• KDI Journal of Economic Policy
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• 제44권3호
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• pp.1-26
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• 2022

This paper analyzes the effects of the cut in the legal maximum interest rate (from 27.4% to 24%) that occurred in February of 2018 on loan interest rates, the default rates, and the loan approval rate of borrowers in the non-banking sector. We use the difference-in-difference identification strategy to estimate the effect of the cut in the legal maximum interest rate using micro-level data from a major credit-rating company. The legal maximum rate cut significantly lowers the loan interest rate and default rate of low-credit borrowers (i.e., high-credit-risk borrowers) in the non-banking sector. However, this effect is limited to borrowers who have not been excluded from the market despite the legal maximum interest rate cut. The loan approval rate of low-credit borrowers decreased significantly after the legal maximum interest rate cut. Meanwhile, the loan approval rate of high-credit and medium-credit (i.e., low credit risk and medium credit risk) borrowers increased. This implies that financial institutions in the non-banking sector should reduce the loan supply to low-credit borrowers who are no longer profitable while increasing the loan supply to high- and medium-credit borrowers.

• Journal of Information Technology Applications and Management
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• 제29권2호
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• pp.39-50
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• 2022

This research confirmed whether banks and saving banks increase their deposit margin under changes in the base rate. This paper has conclusions as follows. First, when the Bank of Korea changes the base rate, deposit rate variable are significant with panel analysis in the total data set and saving banks. This result implies that changes in the base rate affect deposit margin. Second, this study confirmed whether banks and saving banks maximize their deposit margin as base rate changes. As a result, when the Bank of Korea cut the base rate, the deposit margins of banks and saving banks decreased significantly. Still, their deposit margins are not statistically significant in the opposite situation. Therefore, this paper could not find evidence that banks and saving banks behave to maximize their deposit margin. Maybe, this phenomenon can appear because these financial institutions recognize this criticism.

• 서비스연구
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• 제5권2호
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• pp.35-49
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• 2015

본 연구는 금리추세에 따른 국내손해보험회사들의 자산운용 실태를 분석하여 문제점을 도출하고, 자산운용전략에 대한 방향을 제안하고자 2009년~2014년까지의 자료를 바탕으로 연구하였다. 손해보험회사들의 자산현황 및 운용자산 내역, 자산배분실태, 유가증권 내역, 총자산수익률을 시계열 분석하였으며, 금리 주가와 총자산수익률의 상관관계 분석을 실시하였다. 연구결과는 안전자산인 국공특수채의 비중은 증가한 반면에 Credit물인 금융회사채 및 위험자산인 주식의 비중은 감소하여 수익성 보다 안정성 위주로 자산운용을 하고 있었다. 금리하락 추세에 따라 총자산수익률도 같이 하락하고 있었으며, 주가지수 추이와 총자산수익률 추이는 일치하지 않았다. 금리와 총자산수익률 간에는 높은 양(+)의 상관계수가 산출되었지만, KOSPI 주가지수와 총자산수익률 간에는 상관계수가 음(-)으로 나타났다.

• 한국컴퓨터정보학회:학술대회논문집
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• 한국컴퓨터정보학회 2011년도 제43차 동계학술발표논문집 19권1호
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• pp.55-58
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• 2011

This paper proposes a method of occluded number recognition by matching interest points. Interest points of input pattern are found via SURF features extracting and matched to interest points of clusters in database following three steps: SURF matching, coordinate matching and SURF matching on coordinate matched points. Then the satisfied interest points are counted to compute matching rate of each cluster. The input pattern will be assigned to cluster having highest matching rate. We have experimented our method to different numerical fonts and got encouraging results.

• Strategy21
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• 통권39호
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• pp.198-241
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• 2016

Aircraft carriers: are they national platforms to maximize national interest or just simply paper tigers to be little useful for states' development? To some states such as U.S., U.K, and France, aircraft carriers functioned as national assets which is indispensable to their interest. By contrast, Thailand's aircraft carrier was a dead platform which is useless to its national interest and India's ones were little used on the mission field. What is the mechanism leading to this difference? The key is whether states make aircraft carriers connected to overall national evolution when it comes to establishing military strategy and planning a long-term force structure. Put it another way, conditions to acquire them need to be analyzed regarding two variables-national status(prestige and economic power) and threat(mission)-for the future as well as in the present. The former acquired carriers under the condition of making them becoming national platforms which is balanced with their overall development. However, the latter simply bought them without carefully taking account of economic obstacles, e.g., the poverty rate, when it comes to force planning. At the same time, we should not neglect to identify that states of the former cases might have a hard time in maximizing their key interests if they did not have carriers. Accordingly, conditions on carriers' acquisition need to be carefully examined and a typological theory suggested here could shed light on this process. This theory shows that South Korea's status is eligible to have a necessary and sufficient condition to acquire carriers.

• 서비스연구
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• 제6권2호
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• pp.99-116
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• 2016

본 연구의 목적은 금리추세가 국내생명보험회사들의 자산운용 실태에 미치는 영향을 분석하여 문제점을 도출하고, 자산운용전략에 대한 방향성을 제시하고자 하였다. 연구방법은 2000년~2014년 동안에 국내 생명보험회사들의 자산현황 및 운용자산 내역, 자산배분실태, 유가증권 내역을 시계열 분석하였고, 총자산 및 자산별 수익률을 분석하였으며, 금리 주가와 운용수익률 간의 상관관계와 회귀분석을 실시하였다. 분석결과는 안전자산인 국공채의 비중은 증가한 반면에 위험자산인 주식의 비중은 감소하여 수익성 보다 안정성 위주로 자산운용을 하고 있었다. 금리와 총자산수익률, 운용자산수익률, 유가증권수익률 간에 높은 양(+)의 상관계수가 산출되었으며, 금리와의 상관관계에서 총자산수익률 보다는 운용자산수익률의 상관관계가 높았고, 운용자산수익률 보다는 유가증권수익률의 상관관계가 더 높았다. KOSPI 주가지수와 운용수익률 간에는 상관계수가 음(-)으로 나타났다. 시사점은 안정성 위주의 자산운용으로 금리하락이 역마진 리스크를 높이고 있어서 자산운용의 변화가 필요하다는 것이다.

• 공학교육연구
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• 제25권6호
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• pp.38-46
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• 2022

In order to improve students' interest, class participation and class comprehension in engineering theory classes, a class applying review games as Jinjinga, Bingo, etc. were designed and developed. Through applying them to three engineering theory subjects, the specific effects of the strategy on students' understanding, interest, participation, and academic achievement were analyzed and the usefulness of each review game strategy was analyzed. Analyzing class data over the past 11 years, there was a clear correlation between performance of the students in the review game and their actual grades, which was found to be greater than the negative effect of absence rate on the test performance or grades. This study also researched students' perceptions compared to other general subjects not applying the review games. The results of a survey of the students who took the review game class showed the usual amount of usual studying hours increased, the burden of examination or the amount of studying hours for preparing the exam was reduced, and the class interest and achievement significantly increased compared to other subjects in the same major.

• Industrial Engineering and Management Systems
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• 제16권1호
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• pp.103-108
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• 2017

Tourism is a sector that plays an important role in the economic growth of Indonesia. Bandung as the capital of West Java province is known as the city with diverse tourism potential, both in the attractiveness of the city and surrounding natural beauty. DHR is a three stars resort hotel in the city with a strategic location. As a three stars resort hotel, DHR has been experiencing occupancy rate problems, consequently, it cannot often reach the set targets, both during high season and low season. The purpose of this study is to identify the factors of hotel performance that influences consumer staying back decision in the future. Questionnaires have been distributed to hotel guests to gather information regarding their interest and the performance assessment of the hotel services and facilities, and staying back decision in the future. Discriminant Analysis and Hypothesis Testing are used to determine which hotel performance variables will directly affect consumer staying back decision. The result of this study provide marketing strategy that should be implemented by the hotel management in order to increase its occupancy rate.

• The Journal of Asian Finance, Economics and Business
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• 제7권9호
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• pp.179-189
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• 2020

The paper empirically examines the bank-specific determinants of loan growth in the Vietnamese banking system for the period from 2007 to 2019. We approach the CAMELS framework and employ the dynamic panel regression to determine the effects of each CAMELS factor on bank lending. To ensure the robustness of results, we also use alternative definitions of the variables and different specifications with and without full sets of CAMELS components. With these settings, we display multiple important results. (i) We find that a large capital buffer tends to boost bank lending expansion faster. (ii) High asset quality might positively contribute to high loan growth; in other words, banks subject to high credit risk are discouraged from making loans. (iii) Less efficiently managed banks are more likely to adopt an aggressive lending strategy, highlighting the moral hazard incentives of Vietnamese banks. (iv) More profitable banks with excellent competitive advantages could expand their lending activities to a larger extent. (v) Liquidity is positively related to the loan growth of banks. (vi) Perceived interest rate risk tends to suppress loan growth since interest-rate-sensitive banks might be concerned about the adverse effects of unpredictable adverse changes in interest rates in the future.

• 국제학술발표논문집
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• The 8th International Conference on Construction Engineering and Project Management
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• pp.433-439
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• 2020

As eco-friendly and sustainable architecture is becoming more popular, the interest in Korean traditional wooden buildings (Hanok) has also been increasing. The building technologies of the wooden construction have been actively developed in all over the world through the diversification of new materials and construction methods. On the other hand, the growth rate of wooden construction market is still slow in Korea. In an attempt to promote the Korean traditional wooden buildings, a comprehensive research project has been conducted. This R&D project is developing standard designs, new materials, and methods for modernized Hanok including houses, public buildings, long-span structures, and even high-rise buildings. To this end, the purpose of this study is to formulate a technological strategy for popularization of modernized Hanok. Influencing variables and issues are analyzed and defined first. At the same time, the five keywords have examined in the perspective of dissemination of modernized Hanok technology. Finally, a technology road map for strategic development of modernized Hanok is proposed through casual diagrams.