. Five species of abutments were selected (3i-three, Avana-two) respectively by two pieces. The implant fixtures were perpendicularly mounted in liquid unsaturated polyesther(Epovia, Cray Valley Inc.) with dental surveyor. Each abutment was secured to the implant fixture by each abutment screw with recommended torque value using a digital torque controller. The abutment screws were repeatedly tightened and removed 20 times with a digital controller. FESEM (field emission scanning electron microscope, Netherland, Phillips co., model:XL 30 SFEG) was used to observe changes of each part caused by repeatedly closing/opening expeiment. First, the Photomicrographs of pre-test screws provided by each manufacturer were taken. The changes of each screw were investigated after every fifth closing and opening experiment with FESEM. Scaning electron microscope photomicrographs of each screw were taken four times. Results. As the number of closing and opening was increased, the wear or distortion of hexed or squared slot that contacted with the driver tip was more severely progressed. Wear or distortion of hexed slot was more severe than that of squared slot and it was more remarkable in the titanium screw than in the gold screw. All the tested screws showed that the width in the crest of their screw thread decreased gradually as the test was proceeded. Conclusions. Conclusively, we recommend the clinical use of gold screw, a periodic exchanges of abutment screws and avoiding repeated closing/opening unnecessarily. We also suggest a more careful manipulation of the abutment screw and screw-driver and using of abutment screw with an acute-angled slot design rather than an obtuse-angled one. Finally, it is suggested that the new slot design and the surface treatment for enduring wear or distortion should be devised.
Journal of the Korea Organic Resources Recycling Association
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v.4
no.2
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pp.55-62
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1996
The purpose of this study is the evaluation of adsorption capacity of casts for heavy metals comparing with the activated carbon. The casts was obtained from vermicomposting of the mixed organic sludges which were generated from the treatment facilities for leather wastewater and cattle wastewater. The physico-chemical characteristics of cast was investigated. Also, the batch adsorption experiments of cast and activated carbon for heavy metals were carried out, and the results were analyzed by Freundlich isotherm. The buffering capacity to the acidic wastewater was founded in the cast, and the cation exchange capacity of cast impling adsorption capacity for soluble substances was evaluated as about 55me/100g. Those were implied that the cast have a large potential as a good adsorbent for soluble pollutants in wastewater. From the results of batch experiments, the removal efficiencies of tested various heavy metals including Pb, Cu, Cd, and Cr were very high value as 89-98% for the activated car-bon, and 80~95% for the casts except for Zn. The adsorption equilibriums for the two materials were achieved within 90 minutes. The order of preferable metals in the adsorption was found to be Pb>Cu>Cd>Cr>Zn on the cast and to be Pb>Cd>Cu>Cr>Zn on the activated carbon, respectively. From the above results, it might be con-cluded that cast is effectively available as a good adsorbent to treating the heavy metal bearing wastewater.
Journal of the Korean Society of Environmental Restoration Technology
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v.15
no.3
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pp.45-54
/
2012
This study intended to analyze growth condition of each object by protected tree's ground for 45 places registered to Pyeongtaek protected tree list in locational characteristics, conduct exchange analysis for impediment extent rate in crown area and tree type to the result and suggest the measures to manage artificial impediment which is an effect on protected tree condition. In this study, the tree whose area of impediment for crown area is less than 21% is tree condition of grade 1~2, less than 21~50% is grade 2~3 and more than 50% is grade 3~5. The more impediment is, the more inconvenience causes on growth and development. So, it verified that the area rate must maintain less than 21% for the root system management of protected tree. For the standard of managing artificial impediment which is an effect on the tree condition of protected trees, the below matters intend to be suggested. The first, the impediment in crown area should be less than 21%. But, if there is not artificial impediment out of crown area, the rate of impediment area is considered to increase somewhat. The second, growth space of protected tree should be maintained by crown area at least and impediment should be established out of the crown area. The third, during the national project and land development, surroundings of protected tree must be applied as park, resting place, etc. and the establishment area of impediment (artificial impediment and natural impediment) in crown area must be limited. The forth, publicity for regional people (especially, land owner) is necessary for the protection of natural inheritance and the value of dependence on local government and village which are the subject of management must be announced widely through the internet media, etc, so its importance must be recognized. The fifth, the matters related to protected tree management must be able to limit artificial damage which is for surroundings of protected tree through the mutual connection among the local governments; construction, civil engineering, architecture, water and sewage, agriculture and forest and others. Also, following studies on the effects of kinds, thickness, etc. of impediment around the protected tree on trees should be continued.
Although online social network services widely used in human networking and recruiting industries, it is showing off its limitations in followings-it's hard to reach the status of seamless connection between offline and online; the incompletion and low credibility of the information came from non-face-to-face profile exchange; and the restraint of user autonomy due to centralized control. This paper defines the ubiquitous social network management which enables the seamless real-time face-to-face social interactions of the users based on WPAN (Wireless Personal Area Network) who share the same interest in real word and deduces a ubiquitous social network management framework based on it. As an instance of ubiquitous social network management, u-Recruiting service model will be designed and analyzed. The Analysis using the business model will be followed by the possible scenario of service model. The role, value proposition and potential benefits of the each participants in this service model and will be given as well. In order to evaluate relative advantages of the model suggested by this study, 6 cases will be compared.
Park, Jeong-Hwan;Suh, Jeong-Kwon;Jeong, Soon-Yong;Lee, Jung-Min;Doh, Myung-Ki
Applied Chemistry for Engineering
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v.8
no.2
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pp.204-210
/
1997
Zeolite 4A-impregnated complex molecular sieve was prepared by hydrothermal reaction after aluminosilicate gel was penetrated into the pore of activated carbon granule. The crystals of zeolite 4A mainly were formed in the macropore of activated carbon, and their average diameter is $0.8{\mu}m$. The pore volume of activated carbon granule is $0.67m{\ell}/g$, and the pore volume of the sample including 21.6wt% of zeolite 4A crystal is $0.41m{\ell}/g$ decreasing the pore volume by 40% due to the crystallization of zeolite 4A crystals on the internal surface of activated carbon. The calcium ion exchange capacity of zeolite 4A-impregnated sample is 320mg $CaCO_3/g$ zeolite, and this value is almost the same as that of zeolite 4A powder. The crystal of zeolite 4A was not separated from the support of activated carbon granule in the course of ultrasonic dispersion. The adsorption isotherm of water on zeolite 4A-impregnated sample shows the intermediate shape between types, I and III. In addition, zeolite 4A-impregnated sample shows the hydrophilic and hydrophobic properties simultaneously.
${\beta}-Lactamase$, secreted from Bacillus sp. J105 strain was purified to a single band on SDS-PAGE by ammonium sulfate precipitation, ion exchange column chromatography and gel-filtration. The molecular weight of the purified enzyme was 31 kDa on SDS-PAGE and its isoelectric point was 7.35. Optimal pH and temperature for enzymatic reaction were 5 and $40^{\circ}C$, respectively. As a result of total amino acid composition analysis of the purified enzyme, Gly and Ala were occupied 14.1 and 13.3 mole %, respectively. Km and Vmax value of purified enzyme were 1.33 mM and 0.36 mM/ml using ampicillin as a substrate, respectively.
The protease from Halomonas sp. ES 10 was purified by methanol precipitation, gel filtration on Sephadex G-150 and G-200, and ion exchange chromatography on DEAE-Sephadex A-50. The purified enzyme was found to be homogeneous by polyacrylamide gel electrophoresis. The specific activity of purified enzyme was 1,014 units/mg protein, and the yield of the total activity from the culture filtrate was 7%. The optimal temperature and pH for the enzyme activity were $35^{\circ}C$, and pH 11.0, respectively. And the enzyme was stable in the range of $pH\;7.5{\sim}11.0$. The residual activity of the enzyme was 70%, when the enzyme was incubated at $50^{\circ}C$ for 40 min. The Km value of the enzyme was 7.4 mg/ml to milk casein. $Li^+$, $Ca^{2+}$, SDS and Tween 80 were appeared to activators, whereas $Hg^{2+}$ and EDTA to inhibitors. The addition of DFP and PMSF showed the relative enzyme activities of 63% and 107%, respectively, suggesting that the enzyme may not belong to serine type protease. When the alkaline protease was treated with 0.5 M and 1 M NaCl, the relative enzyme activities were 95% and 65%, respectively. This enzyme showed 20% and 15% higher enzyme activity than that of Aspergillus oryzae (Sigma Chemical Company product, P4755) in the presence of 0.5 M and 1 M NaCl.
The coastal regions of Yeosu, the South Sea of Korea, has occurred annually the red tide which is caused by potentially ichthyotoxic dinoflagellate C. polykrikoides, with a wide avenue for exchange with oceanic waters and freshwater runoff from Sumjin river. We attempted to examine the variability in response to vertical migration and concentration of extracted DNA/RNA of C. polykrikoides exposed to salinity-stratified waters. The experimental aquarium of the 60 liter was employed to culture C. polykrikoides. One aquarium was supplied with only sea water, the other was consisted of sea water and freshwater. Experiment was conducted for 5 days. In experimental column (mixture of freshwater and sea water), salinity was maintained to 20 at upper and approximately 30 at bottom during the period of this study. The fluctuation with related to dissolved oxygen and pH was similar pattern to both columns. Chlorophyll a was significantly higher value at upper than bottom. During 24h, chlorphyll a on experimental column was extremely high on the top as soon as lighting, compared with control. With elapsed time, the gap between experimental and control columns was a little. In darkness, chlorophyll a was not significantly different between upper and bottom, most cells appeared to randomly distribute on column regardless of water layer. Fluctuation with related to concentration of extracted DNA and RNA based on ratio of absorbance of 260 and 280 nm in experimental column was higher at final day or diel migration than control. These results implied that a large volume of freshwater could be associated with influence of concentration of DNA and RNA, in particular, rapid upward movement caused massive fish kills as soon as sunset.
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