• Title/Summary/Keyword: Interest Rates

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Recognition, Preference and Improvement Requirement of Traditional Korean Food of Elementary School Students in Seoul (한국전통음식의 계승·발전을 위한 초등학생의 인지도, 기호도와 개선 요구도)

  • Cho, Woo-kyoun;Kim, Mi-rae
    • Journal of the Korean Society of Food Culture
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    • v.34 no.4
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    • pp.369-377
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    • 2019
  • This study focused the recognition and preference of Korean traditional food of elementary school students, in order to make effective educational materials about Korean traditional foods for the elementary school students. According to the responses of 356 elementary school students participating in this research, they understood the concept of traditional Korean food and recognized positively, but did not have much interest. However, the more they liked Korean food, the higher their interest in Korean traditional foods and the higher utilization rates of Korean traditional foods. Most elementary school students enjoyed Korean traditional food occasionally, especially soup, jjigae, tang and jeongol. Elementary school students suggested that complicated recipes should be improved for the succession of Korean traditional foods and that the class for cooking traditional foods in schools should be expanded.

Study on the causality between call rate and exchange rate under global economic crisis (글로벌경제위기에서 콜금리와 환율의 인과관계에 관한 연구)

  • Shin, Yang-Gyu
    • Journal of the Korean Data and Information Science Society
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    • v.20 no.4
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    • pp.655-660
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    • 2009
  • As the global economic crisis, the Korean foreign exchange market appears unstable with large fluctuations in exchange rate. Inevitably, there is growing attention on price variables such as exchange rate and interest rates and also on corelation between the factors. This is an empirical study on the causality of fluctuation between exchange rate and interest rate in the Korean market under global economic crisis. The fluctuations in won/dollar exchange rate and call rate are described and followed by analysis of lead-lag relationship between the two variables using Cross-correlation function and Granger causality test.

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Bank-Specific Determinants of Loan Growth in Vietnam: Evidence from the CAMELS Approach

  • NGUYEN, Hoang Dieu Hien;DANG, Van Dan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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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.

The Effect of Banking Industry Development on Economic Growth: An Empirical Study in Jordan

  • ALMAHADIN, Hamed Ahmad;AL-GASAYMEH, Anwar;ALRAWASHDEH, Najed;ABU SIAM, Yousef
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.325-334
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    • 2021
  • This study aims to investigate whether economic growth is elevated by banking industry development in Jordan. The study adopts time-series econometric methodologies, which comprise the bounds testing approach within the autoregressive distributed lag (ARDL) and the conditional causality analysis. Consistent with the assumptions of the adopted methodology, the study utilized annual time-series data for a relatively long period of thirty-nine years, between 1980 and 2018. The empirical results show that Jordan's economic growth is strongly responsive in respect to any changes in banking industry development. Also, the results reveal the harmful impact of rising lending interest rate; as this rate increases, economic growth will decrease. The findings are in line with the conceptual arguments of the supply-leading hypothesis, which confirmed that banking development is considered as one of the main pillars that have stimulating effects on economic growth. The evidence of the current study may provide important implications for policymakers and bankers. Those professionals should work to maintain a stable regulatory system that enhances the banking system function in activating economic growth. Also, a considerable focus should be placed on designing a steady interest rate policy to avoid the inherently undesirable impacts of high-interest rates on the Jordanian economy.

Perception of agricultural biotechnology according to information navigation activities on agricultural biotechnology

  • Bumkyu, Lee;Sung-Dug, Oh;Youn Sung, Cho
    • Korean Journal of Agricultural Science
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    • v.48 no.4
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    • pp.761-770
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    • 2021
  • A study was undertaken to identify variations in the level of awareness, the information collection status, the level of acceptance, and the characteristics of information collection as it pertains to agricultural biotechnology based on information collection in the field of agricultural biotechnology. When examining subjective awareness, objective awareness, and interest in agricultural biotechnology, the results showed that the levels of all three variables were higher in cases where information exploration of agricultural biotechnology had been experienced. Among the participants who have experience in voluntarily collecting information about agricultural biotechnology, helpful information at a rate of 51.6% and harmful information at a rate of 42.0% were acquired, values much higher than the 37% and 30% corresponding rates for participants who had no experience. However, it was also found that harmful information has a significantly greater impact on perceptions of the future. The characteristics of information collection for agricultural biotechnology indicated that those with experience in voluntary information collection particularly preferred the Internet, whereas those without any experience showed little difference with regard to television and/or the internet. According to a survey of participants' interest areas in agricultural biotechnology and their level of information acquisition, "Safety of human bodies" was rated the top interest area at 36.9%, which also had the highest level of information acquisition at 30.0%. In providing and sharing information in the future, this is a direct reference to the priorities and proportions of each field.

Determinants of the Demand for Credit Facilities: Evidence from the Banking Sector in Jordan for the Period 2012-2021

  • ALRAWASHDEH, Salah Turki;ABKAL, Ahmad Mahmoud;ZYADAT, Ali Abdelh Fattah
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.181-187
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    • 2023
  • The study aimed to study the effect of the inflation rate, the real domestic product, the interbank lending interest rate, and the total deposits on credit facilities in Jordan for 2012-2021 through quarterly data. The study adopted the ARDL model. The study used the time series analysis method, as the study tests the stationarity of the time series. The results showed that the impact of inflation on the total credit facilities was negative. In contrast, the impact of each of the total deposits, real GDP, and the interest rate of interbank loans on the total credit facilities was positive and significant. The study recommended the need for the banking sector in Jordan to develop risk management mechanisms in a way that allows it to adapt to economic cycles and crises by conducting stress tests and developing scenarios that ensure the formation of sufficient provisions to meet emergencies. The study also recommended that the macroeconomic policy should be based on creating a stable macroeconomic environment that allows the efficient employment of resources in all economic sectors in a way that achieves high economic growth rates, which contributes to the promotion of economic recovery and is reflected in income. Hence, individuals have a greater ability to repay loans.

Effects of Hydrophilic Surface Treatment on Evaporation Heat Transfer at the Outside Wall of Horizontal Tubes (친수성 표면처리가 수평관 외벽의 증발열전달에 미치는 영향)

  • 박노성;황규대;강병하;정진택
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.5
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    • pp.525-532
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    • 2000
  • Evaporation heat transfer characteristics have been investigated experimentally when distilled water is sprayed on the outside wall of horizontal tubes in a evaporator. This problem is of particular interest in the design of evaporator of an absorption system. Hydrophilic surface treatment was employed to increase the wettability on copper tubes. The results indicate that evaporation heat transfer with hydrophilic tubes is shown to be 25-44% higher than that with bare tubes at evaporation pressure of 31.8 Torr(evaporation temperature$ 30^{\circ}C). Evaporation heat transfer rates of hydrophilic treatment tubes are improved substantially, comparing with those of conventional copper tubes in the wide range of operating parameters, such as water inlet temperatures, water mass flow rates and evaporation pressures.

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Blood Viscosity Measurements Using a Pressure-Scanning Capillary Viscometer

  • Sehyun Shin;Keum, Do-Young;Ku, Yun-Hee
    • Journal of Mechanical Science and Technology
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    • v.16 no.12
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    • pp.1719-1724
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    • 2002
  • A previously designed capillary viscometer with measuring differential pressure was modified to measure the viscosity of non-Newtonian fluids including unadulterated blood continuously over numerous shear rates in a single measurement. Because of unavoidable experimental noise and a limited number of data, the previous capillary viscometer experienced an inaccuracy and could not directly determine a viscosity without an iterative calculation. However, in the present measurement there are numerous data available near the point of interest so that the numeric value of the derivative, d(In Q)/d(In Q$\sub$w/), is no longer sensitive to the method of differentiation. In addition, relatively low and wide shear rate viscosity measurements were possible because of the present precision pressure-scanning method with respect to time. For aqueous polymer solutions, excellent agreement was found between the results from the pressure-scanning capillary viscometer and those from a commercially available rotating viscometer. In addition, the pressure-scanning capillary viscometer measured the viscosity of unadulterated whole blood without adding any anticoagulants.

Stock Price Prediction Based on Time Series Network (시계열 네트워크에 기반한 주가예측)

  • Park, Kang-Hee;Shin, Hyun-Jung
    • Korean Management Science Review
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    • v.28 no.1
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    • pp.53-60
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    • 2011
  • Time series analysis methods have been traditionally used in stock price prediction. However, most of the existing methods represent some methodological limitations in reflecting influence from external factors that affect the fluctuation of stock prices, such as oil prices, exchange rates, money interest rates, and the stock price indexes of other countries. To overcome the limitations, we propose a network based method incorporating the relations between the individual company stock prices and the external factors by using a graph-based semi-supervised learning algorithm. For verifying the significance of the proposed method, it was applied to the prediction problems of company stock prices listed in the KOSPI from January 2007 to August 2008.

Analysis of Change of Construction Material Price by International Oil Price Fluctuation (국제유가 변동에 따른 건설자재가격 변화 분석)

  • Park, Jin-Yong;Byun, Jeong-Yoon;Yoo, Seung-Kyu;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.319-320
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    • 2012
  • International oil prices is the world's leading macroeconomic indicators. Rising international oil price has been worsening. profitability of construction company including material cost as well stagnation in housing market. Thus, according to fluctuations in international oil prices has cost index need to see any change happening there. in this study, 2000 to 2011 interest rates, exchange rates and oil price fluctuations in construction cost is to compare the impact.

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