• KDI Journal of Economic Policy
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• v.26 no.2
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• pp.209-247
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• 2004

Although various publicly reserved funds have recently come to the fore of academic and policy-making attention in Korea, researchers rarely take up the issue of the reserve fund retained from annual profits by the central bank (i.e., the Bank of Korea). Starting with the general public choice premise that bureaucrats seek to maximize their discretionary budget, this paper first provides a theoretical reasoning why central bank's bureaucrats would prefer retaining annual profits to turning them to the Treasury. The major tenet to be emphasized is that retained profits as a reserve fund can give the central bankers discretionary power in their disposition. In particular, we focus on the close relationship between the reserve fund and the discount windows. The latter, as a monetary instrument, has traditionally been demonstrated to cause secrecy, arbitrariness, and other bureaucratic amenities in the previous literature. Subsequently, this paper, based on 61 countries data, empirically verifies that the central bank's reserve fund is at least partially used to additionally increase the discount windows. Since an excessive use of discount windows results in inflationary bias, we conclude the paper with some policy suggestions to have such bureaucratic power of discretion in check. This paper, if in its experimental nature yet, is expected to shed a critical implication for establishing the meaningful independence of the central bank to a host of countries.

• The Journal of the Petrological Society of Korea
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• v.6 no.2
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• pp.96-110
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• 1997

The Wondong Caldera, formed by the voluminous eruption of the rhyolitic ashflows of the Wondong Tuff which is about 1,550 m thick at the intracaldera and 550 m at the outflow, is a resurgent caldera which shows a dome structure on the central exposure of the caldera. The Wondong caldera volcanism eviscerated the magma chamber by a series of explosive eruptions during which rhyolitic magma was ejected, as small fallouts and voluminous ash-flows, to form the Wondong Tuff. The explosive eruptions began with ash-falls, progressed through pumice-falls and transmitted ash-flows. During the ash-flow phase the initial central vent eruption transmitted into late ring-fissure eruption which accompanied with caldera collapse. Contemporaneous collapse of the roop of the chamber resulted in the formation of the Wondong Caldera, a subcircular depression subsiding about 1,930 deep. Following the collapse, quartz porphyry was intruded as ring dykes along the ring fracture near the southwestern caldera rim. Subsequently the central part of the caldera floor began to be uplifted into a circular resurgent dome by the rising of residual magma. Concurrent with the resurgent doming, the volcaniclastic sediments of Hwajeri Formation were accumulated in the caldera moat and then rhyodacite lava erupted from the initial central resurgent dome and another ash-flow tuff from the northern ring fracture. After the sedimentation, the find-grained granodiorite was intruded as an arc along the eastern ring fracture of the caldera. Finally in the central part, the resurgent magma was emplaced as a hornblende biotite granite stock that formed the central dome.

• Communications of the Korean Mathematical Society
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• v.29 no.1
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• pp.23-26
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• 2014

Let E be a graded central division algebra (GCDA) over a grade field R. Let S be an unramified graded field extension of R. We describe the grading on the underlying GCDA E' of $E{\otimes}_RS$ which is analogous to the valuation on a tame division algebra over Henselian valued field.

• Corrosion Science and Technology
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• v.2 no.1
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• pp.26-29
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• 2003

This study determined that the four corrosive characters of carbon steel in the marine splash zone (MSZ) in China's four sea areas. It has a range and a corrosion peak value. The rust in the MSZ plays the role of "depolarizer" in the cathodic process of corrosion. The growth law of the rust layer in MSZ has a character of "annual ring". In addition the reasons causing serious corrosion of carbon steel in the marine splash zone has been discussed in this paper.

• Mycobiology
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• v.33 no.4
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• pp.243-244
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• 2005

Three fungi newly intercepted from importing plants were identified in 2004. They were Ascochyta chrysanthemi on Lactuca sativa from China, A. spinaciicola on Spinacia oleracea from Denmark, and Leptosphaerulina australis on Brassica oleracea var. capitata from China. The characters of these fungi were described and illustrated.

• Transactions of Materials Processing
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• v.5 no.4
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• pp.337-342
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• 1996

The present investigation is concerned with application of theory on fracture to the prediction of workability of materials in rotary forging with special reference to center crack. The validity of the theory on ductile fracture was examined by the experimental data. Then the workability of materials in rotary forging was determined.

• Economic and Environmental Geology
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• v.22 no.3
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• pp.293-300
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• 1989

The basal metamorphic complex of the central Sobaegsan Massif consists of pelitic & psammitic paragneisses, various kinds of granitic gneisses and lesser amounts of amphibolite. The granitic gneisses could be clearly distinguished from the pelitic and psammitic paragneisses on the basis of major-element geochemistry. A number of geochemical plots reveals that granitic gneisses were derived from calc - alkaline igneous rocks.

• Archives of Pharmacal Research
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• v.17 no.2
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• pp.87-92
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• 1994

A series of $7-{2-(aminothiazol-4-yl)-2-Z-({\gamma}-lacton-3-yl)oxyiminoactamido}$ cephalosporins with various substituents at the 30position in cephem nucleus in cephem nucleus were synthesized and evaluated microbiologically. The tested compounds showed potent activities but were somewhat less active than cefotaxime or cefixime against a wide variety of Gram-positive and Gram-negative bacteria.

• Clinical and Experimental Pediatrics
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• v.53 no.3
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• pp.294-299
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• 2010

Although the increasing incidence of central precocious puberty (CPP) in Korea has recently raised public concerns about health and growth problems, there are many areas of uncertainty regarding the pathogenesis, diagnosis, and management of CPP. In this paper, we review the definition of precocity, the assessment of CPP, and the hormonal abnormalities that support the diagnosis. In addition, we review the practical guidelines regarding the clinical use of gonadotropin-releasing hormone analogs in children with CPP. Indications for treatment, determination of dosage, monitoring during treatment, and discontinuation of therapy are discussed.

• YAKHAK HOEJI
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• v.27 no.4
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• pp.283-287
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• 1983

In order to search more active and less toxic central nervous depressants, piperic acid amides were synthesized by condensation of piperonal with crotonic acid amides. The bioassay results revealed that, among the compounds synthesized, the piperonic acid methylamide and ethylamide exhibited potent protective activity against strychnine-induced convulsion.