• Title/Summary/Keyword: Global State

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Capital Market Volatility MGARCH Analysis: Evidence from Southeast Asia

  • RUSMITA, Sylva Alif;RANI, Lina Nugraha;SWASTIKA, Putri;ZULAIKHA, Siti
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.117-126
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    • 2020
  • This paper is aimed to explore the co-movement capital market in Southeast Asia and analysis the correlation of conventional and Islamic Index in the regional and global equity. This research become necessary to represent the risk on the capital market and measure market performance, as investor considers the volatility before investing. The time series daily data use from April 2012 to April 2020 both conventional and Islamic stock index in Malaysia and Indonesia. This paper examines the dynamics of conditional volatilities and correlations between those markets by using Multivariate Generalized Autoregressive Conditional Heteroscedasticity (MGARCH). Our result shows that conventional or composite index in Malaysia less volatile than Islamic, but on the other hand, both drive correlation movement. The other output captures that Islamic Index in Indonesian capital market more gradual volatilities than the Composite Index that tends to be low in risk so that investors intend to keep the shares. Generally, the result shows a correlation in each country for conventional and the Islamic index. However, Internationally Indonesia and Malaysia composite and Islamic is low correlated. Regionally Indonesia's indices movement looks to be more correlated and it's similar to Malaysian Capital Market counterparts. In the global market distress condition, the diversification portfolio between Indonesia and Malaysia does not give many benefits.

Adaptive Fuzzy Observer without SPR Condition for Uncertain Nonlinear Systems (불확실한 비선형 계통에 대한 SPR 조건이 필요 없는 적응 퍼지 관측기)

  • Park, Jang-Hyun;Kim, Seong-Hwan
    • Journal of IKEEE
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    • v.7 no.2 s.13
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    • pp.156-165
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    • 2003
  • This paper describes the design of a robust adaptive fuzzy observer for uncertain nonlinear dynamical system. We propose a new method in which no strictly positive real (SPR) condition is needed. No a priori knowledge of an upper bound on the lumped uncertainty is required. The Lyapunov synthesis approach is used to guarantee a semi-global uniform ultimate boundedness property of the state observation error, as well as of all other signals in the closed-loop system. The theoretical results are illustrated through a simulation example of a mass-spring-damper system.

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Wavelet based multi-step filtering method for bridge health monitoring using GPS and accelerometer

  • Yi, Ting-Hua;Li, Hong-Nan;Gu, Ming
    • Smart Structures and Systems
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    • v.11 no.4
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    • pp.331-348
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    • 2013
  • Effective monitoring, reliable data analysis, and rational data interpretations are challenges for engineers who are specialized in bridge health monitoring. This paper demonstrates how to use the Global Positioning System (GPS) and accelerometer data to accurately extract static and quasi-static displacements of the bridge induced by ambient effects. To eliminate the disadvantages of the two separate units, based on the characteristics of the bias terms derived from the GPS and accelerometer respectively, a wavelet based multi-step filtering method by combining the merits of the continuous wavelet transform (CWT) with the discrete stationary wavelet transform (SWT) is proposed so as to address the GPS deformation monitoring application more efficiently. The field measurements are carried out on an existing suspension bridge under the normal operation without any traffic interference. Experimental results showed that the frequencies and absolute displacements of the bridge can be accurate extracted by the proposed method. The integration of GPS and accelerometer can be used as a reliable tool to characterize the dynamic behavior of large structures such as suspension bridges undergoing environmental loads.

A Basic Study on Improvement of PLS as a future Lighting by Prospect of Global Demands and Analysing Lighting Technology (Global 조명수요 전망 및 조명 기술 분석을 통한 미래 조명용 PLS 발전 방향 모색)

  • Oh, Eun-Suk;Jung, Kwan-Jin;Jung, Im-Hwa
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2006.05a
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    • pp.168-171
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    • 2006
  • After an incandescent lamp developed as a first light source using electric energy in 1879, various lamps have been developed and promoted for usual convenience. Although lots of light sources have been developed for the past centry, among them some were used widely but some were hardly used contray to the initial expectations. Incandescent, fluorescent, HID and LED lamps which are normally used these days were treated as new type of light sources and very difficult to be popularized at the initial stage. In spite of the initial difficulties, these light sources and luminaries are still so popular because all of them were improved to be used easily by reflecting human's mental and physiological state. Like this when new light sources and luminaries are developed, a careful consideration, if these are proper for the surroundings or not, must be preceded. This study finally derived development factors of PLS developed in domestic to be played an important role in future light by analyzing product trends, social and lighting development changes.

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A study on the existing state of things and hereafter subject for the Strategy of Korea according as the Climate Change Convention (기후변화협약에 따른 우리나라의 대응 동향 및 향후 과제에 관한 연구)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2006.04a
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    • pp.392-399
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    • 2006
  • Since the global warming problem emerged in the international community, the problem has been sought to be not at the national but at the global level. As a result, the United Nations Framework Convention on Climate Change was agreed by international delegates in 1992, and the Kyoto Protocol which imposes industrialized nations to decrease their greenhouse gas emission was agreed by the international community in 1997. Kyoto protocol came into effect for reduction duty of greenhouse gas.(16-Feb-2005) High developed countries press environmental regulation. It will strengthen an environment regulation from advanced nation with this protocol. This study is intended to examine unfolding transition on negotiations of Conference of Parties(COP), the Kyoto Mechanism referred as a cost-effective tool to meet a targeted level of greenhouse gas decrease, and trends in responses of developed countries to the Kyoto Protocol, and finally suggests legal and politic counterplans responding to the United Nations Framework Convention on Climate Change (hereafter, UNFCCC).

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Habit Reversal Training in Tic Disorder (틱 장애에서 습관뒤집기 훈련의 임상효과)

  • Hong, Jong-Woo;Doh, Jin-Ah;Kim, Hyun-Woo;Lim, Myung-Ho
    • Anxiety and mood
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    • v.6 no.1
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    • pp.24-30
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    • 2010
  • Objectives : Tic disorder is known to be a chronic neuro-behavioral disease, cognitive behavioral treatment (CBT) strategies, like habit reversal training (HRT), are introducing recently. We report the effectiveness of HRT in Tourette disorder, which are very common in clinical settings. Methods : The DSM-IV clinical diagnosis applied by child psychiatrist. YGTSS, Kovac's children's depression inventory, Spielberger State-Trait Anxiety Inventory, Abbreviated Conners' Rating Scales, Dupaul ADHD Rating Scales are used. Ultimately, totally 10 children were evaluated. Subject group are consist of 6 boys and 4 girls, and the mean age was $10.90{\pm}1.73$ years old. This study is treatment-refractory 10 patients (from 9-14 years old) though 1 years drug treatment and psychiatric consultation were taken. We administered 5 times of HRT for 4 weeks. Results and Conclusion : There were improvement of scores in Yale Global Tic Severity Scale, Clinical Global Improvement. Our observations indicate that HRT might be effective in the treatment of Tourette disorder.

Higher-Order Conditional Random Field established with CNNs for Video Object Segmentation

  • Hao, Chuanyan;Wang, Yuqi;Jiang, Bo;Liu, Sijiang;Yang, Zhi-Xin
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.15 no.9
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    • pp.3204-3220
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    • 2021
  • We perform the task of video object segmentation by incorporating a conditional random field (CRF) and convolutional neural networks (CNNs). Most methods employ a CRF to refine a coarse output from fully convolutional networks. Others treat the inference process of the CRF as a recurrent neural network and then combine CNNs and the CRF into an end-to-end model for video object segmentation. In contrast to these methods, we propose a novel higher-order CRF model to solve the problem of video object segmentation. Specifically, we use CNNs to establish a higher-order dependence among pixels, and this dependence can provide critical global information for a segmentation model to enhance the global consistency of segmentation. In general, the optimization of the higher-order energy is extremely difficult. To make the problem tractable, we decompose the higher-order energy into two parts by utilizing auxiliary variables and then solve it by using an iterative process. We conduct quantitative and qualitative analyses on multiple datasets, and the proposed method achieves competitive results.

The Trend of Blockchain in Vietnam and Its Implications for ROK

  • Cho, Hanbum (Albert);Choi, Jack;Nguyen, Huy-Nam;Nguyen, Thi-Hong
    • Journal of Multimedia Information System
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    • v.8 no.3
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    • pp.197-202
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    • 2021
  • Bitcoin and blockchain are often making headlines not only on TV or media but also among the public in today's society. These technologies have been developed after the risk of the centralized financial system came to the fore during the 2007 global financial crisis. Since then, an anonymous inventor called Satoshi Nakamoto penned the bitcoin white paper where a blockchain-based reference implementation was introduced. Bitcoin was able to achieve unprecedented growth by positioning itself as one of the top global currencies in terms of market capitalization after five years since its development. The pace of Vietnam's economic development is notably fast among Asian nations, while the nation was expected to be a Southeast Asian blockchain hub but they have banned virtual currency trading recently. However, they've also designated the State Bank of Vietnam (SBV) as a responsible agency for the research of blockchain-based cryptocurrencies, the construction of a service ecosystem, and their test operations. The fast-growing economy, increasing number of smartphone users, and the Vietnam government's support policies for startups substantiate these efforts. Therefore, this paper attempts to study the current status of Vietnam's blockchain technology that has been considered to be the center of blockchain systems right behind Singapore, and its implications for Korean companies.

Paleovegetation and Paleoclimate Changes in Southeastern Part of the Korean Peninsula over the Last 30 kyr Inferred from Plant Wax Carbon Isotopes (장족형 탄화수소(n-alkane)의 탄소 안정동위원소비를 통한 과거 3만년 동안 한반도 남동해안의 고식생 및 고기후 복원)

  • Suh, Yeon Jee;Hyun, Sangmin
    • Ocean and Polar Research
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    • v.40 no.4
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    • pp.289-297
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    • 2018
  • This study reconstructs past vegetation changes in southeastern Korea over the last 30 thousand years using plant waxes (i.e. long chain n-alkanes) and their carbon isotopic compositions (${\delta}^{13}C_{alk}$) preserved in marine sediment core (KIODP 12-1) retrieved from the East Sea. Here we show changes in vegetation composition in the Korean peninsula in relation to the strength of the East Asian Summer Monsoon. During the Last Glacial Maximum (LGM), when the summer monsoon weakened, precipitation decreased and $C_3$ grassland expanded. After the LGM, the summer monsoon gradually intensified, increasing rainfall, and thus expanding the forestland coverage. Precipitation climaxed from 10 to 6 kyr BP, which includes the Holocene Climate Optimum. The grassland began to expand since 5 kyr BP due to climate warming and drying towards the present. The ${\delta}^{13}C_{alk}$ values may also have been influenced by agricultural activities, which is known to have begun since the late Neolithic (ca. 7.0~3.0 kyr BP). Our results demonstrate how changes in the global climate state influence regional atmospheric circulation and precipitation distribution, and consequently terrestrial plant composition in southeastern Korea.

Analysis and Design of Smart Transportation System with 4th Industrial Revolution in Nigeria

  • Chukwuma, Patrick Chidalu;Chang, Soon Heung;Kim, Yun Seon
    • International Journal of Contents
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    • v.14 no.4
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    • pp.39-50
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    • 2018
  • This paper analyzes the existing transportation systems of Nigeria and Korea and proposes a new railway and roadway design for Nigerian cities. The research findings and feasibility study revealed that the state of Nigeria's transportation system was critical as was its market segment, infrastructural deficit and financial requirement needed to implement a smart transportation system. The dilapidation of the existing infrastructure coupled with poor maintenance culture and limited public transport services has hindered the economic growth of Nigeria and its cities. A case study of Korea and Japan shows some possible solutions to Nigeria transportation challenges. Analytical and descriptive methods were used to critically assess the infrastructural challenges, movement, and convenience. The study proposed the design of a new intercity railroad and roadway across Abuja, Enugu, Lagos and Port Harcourt cities. The proposed designs have been established to be an innovative solution with advanced benefits over the current system. The implementation of the proposed designs is estimated to cost about US$(77,832,027,719) across the study areas. Thus, the discussion, conclusion, and recommendations given present a proposal to the Nigerian government on the possibility of solving the Nigerian intercity railroad and roadway transportation challenges across Abuja, Enugu, Lagos and Port Harcourt cities through smart designs.