• Title/Summary/Keyword: Interest Level

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Corporate Interest Costs and Debt Financing (기업 이자비용과 기업 부채재원 조달)

  • Lee, Sang-Wook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.2
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    • pp.290-295
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    • 2021
  • This paper analyzed the relationship between corporate debt financing and interest costs using micro firm-level data. We also analyzed the differences in this relationship by the year of 2008 financial crisis. We did not find a negative relationship between corporate interest costs and debt financing. Prior to the 2008 financial crisis, we found a negative relationship between corporate interest costs and debt financing. However, following the 2008 financial crisis, we found a positive relationship between corporate interest costs and debt financing. The impacts of the decrease in corporate interest costs on the increase in corporate debt financing are not significant in the Korean economy. After the 2008 financial crisis, the decrease in corporate interest costs is followed by a decrease in corporate debt financing.

The Related Factors on the Health Promotion Behavior of Middle School Students in Taegu Area (대구지역 일부 중학생이 건강증진행위와 관련요인)

  • 김경희;한창현;권진희;이성국
    • Korean Journal of Health Education and Promotion
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    • v.18 no.2
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    • pp.65-82
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    • 2001
  • The purpose of this study is to find out how well the middle school students are practicing the health promotion behaviors and the factors relating their health promotion behavior. Questionnaire survey on 922 middle school students attending 6 middle schools (three middle schools for each sex) located in Taegu City from the 7th through 19th of Feb. 2000 were conducted. The following were as follows; 1. The perceived health status is higher in male students than in female students(p〈0.01). And the ratio of the students' feeling that they are healthy becomes also high in proportion to their economic status, and their mothers' educational level, and their parents' interest in health(p〈0.01). The perceived importance of health is high in proportion to the students' economic status, and their parent's interest in health. 2. In case of the Health Locus of Control in Personality, the students with both parents have higher trend of inner control than the students with single mother or single father. The perceived self efficacy is significantly higher in male students than in female students(p〈0.01). And it becomes significantly high in-proportion to the students' economic status and their parents' educational level and interest in health(p〈0.01). It is also higher in the students who had no diseases. 3. In case of the perceived benefit of the health promotion behavior, the ratio of the students responding that it is high is higher in male students than in female students(p〈0.01). It also becomes high in proportion to the students' economic status, and their parent's educational level and interest in health(p〈0.01). The barriers of the health promotion behavior was found to have no variables that are related to itself. 4. According to the data from Multiple Regression of Analysis which has the health promotion behavior practice as a subordinate variable, in male students' case the degree of health promotion behavior practice becomes high in proportion to their parents' interest in health, and the perceived health status. Their degree of health promotion behavior practice is also in proportion to their perceived self efficacy and the perceived benefit of the health promotion behavior practice. But in case of the barriers of the health promotion behavior practice, the result is the opposite. As to the female students, their health behavior practice becomes high in proportion to their parents' interest in health. It also becomes high in proportion to the perceived health status, the understanding of the importance of the health, the perceived self efficacy and the perceived benefit of the health promotion behavior. But in case of the barriers of the health promotion behavior, it was the same as the male students' case.

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The Novel Carrier-Based DPWM Method for 3-level Inverter (3-level inverter를 위한 새로운 Carrier-Based DPWM 기법)

  • 강대욱
    • Proceedings of the KIPE Conference
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    • 2000.07a
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    • pp.347-350
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    • 2000
  • This paper deals with the novel DPWM(discontinuous PWM) for 3-level inverter. Although DPWM methods generate higher harmonics than SVPWM they are of special interest because of their lower switching losses. And in the high modulation region the harmonic characteristics of DPWM is superior to the that of CPWM. However when DPWM applies to the 3-level inverter there is the problem that the output state is varied suddenly in the low modulation region($\textrm{m}_{I}$=0~0.5) The novel DPWM that this problem improves will be introduced.

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A Study on the Methods of the Enhancement of Scholastic Achievement in Mathematics through Small Group Activities Based on the Students′ Ability Levels. (협력학습을 통한 수학과 학력신장에 관한 연구)

  • 이상구
    • Journal of the Korean School Mathematics Society
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    • v.1 no.1
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    • pp.197-205
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    • 1998
  • This study aims to examine how cooperative teaming of small ability level groups influences the enhancement of their scholastic achievement in mathematics. The conclusions are as follows; 1. The students which participate in cooperative learning in small ability level groups demonstrate academic improvement over those that participate in non-cooperative learning groups. 2. In particular, this method is more effective for high-level classes, than for middle or low-level students. 3. The learners' perception, interest and attitude towards mathematics has not changed through their placement in small ability groups involved in cooperative activities.

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Player Adaptive GMM-based Dynamic Game Level Design (플레이어 적응형 GMM 기반 동적 게임 레벨 디자인)

  • Lee, Sang-Kyung;Jung, Kee-Chul
    • Journal of Korea Game Society
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    • v.6 no.1
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    • pp.3-10
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    • 2006
  • In computer games, the level design and balance of characters are the key features for developing interesting games. Level designers make decision to change the parameters and opponent behaviors in order to avoid the player getting extremely frustrated with the improper level. Generally, opponent behavior is defined by static script, this causes the games to have static difficulty level and static environment. Therefore, it is difficult to keep track of the user playing interest, because a player can easily adapt to changeless repetition. In this paper, we propose a dynamic scripting method that able to maintain the level designers' intention where user enjoys the game by adjusting the opponent behavior while playing the game. The player's countermeasure pattern for dynamic level design is modeled using a Gaussian Mixture Model (GMM). The proposed method is applied to a shooting game, and the experimental results maintain the degree of interest intended by the level designer.

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The Effect of Consumer's Brand Attachment of Fashion Luxury Product on Brand Loyalty (패션 명품 소비자의 브랜드 애착이 브랜드 충성도에 미치는 영향)

  • Kim, Soo-Jin;Kim, Gae-Sook
    • The Research Journal of the Costume Culture
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    • v.17 no.1
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    • pp.1-14
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    • 2009
  • The purpose of this study was to examine consumers' brand attachment of fashion luxury product by emotional approach of brand loyalty. The questionnaire developed through the literature search and a survey was conducted both in on-line and off-line questionnaire simultaneously. Finally, 218 data from women who had a buying experience of fashion luxury products were analyzed using frequency, factor analysis, ANOVA, t-test, regression analysis by SPSS for WIN program. The results were as follows; First, there were significant differences in brand loyalty according to consumers' age, marriage yes or no, occupation, education level, and income. Second, the consumers' brand attachment of fashion luxury products was composed of five factors; emotional, dependent, attractive, knowledge, interest. Third, there were significant differences in brand loyalty according to consumers' age, marriage yes or no, occupation, education level, and income. Fourth, there were significant differences in brand attachment according to consumers' age, marriage yes or no, occupation, education level, and income. There were significant differences in emotional, dependent, attractive, knowledge, interest dimension of brand attachment according to consumers' age, sex, marriage yes or no, occupation, education level, and income. Fifth, the brand attachment significantly influenced on the brand loyalty.

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Application of the fashion therapy to reduce negative emotions of female patients (여성 환자의 부정적 정서 감소를 위한 패션테라피 적용)

  • Yoh, Eunah
    • The Research Journal of the Costume Culture
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    • v.23 no.1
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    • pp.85-101
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    • 2015
  • In this study, it is explored the effect of fashion therapy on depression, positive emotion, negative emotion, appearance interest, body satisfaction, self-esteem, and self-efficacy of female patients. Eight cancer patients and 12 general patients participated in the 4-week fashion therapy program. When comparing results before and after the fashion therapy, depression and negative emotions were significantly decreased while positive emotions and self-efficacy were significantly increased. There was no significant influence on appearance interest, body satisfaction, self-esteem, and self-efficacy. In group comparison, significant changes were observed in depression, positive emotion and negative emotion regardless of groups. However, cancer patients indicated a significant improvement in self-efficacy compared to general patients who did not whereas patients with a high level of depression showed a significant enhancement on body satisfaction compared to patients with a low level of depression. Also, patients with a low level of pain indicated a significant improvement on self-esteem and self-efficacy compared to patients with a high level of pain. Perceived effect and satisfaction of the fashion therapy were relatively high. Study results may positively contribute to building a knowledge and experimental base of fashion therapy that is widely applicable to diverse parties for the future.

The Effectiveness of Macroprudential Policy on Credit Growth at Bank-Level Data in Vietnam

  • NGUYEN, Hau Trung;PHAM, Anh Thi Hoang;DANG, Thuy T.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.325-334
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    • 2021
  • The study investigates the effectiveness of the macroprudential policy on credit growth in Vietnam. The authors use the logic of the transmission mechanism of macroprudential policy on credit growth. Research variables include economic growth, inflation, interest rate, and quarterly bank-level data from 28 commercial banks in Vietnam during 2011-2018. The results reveal that: (i) GDP growth had a positive impact on credit growth of small banks but had no impact on large banks, (ii) Domestic Systemically Important Banks (D-SIBs) and small banks respond differently to macroprudential measures of imposing different credit growth targets for different bank groups, (iii) Restrictions on foreign currency loans are found to be effective in curbing credit growth for the full sample and small banks, (iv) Inflation and economic cycle have significantly impacted credit growth at bank-level in Vietnam and (v) Interestingly, a significant positive relationship between interest rates and credit growth is found for the full sample and D-SIBs in Vietnam. The findings suggest that a stable macroeconomic environment should be good conditions for financial stability, and monetary authority should pay more attention to small banks' behaviors than D-SIBs behavior, toward such "administration" tools since small banks tend to prefer "breaking the rules" to make profits.

End-to-end system level modeling and simulation for medium-voltage DC electric ship power systems

  • Zhu, Wanlu;Shi, Jian;Abdelwahed, Sherif
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.10 no.1
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    • pp.37-47
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    • 2018
  • Dynamic simulation is critical for electrical ship studies as it obtains the necessary information to capture and characterize system performance over the range of system operations and dynamic events such as disturbances or contingencies. However, modeling and simulation of the interactive electrical and mechanical dynamics involves setting up and solving system equations in time-domain that is typically time consuming and computationally expensive. Accurate assessment of system dynamic behaviors of interest without excessive computational overhead has become a serious concern and challenge for practical application of electrical ship design, analysis, optimization and control. This paper aims to develop a systematic approach to classify the sophisticated dynamic phenomenon encountered in electrical ship modeling and simulation practices based on the design intention and the time scale of interest. Then a novel, comprehensive, coherent, and end-to-end mathematical modeling and simulation approach has been developed for the latest Medium Voltage Direct Current (MVDC) Shipboard Power System (SPS) with the objective to effectively and efficiently capture the system behavior for ship-wide system-level studies. The accuracy and computation efficiency of the proposed approach has been evaluated and validated within the time frame of interest in the cast studies. The significance and the potential application of the proposed modeling and simulation approach are also discussed.

A study on synthetic risk management on market risk of financial assets(focus on VaR model) (시장위험에 대한 금융자산의 종합적 위험관리(VaR모형 중심))

  • 김종권
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.49
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    • pp.43-57
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    • 1999
  • The recent trend is that risk management has more and more its importance. Neverthless, Korea's risk management is not developed. Even most banks does gap, duration in ALM for risk management, development and operation of VaR stressed at BIS have elementary level. In the case of Fallon and Pritsker, Marshall, gamma model is superior to delta model and Monte Carlo Simulation is improved at its result, as sample number is increased. And, nonparametric model is superior to parametric model. In the case of Korea's stock portfolio, VaR of Monte Carlo Simulation and Full Variance Covariance Model is less than that of Diagonal Model. The reason is that VaR of Full Variance Covariance Model is more precise than that of Diagonal Model. By the way, in the case of interest rate, result of monte carlo simulation is less than that of delta-gamma analysis on 95% confidence level. But, result of 99% is reversed. Therefore, result of which method is not dominated. It means two fact at forecast on volatility of stock and interest rate portfolio. First, in Delta-gamma method and Monte Carlo Simulation, assumption of distribution affects Value at Risk. Second, Value at Risk depends on test method. And, if option price is included, test results will have difference between the two. Therefore, If interest rate futures and option market is open, Korea's findings is supposed to like results of other advanced countries. And, every banks try to develop its internal model.

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