• The Korean Journal of Physiology
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• 제3권2호
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• pp.25-31
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• 1969

Effects of graded increase of positive lung inflation upon heart rates and arterial blood pressure were observed in the anesthetized dogs to analyze the mechanical and neural regulatory factor in response to the positive inflation of the lung. The results obtained were summarized as followings: 1) When the low grade of positive lung inflation was employed under the mild to moderate anesthesia, central venous pressure was linearly increased while heart rate was decreased. After bilateral vagotomy, central venous pressure was obviously increased while heart rate was constant. 2) When the high degree of positive lung inflation was employed, changes of central venous pressure and heart rate were not significant. 3) The low grade of intrapulmonary pressure increase caused reflex tachycardia in phase 2 and overshooting in phase 4 in response to the systemic arterial blood pressure change. 4) On the other hand, the high degree of intrapulmonary pressure increase caused paradoxical bradycardia in phase 2 and lack of overshooting in phase 4 in response to the systemic arterial blood pressure change. 5) It may be noted that the experimental model employed in the present study is a useful tool to evaluate and analyze the neural and mechanical regulatory factor in response to the graded increase of the positive lung inflation.

• 노동경제논집
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• 제29권3호
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• pp.49-74
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• 2006

외환위기 이후 한국경제의 특징으로 전반적인 성장률 하락과 경기변동 단기화, 낮은 수준의 인플레이션을 꼽을 수 있다. 본 연구는 최근 저인플레이션 상황에서의 임금결정행태 변화에 초점을 맞추어 임금과 물가의 관계가 어떻게 변화하였는지 분석하였다. 1993~2005년 기간 중 단위노동비용과 소비자물가 자료에 기초하여 공적분 불안정성 (cointegration instability) 검정을 수행한 결과, 외환위기 및 물가안정목표제의 도입을 전후하여 두 변수가 서로 영향을 미치는 패턴이 변화한 것을 확인할 수 있었다. 외환위기 이전 기간에는 가격충격이 발생하는 경우 단기간에 임금수준에 반영되고, 임금충격은 장기적인 조정 과정을 통해 물가에 반영되는 비대칭적인 관계에 있었던 것으로 분석되었다. 또한, 실질임금은 장기적으로 일정수준을 유지하였다. 반면, 물가안정목표제의 도입 이후 기간에는 임금과 물가 두 변수간의 설명력이 낮아졌으며 임금-물가 악순환(wage-price spiral) 구조의 연결고리가 약화된 것이 물가안정의 중요한 요인이었음을 확인할 수 있었다.

• The Journal of Asian Finance, Economics and Business
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• 제7권11호
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• pp.629-636
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• 2020

This study aims to identify and analyze the factors that affect foreign exchange reserves in Indonesia. We consider the variables of external debt, exchange rate, inflation, and exports as explanatory factors referring to previous studies. We apply the Autoregressive Distributed Lag approach to time-series data retrieved from the Central Bank of Indonesia (BI), the Central Bureau of Statistics (BPS), and International Monetary Funds (IMF) from January 2016 to December 2018. Our results show that foreign debt, exchange rates, inflation, and exports significantly affect the simultaneous fluctuation of foreign exchange reserves in Indonesia. Partially, foreign debt has a significant and positive effect on foreign exchange reserves. The exchange rate has a significant and negative effect on foreign exchange reserves in Indonesia. However, our findings explain that inflation does not significantly affect foreign exchange reserves in Indonesia, and exports have a significant and positive effect on foreign exchange reserves. This study is expected to be useful to policymakers in managing foreign exchange reserves, so the economy of Indonesia can grow sustainably. One of the exciting things in this study lies in the model that uses the Autoregressive Distributed Log, which can explain long-term relationships through adjusted coefficient and cointegration tests.

• Communications for Statistical Applications and Methods
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• 제27권1호
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• pp.37-46
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• 2020

Recurrent event data frequently occur in clinical studies, demography, engineering reliability and so on (Cook and Lawless, The Statistical Analysis of Recurrent Events, Springer, 2007). Sometimes, two or more different but related type of recurrent events may occur simultaneously. In this study, our interest is to estimate the covariate effect on bivariate recurrent event times with zero inflations. Such zero inflation can be related with susceptibility. In the context of bivariate recurrent event data, furthermore, such susceptibilities may be different according to the type of event. We propose a joint model including both two intensity functions and two cure rate functions. Bivariate frailty effects are adopted to model the correlation between recurrent events. Parameter estimates are obtained by maximizing the likelihood derived under a piecewise constant hazard assumption. According to simulation results, the proposed method brings unbiased estimates while the model ignoring cure rate models gives underestimated covariate effects and overestimated variance estimates. We apply the proposed method to a set of bivariate recurrent infection data in a study of child patients with leukemia.

• 한국국방경영분석학회지
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• 제30권1호
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• pp.135-152
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• 2004

Ever since Benoit's(1973, 1978) study, the relationship between defense spending and economic growth has been the subject of extensive empirical works. While a number of studies have reported that higher defense expenditure stimulate economic growth, many other studies have reported that an increase in military burden may hinder economic growth. To the extent that countries differ substantially in socioeconomic structures, the effects of defense spending cannot be generalized across countries. In this paper, Granger causality tests are performed between Korean defense expenditure and economic growth, consumption, investment, inflation and unemployment rate during the period from 1970 to 2002. The results show that Korean defense expenditure did not affect economic growth and unemployment rate. However, Korean defense expenditure caused consumption and inflation to decrease and investment to increase. On the other hand Korean defense expenditure was not Granger-caused by economic growth, consumption, investment, inflation and unemployment rate. In conclusion, the opportunity cost of Korean defense expenditure seemed to be relatively moderate considering Korean security environment. Even if it was not statistically significant, Korean defense burden at least did not bother economic growth.

• East Asian Economic Review
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• 제22권3호
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• pp.337-370
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• 2018

This paper discusses the design of monetary policy in a New Keynesian small open economy framework by introducing nominal wage rigidities and incomplete exchange rate pass-through on import prices. Three main findings are summarized. First, with the existence of an incomplete exchange rate pass-through and nominal wage rigidities, the optimal policy is to seek to minimize the output gap, the variance of domestic price and wage inflation, as well as deviations from the law of one price. Second, the CPI inflation targeting Taylor rule is welfare enhancing when there is a technological shock to the economy. The exception occurs when there is a foreign income shock, which minimizes welfare losses under the domestic inflation targeting Taylor rule. Last, two stylized Taylor rules turn out to be a bad approximation, but the modified Taylor rules that respond to the unemployment gap rather than the output gap are a closer approximation to the optimal policy.

• 충청수학회지
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• 제26권2호
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• pp.343-349
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• 2013

The optimal portfolio selection problem under inflation risk is considered in this paper. There are three assets the economic agent can invest, which are a risk free bond, an index bond and a risky asset. By applying the martingale method, the optimal consumption rate and the optimal portfolios for each asset are obtained explicitly.

• 산업경영시스템학회지
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• 제6권9호
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• pp.27-33
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• 1983

This Paper represents time-dependent stochastic variations of common discounted cash flow formulae with explicit consideration given to inflation. The cash flow, the ratio of discounting or compounding, and the rate of inflation are allowed to vary with time in a random fashion in equations for the compound amount of a single payment, present worth of a single payment, amount of an annuity, periodic deposits to accumulate a future amounts, present worth of an annuity and capital recovery And all formulae are derived for the case of discrete random variations.

• Journal of Biosystems Engineering
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• 제35권4호
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• pp.231-238
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• 2010

The purpose of this paper was to investigate experimentally the steering torque characteristics of a tractor operated in various ground conditions. The experiments were conducted with the tractor reconstructed for steering torque test of the tractor at two different off-road conditions (ground-I and ground-II) and a on-road condition (ground-III), three different levels of tire inflation pressures (69 kPa, 138 kPa and 207 kPa), and four different levels of axle loads (4120 N, 4730 N, 5340 N and 5950 N). The results of this study are summarized as follows: 1) The steering torque was increased with the increase in steering angle for all experimental levels of ground conditions, axle loads and inflation pressures of tire. 2) As the axle load increased, the steering torque of the tractor increased for all ground conditions, and the increasing rate of the steering torque with the increase of axle load was greater at on-road than at off-road. 3) As the tire inflation pressure decreased, the steering torque increased. Also the increasing tendency of the steering torque with decreasing the tire inflation pressure showed that the harder the ground was, the larger the effect was. But for the soft ground condition, ground-I, no specific trend with inflation pressures was found. 4) Steering angle-steering torque relationship with ground conditions showed that the increasing rate of the steering torque was greater at on-road than off-road for small steering angle under 10 degree, and was greater at off-road than on-road for large steering angles over 10 degree.

• The Korean Journal of Pain
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• 제12권1호
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• pp.16-20
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• 1999

Background: Tourniquet pain has important impacts on anesthesia. Tourniquet pain and accompanying cardiovascular changes are important factors that make patients in distress during anesthesia. As tourniquet pain may be modified by anesthesia, a study on the changes in the neural functions by tourniquet inflation in normal volunteers is important. Methods: Time-dependent changes in tourniquet pain, heart rate, phantom limb sensation, motor function, pain to pressure on upper extremity of 10 healthy and unpremedied volunteers were measured. Each parameter were measured every 5 minutes starting from 10 minutes before inflation to 15 minutes after deflation of tourniquet. Tourniquet was deflated when the subject felt unbearable pain (score 100 with visual analog scale). Results: Subjects manifested time-dependent pain responses to tourniquet inflation, characterized by increase in VAS, systolic and diastolic blood pressure. Mean duration of tourniquet inflation was 36.4 minutes, volunteers experienced motor paralysis at 27.6 minutes and sensory loss at 33.1 minutes. Pain to pressure decreased over time in both arms. The degree of decrease was greater in the arm on which tourniquet was applied than that in the non-applied arm. Phantom limb sensation occurred in 3 subjects. Conclusions: This study demonstrated dynamic changes in the neural functions during tourniquet inflation period. Tourniquet-induced pain and resultant hypertension occurred in all subjects. Appropriate anesthetic management is needed for the surgery using tourniquet.