• Title/Summary/Keyword: Impulse-Response Analysis

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Does the Business Survey Index of the Federation of Korean Industries at the Service Industry Lead the domestic stock market ? (서비스 산업에서 전경련 BSI지수는 주식시장을 예측할 수 있는가?)

  • Kim, Joo Il;Kim, Byoung ryul
    • Journal of Service Research and Studies
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    • v.6 no.3
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    • pp.41-54
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    • 2016
  • We examine the information transmission between the business survey index(BSI) based on the returns data offered by Federation of Korean Industries and KOSPI Index based on the returns data offered by Korea Bank. The data includes monthly return data from January 1998 to September 2015. The results of the analysis are as follows. Firstly, results of Granger Causality test suggests the existence of mutual causality KOSPI Index precede and have explanatory power BSI. Secondly, the results of impulse response function suggest that BSI Index show immediate response to KOSPI Index and are influenced by till time 4 From time 2 the impact gradually disappears. Also KOSPI Index show immediate response to BSI and are influenced by till time 4 From time 2 the impact gradually disappears. Lastly, the variance decomposition analysis showed a high influence of the KOSPI Index on the BSI and significant influence of the BSI on the KOSPI Index. This implies that returns on the KOSPI Index have a significant influence over returns on the BSI. The study is a further extension of existing studies on information transmission mechanism between the BSI and KOSPI. Finally, our results can be used as a guide by the Korea Bank and Republic of Korea and as well as Federation of Korean Industries.

Performance Analysis of the Channel Equalizers for Partial Response Channels (부분 응답 채널을 위한 채널 등화기들의 성능 분석에 관한 연구)

  • Lee, Sang-Kyung;Lee, Jae-Chon
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.27 no.8A
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    • pp.739-752
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    • 2002
  • Recently, to utilize the limited bandwidth effectively, the concept of partial response (PR) signaling has widely been adopted in both the high-speed data transmission and high-density digital recording/playback systems such as digital microwave, digital subscriber loops, hard disk drives, digital VCR's and digital versatile recordable disks and so on. This paper is concerned with adaptive equalization of partial response channels particularly for the magnetic recording channels. Specifically we study how the PR channel equalizers work for different choices of desired or reference signals used for adjusting the equalizer weights. In doing so, we consider three different configurations that are actually implemented in the commercial products mentioned above. First of all, we show how to compute the theoretical values of the optimum Wiener solutions derived by minimizing the mean-squared error (MSE) at the equalizer output. Noting that this equalizer MSE measure cannot be used to fairly compare the three configurations, we propose to use the data MSE that is computer just before the final detector for the underlying PR system. We also express the data MSE in terms of the channel impulse response values, source data power and additive noise power, thereby making it possible to compare the performance of the configurations under study. The results of extensive computer simulation indicate that our theoretical derivation is correct with high precision. Comparing the three configurations, it also turns out that one of the three configurations needs to be further improved in performance although it has an apparent advantage over the others in terms of memory size when implemented using RAM's for the decision feedback part.

A Study on the Channel Normalized Pitch Synchronous Cepstrum for Speaker Recognition (채널에 강인한 화자 인식을 위한 채널 정규화 피치 동기 켑스트럼에 관한 연구)

  • 김유진;정재호
    • The Journal of the Acoustical Society of Korea
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    • v.23 no.1
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    • pp.61-74
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    • 2004
  • In this paper, a contort- and speaker-dependent cepstrum extraction method and a channel normalization method for minimizing the loss of speaker characteristics in the cepstrum were proposed for a robust speaker recognition system over the channel. The proposed extraction method creates a cepstrum based on the pitch synchronous analysis using the inherent pitch of the speaker. Therefore, the cepstrum called the 〃pitch synchronous cepstrum〃 (PSC) represents the impulse response of the vocal tract more accurately in voiced speech. And the PSC can compensate for channel distortion because the pitch is more robust in a channel environment than the spectrum of speech. And the proposed channel normalization method, the 〃formant-broadened pitch synchronous CMS〃 (FBPSCMS), applies the Formant-Broadened CMS to the PSC and improves the accuracy of the intraframe processing. We compared the text-independent closed-set speaker identification on 56 females and 112 males using TIMIT and NTIMIT database, respectively. The results show that pitch synchronous km improves the error reduction rate by up to 7.7% in comparison with conventional short-time cepstrum and the error rates of the FBPSCMS are more stable and lower than those of pole-filtered CMS.

A Study on the Development of Tube-to-Support Nonlinear Impact Analysis Model (튜브와 지지대 사이의 비선형 충격해설모델 개발에 관한 연구)

  • 김일곤;박진무
    • Journal of KSNVE
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    • v.5 no.4
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    • pp.515-524
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    • 1995
  • Tubes in heat exchanger of fuel rods in reactor core are supported at intemediate point by support p0lates or springs. Current practice is, in case of heat exchanger, to allow clearance between tube and support plate for design and manufacturing consideration. And in case of fuel rod the clearance in support point can be generated due to the support spring force relaxation. Flow-induced vibration of a tube can cause it to impact or rub against support plate or against adjacent tubes and can result in fretting-wear. The tube-to- support dynamic interaction is used to relate experimental wear data from single-span test rigs to real multi-span heat exchanger configurations. The dynamic interaction cna be measured during experimental wear tests. However, the dynamic interaction is difficult to measure in real heat exchangers and, therefore, analytical techniques are required to estimate this interaction. This paper describels the nonlinear impact model of DAGS(Dynamic Analysis of Gapped Structure) code which simulates the tube response to external sinusodial or step excitation and predicts tube motion and tube-to-support dynamic interaction. Three experimental measurements-two single span rods excited by sinusodial force and a two span rod impacted by a steel ball are compared from the simulation nonlinear model of DAGS code. The simulation results from DAGS code are in good agreement with measurements. Therefore, the developed model of DAGS code is good analytical tool for estimating tube-to-support dynamic interaction in real heat exchangers.

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Performance Analysis of LDPC code with Channel Estimation in Underwater Communication (수중통신 채널에서 채널 추정 오차에 따른 LDPC 부호 성능분석)

  • Kim, Nam-Soo;Jung, Ji-Won;Kim, Ki-Man;Seo, Dong-Hoan
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.13 no.11
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    • pp.2295-2303
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    • 2009
  • Underwater acoustic(UWA) communication has multipath error because of reflection by sea-level and sea-bottom. The multipath of UWA channel causes signal distortion and error floor. In this paper, we proposed the compensation method of multipath effect using the impulse response of the UWA channel and then analysis the performance of channel coding such as LDPC code, concatenate code. Also we analysed the time-delay errors and estimated amplitude errors of estimated channel information and its affection on the performance. As shown in simulation results, the performance of proposed compensation method is better than the performance of conventional method.

Using a Dynamic Approach to Analyze the Relationship between Forest Household Income and Income Inequality (동태적 접근을 통한 임가의 소득과 소득불평등 간의 관계 분석)

  • Kim, Eui-Gyeong;Kim, Dae-Hyun;Kim, Dong-Hyun
    • Journal of Korean Society of Forest Science
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    • v.109 no.1
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    • pp.99-108
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    • 2020
  • Although the relationship between income and income inequality has previously been discussed, the present study applies a dynamic approach to analyze the specific relationship between forest household income and income inequality. For this analysis, a unit root test and a cointegration test were conducted to characterize the nature of income time-series data. After converting unstable time-series data into stable time-series data, a VAR model was estimated. Based on this model, an impulse-response was generated and variance-decomposition analysis was performed. These analyses showed that the effect of forest household income was relatively larger than that of the Gini coefficient, and that the impact of forest household income not only caused income to increase but also caused the Gini coefficient to decrease. In addition, the impact of the Gini coefficient had an impact on reducing forest household income and further increasing income inequality. We conclude that, with the aim of alleviating the inequality of forest household income, an income growth policy would be more effective than an income distribution policy.

Comparison Impulse Response Method with Method of Characteristics for Transient Analysis in a Pipeline System with hydraulic devices (수리구조물이 부착된 관망에서의 천이류 해석에 대한 임펄스응답법과 특성선방법의 비교 연구)

  • Song, Yong-Seok;Jang, Il;Kim, Sang-Hyun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2007.05a
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    • pp.1179-1183
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    • 2007
  • 관망 내에서 흐름의 연속 방정식과 운동량 방정식을 상 미분으로 전개하여 해석한 특성선 방법은 주로 가압 관망체계(Pressurized Pipeline System)에서의 부정류 해석(Unsteady Analysis)에 사용 된다. 그러나 이특성선 방법은 천이류 해석을 위한 관망 재구성 과정에서 Courant수 조건의 만족을 위한 관의 재배열에 천문학적인 계산용량과 시간이 필요하다는 단점이 있다. 이는 현장 적용 시 압력파 전파속도의 불확실성과 연계되어 상당한 장해요소가 되고 있다. 이에 대안적인 방법으로서 임펄스응답법이 개발되었다. 이는 경계지점에서 복소수 유량에 대한 복소수 수두의 비율로써 정의된 관망에서의 수리임피던스를 역퓨리에 변환에 적용하여, 주파수 영역의 수치를 시간 영역으로 변환하여 응답함수를 산출한 후, 산출된 응답함수와 구해진 경계지점에서의 유량과의 적분을 통하여 임의의 지점에서의 수두 및 유량을 계산하는 방법이다. 임펄스 응답법은 관 부속물관의 특성을 기술하는 수학적 표현의 난해함으로 인해 지금까지는 단일관에 대한 연구에만 국한되어 왔다. 본 연구에서는 임펄스응답법을 수리구조물이 부착된 관망에 적용하여 다양한 조건에서 천이류 분석을 시행하였다. 즉, 에어챔버 및 서지탱크와 같은 수리구조물을 각각에 대한 수리임피던스를 구하고, 가지관 및 통합 관성항으로 취급하여 수리구조물을 처리하였다. 그리고 이러한 결과를 특성선방법과 비교하여 그 적절성을 검증하였는데, 특성선 방법에 의한 모의 결과와 비교하였을 때, 일치하는 결과를 나타내었다. 임펄스응답법에 의한 모의 결과에서 감쇄효과를 과대평가하는 경향이 관찰되었다. 이는 임펄스 응답법의 가정에 기인한 것으로써 난류 상태의 흐름에서 상당한 불일치를 가져올 수 있으나, 수리 구조물에 의한 수격압이 감쇄되는 과정에서 대부분 흐름이 층류 상태로 전환된다고 가정 할 때는 상당한 적용성이 있다. 본 연구는 수리구조물이 부착된 관망의 해석함에 있어서 임펄스응답법의 적용이 가능함을 보였고, 이는 보다 복잡한 관망에서의 천이류 해석이 가능함을 시사한다.

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Instrumentation and system identification of a typical school building in Istanbul

  • Bakir, Pelin Gundes
    • Structural Engineering and Mechanics
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    • v.43 no.2
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    • pp.179-197
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    • 2012
  • This study presents the findings of the structural health monitoring and the real time system identification of one of the first large scale building instrumentations in Turkey for earthquake safety. Within this context, a thorough review of steps in the instrumentation, monitoring is presented and seismic performance evaluation of structures using both nonlinear pushover and nonlinear dynamic time history analysis is carried out. The sensor locations are determined using the optimal sensor placement techniques used in NASA for on orbit modal identification of large space structures. System identification is carried out via the stochastic subspace technique. The results of the study show that under ambient vibrations, stocky buildings can be substantially stiffer than what is predicted by the finite element models due to the presence of a large number of partitioning walls. However, in a severe earthquake, it will not be safe to rely on this resistance due to the fact that once the partitioning walls crack, the bare frame contributes to the lateral stiffness of the building alone. Consequently, the periods obtained from system identification will be closer to those obtained from the FE analysis. A technique to control the validity of the proportional damping assumption is employed that checks the presence of phase difference in displacements of different stories obtained from band pass filtered records and it is confirmed that the "proportional damping assumption" is valid for this structure. Two different techniques are implemented for identifying the influence of the soil structure interaction. The first technique uses the transfer function between the roof and the basement in both directions. The second technique uses a pre-whitening filter on the data obtained from both the basement and the roof. Subsequently the impulse response function is computed from the scaled cross correlation between the input and the output. The overall results showed that the structure will satisfy the life safety performance level in a future earthquake but some soil structure interaction effects should be expected in the North South direction.

The Dynamic Relationship between Household Loans of Depository Institutions and Housing Prices after the Financial Crisis (금융위기 이후 예금취급기관 가계대출과 주택가격의 동태적 관계)

  • Han, Gyu-Sik
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.189-203
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    • 2020
  • Purpose - This study aims in analyzing the dynamic relationship between household loans and housing prices according to the characteristics of depository institutions after the financial crisis, identifying the recent trends between them, and making policy suggestions for stabilizing house prices. Design/methodology/approach - The monthly data used in this study are household loans, household loan interest rates, and housing prices ranging from January 2012 to May 2020, and came from ECOS of the Bank of Korea and Liiv-on of Kookmin Bank. This study used vector auto-regression, generalized impulse response function, and forecast error variance decomposition with the data so as to yield analysis results. Findings - The analysis of this study no more shows that the household loan interest rates in both deposit banks and non-bank deposit institutions had statistically significant effects on housing prices. Also, unlike the previous studies, there was statistically significant bi-directional causality between housing prices and household loans in neither deposit banks nor non-bank deposit institutions. Rather, it was found that there is a unidirectional causality from housing prices to household loans in deposit banks, which is considered that housing prices have one-sided effects on household loans due to the overheated housing market after the financial crisis. Research implications or Originality - As a result, Korea's housing market is closely related to deposit banks, and housing prices are acting as more dominant information variables than interest rates or loans under the long-term low interest rate trend. Therefore, in order to stabilize housing prices, the housing supply must be continuously made so that everyone can enjoy housing services equally. In addition, the expansion and reinforcement of the social security net should be realized systematically so as to stop households from being troubled with the housing price decline.

An Analysis on the Decoupling between Energy Consumption and Economic Growth in South Korea (한국의 에너지 소비와 경제성장의 탈동조화에 대한 분석)

  • Hyun-Soo Kang
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.305-318
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    • 2023
  • Purpose - This study analyzed the decoupling phenomenon between energy consumption and economic growth in Korea from 1990 to 2021. The main purpose of this study is to suggest policy implications for achieving a low-carbon society and decoupling that Korea must move forward in the face of the climate change crisis. Design/methodology/approach - This study investigated the relationship between energy consumption and economic growth by energy source and sector using the energy-EKC (EEKC) hypothesis which included the energy consumption on the traditional Environmental Kuznets Curve (EKC), and the impulse response function (IRF) model based on Bayesian vector auto-regression (BVAR). Findings - During the analysis period, the trend of decoupling of energy consumption and economic growth in Korea is confirmed starting from 1996. However, the decoupling tendency appeared differently depending on the differences in energy consumption by sources and fields. The results of the IRF model using data on energy consumption by source showed that the impact of GDP and renewable energy consumption resulted in an increase in energy consumption of bio and waste, but a decrease in energy consumption by sources, and the impact of trade dependence was found to increase the consumption of petroleum products. Research implications or Originality - According to the main results, efficient distribution by existing energy source is required through expansion of development of not only renewable energy but also alternative energy. Additionally, in order to increase the effectiveness of existing energy policies to achieve carbon neutrality, more detailed strategies by source and sector of energy consumption are needed.