• Title/Summary/Keyword: Multi regime

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Country Fundamentals and Currency Excess Returns

  • Kim, Daehwan;Song, Chi-Young
    • East Asian Economic Review
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    • v.18 no.2
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    • pp.111-142
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    • 2014
  • We examine whether country fundamentals help explain the cross-section of currency excess returns. For this purpose, we consider fundamental variables such as default risk, foreign exchange rate regime, capital control as well as interest rate in the multi-factor model framework. Our empirical results show that fundamental factors explain a large part of the cross-section of currency excess returns. The zero-intercept restriction of the factor model is not rejected for most currencies. They also reveal that our factor model with country fundamentals performs better than a factor model with usual investment-style factors. Our main empirical results are based on 2001-2010 balanced panel data of 19 major currencies. This paper may fill the gap between country fundamentals and practitioners' strategies on currency investment.

Analysis of Long-Term Riverbed-Level and Flood Stage Variation due to Water Gate Operation of Multi-functional Weirs at Geum River (다기능보의 수문운영에 따른 금강의 장기하상변동 및 홍수위변화 분석)

  • Jeong, Anchul;Jung, Kwansue
    • Journal of Korea Water Resources Association
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    • v.48 no.5
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    • pp.379-391
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    • 2015
  • Multi-functional weirs has been installed in four rivers are hydraulic structures across the river. The structures were divided into movable and fixed weirs. Hence, riverbed-level variation and sediment transport can be varied due to water gate operation. In this study, the long-term riverbed-level variation of Geum river basin due to water gate operation of multi-functional weirs was studied. Result of this study shows that the variation of thalweg elevation was greater than the variation of annual average riverbed elevation due to multi-functional weirs construction and water gate operation. Maximum riverbed degradation of thalweg elevation that occurred was 2.79m and riverbed aggradation was 1.90m. Maximum riverbed degradation of the annual average riverbed elevation that occurred was 2.16m and riverbed aggradation was 1.24m. Analysis result of flood stage by the variation of riverbed-level shows that flood stages were increased in majorities area. The maximum increase in the value of flood stage was 2.23m. For this reason, flood stages can be greater than the freeboard of the levees. Therefore, we should consider the water gate operation of multi-functional weirs when planning and managing sediment in the river. We are expecting to use the result of this study in river planning for river management and selecting the river regime.

Assessments of RELAP5/MOD3.2 and RELAP5/CANDU in a Reactor Inlet Header Break Experiment B9401 of RD-14M

  • Cho Yong Jin;Jeun Gyoo Dong
    • Nuclear Engineering and Technology
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    • v.35 no.5
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    • pp.426-441
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    • 2003
  • A reactor inlet header break experiment, B9401, performed in the RD-14M multi channel test facility was analyzed using RELAP5/MOD3.2 and RELAP5/CANDU[1]. The RELAP5 has been developed for the use in the analysis of the transient behavior of the pressurized water reactor. A recent study showed that the RELAP5 could be feasible even for the simulation of the thermal hydraulic behavior of CANDU reactors. However, some deficiencies in the prediction of fuel sheath temperature and transient behavior in athe headers were identified in the RELAP5 assessments. The RELAP5/CANDU has been developing to resolve the deficiencies in the RELAP5 and to improve the predictability of the thermal-hydraulic behaviors of the CANDU reactors. In the RELAP5/CANDU, critical heat flux model, horizontal flow regime map, heat transfer model in horizontal channel, etc. were modified or added to the RELAP5/MOD3.2. This study aims to identify the applicability of both codes, in particular, in the multi-channel simulation of the CANDU reactors. The RELAP5/MOD3.2 and the RELAP5/CANDU analyses demonstrate the code's capability to predict reasonably the major phenomena occurred during the transient. The thermal-hydraulic behaviors of both codes are almost identical, however, the RELAP5/CANDU predicts better the heater sheath temperature than the RELAP5/MOD3.2. Pressure differences between headers govern the flow characteristics through the heated sections, particularly after the ECI. In determining header pressure, there are many uncertainties arisen from the complicated effects including steady state pressure distribution. Therefore, it would be concluded that further works are required to reduce these uncertainties, and consequently predict appropriately thermal-hydraulic behaviors in the reactor coolant system during LOCA analyses.

Discovery of high redshift galaxy clusters and superclusters and study of star formation-density relation

  • Hyun, Minhee;Im, Myungshin;Kim, Jae-Woo;Lee, Seong-Kook;Edge, Alastair C.
    • The Bulletin of The Korean Astronomical Society
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    • v.40 no.2
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    • pp.49.2-49.2
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    • 2015
  • Galaxy cluster is the most important laboratoriy to study the effect of environment on galaxies, one of key questions in astronomy. In the local universe, it is well known that red, passive galaxies are concentrated in the cluster core. However, it is still controversial whether the star formation-density relation at the low redshift is retained in the distant universe. Many surveys have tried to find galaxy clusters at various epochs. However the optical dataset has limitations in finding galaxy clusters at z > 1, since the bulk of stellar emission of z > 1 galaxies is redshifted into the near-IR regime. We used the multi-wavelength data from the UKIDSS DXS (J and K bands), the SWIRE (4 IRAC bands), and the PAN-STARRS (g, r, i, z, y bands) and IMS (J band; Im et al. 2015, in preparation) in the European Large Area ISO Survey North1 (ELAIS-N1) field to search for high redshift galaxy clusters and study the properties of member galaxies. Using the multi-wavelength data, we investigated overdensities of galaxies at 0.2 < z < 1.6 based on the photometric redshift information. We found several superclusters where cluster candidates are concentrated within scales of few tens of Mpc at z ~ 0.9. Interestingly, some of the supercluster candidates consist of galaxy clusters which are dominated by blue galaxies. We will present high redshift galaxy cluster and supercluster candidates in ELAIS-N1 field and galaxy properties in different environments including dense clusters and fields.

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AKARI-NEP : EFFECTS OF AGN PRESENCE ON SFR ESTIMATES OF GALAXIES

  • Marchetti, L.;Feltre, A.;Berta, S.;Baronchelli, I.;Serjeant, S.;Vaccari, M.;Bulgarella, D.;Karouzos, M.;Murata, K.;Oi, N.;Pearson, C.;Rodighiero, G.;Segdwick, C.;White, G.J.
    • Publications of The Korean Astronomical Society
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    • v.32 no.1
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    • pp.239-244
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    • 2017
  • How does the presence of an AGN influence the total SFR estimates of galaxies and change their distribution with respect to the Galaxy Main Sequence? To contribute to solving this question, we study a sample of 1133 sources detected in the North Ecliptic Pole field (NEP) by AKARI and Herschel. We create a multi-wavelength dataset for these galaxies and we fit their multi-wavelength Spectral Energy Distribution (SED) using the whole spectral regime (from 0.1 to $500{\mu}m$). We perform the fit using three procedures: LePhare and two optimised codes for identifying AGN tracers from the SED analysis. In this work we present an overview of the comparison between the estimates of the Infrared bolometric luminosities (between 8 and $1000{\mu}m$) and the AGN fractions obtained exploiting these different procedures. In particular, by estimating the AGN contribution in four different wavelength ranges ($5-40{\mu}m$, $10-20{\mu}m$, $20-40{\mu}m$ and $8-1000{\mu}m$) we show how the presence of an AGN affects the PAH emission by suppressing the ratio $\frac{L_{8{\mu}m}}{L_{4.5{\mu}m}}$ as a function of the considered wavelength range.

Hybrid Scheduling in Millimeter Wave Full-Duplex Systems (밀리미터파 전 이중 시스템에서의 혼성 스케줄링)

  • Mai, Vien V.;Kim, Juyeop;Choi, Sang Won;Shin, Won-Yong
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.20 no.1
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    • pp.52-57
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    • 2016
  • We introduce a hybrid scheduling in a multi-path poor scattering full-duplex (FD) system, which consists of one multi-antenna FD base station and a large number of single-antenna half-duplex mobile stations. Our hybrid scheduling utilizes partial channel state information at the transmitter. In particular, unlike the conventional scheduling method using opportunistic transmission for both uplink and downlink, the proposed scheme combines a random transmit beamforming for downlink and a zero forcing beamforming for uplink. As our main result, via computer simulations, it is shown that the proposed scheme has a superior sum-rate performance than that of the conventional scheduling method beyond a certain signal-to-noise ratio regime.

Ecological Assessments of Aquatic Environment using Multi-metric Model in Major Nationwide Stream Watersheds (우리나라 주요하천 수계에서 다변수모델을 이용한 생태학적 수환경 평가)

  • An, Kwang-Guk;Lee, Jae-Yon;Bae, Dae-Yeul;Kim, Ja-Hyun;Hwang, Soon-Jin;Won, Doo-Hee;Lee, Jae-Kwan;Kim, Chang-Soo
    • Journal of Korean Society on Water Environment
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    • v.22 no.5
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    • pp.796-804
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    • 2006
  • The objective of this research was to develop ecological multi-metric models using natural fish assemblages for a diagnosis of current stream health condition, and apply the model to nationwide lotic ecosystems of the Geum River, the Youngsan River, and the Sumjin River. The ecological stream health model was based on the index of biological integrity (IBI), which was originally developed in North American streams by Karr (1981), and the Rapid Bioassessment Protocol (RBP), which was scientifically established by the US EPA (1999). The metric numbers and metric attributes were partially changed for the regional applications, so the scoring criteria was modified for the assessment. Overall, metric values, based on the IBI calculations, reflected conventional water quality characteristics, based on nutrient regime, and agreed with results of staticeco-toxicity tests. Some stations impaired in terms of stream health were identified by the IBI approach, and also major key stressors affecting the stream health were identified by additional evaluations of physical habitats. Our preliminary results suggested that biological integrity in stream ecosystems was largely disturbed by habitat degradation as well as chemical pollutions. This new approach would be used as a key tool for ecological restorations and species conservations in the degraded aquatic ecosystems in Korea and applied for elucidating major causes of ecological disturbances. Ultimately, this approach provides us an effective management strategy of stream ecosystems through establishments of ecological networks in various watersheds.

Transparent and Flexible All-Organic Multi-Functional Sensing Devices Based on Field-effect Transistor Structure

  • Trung, Tran Quang;Tien, Nguyen Thanh;Seol, Young-Gug;Lee, Nae-Eung
    • Proceedings of the Korean Vacuum Society Conference
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    • 2011.02a
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    • pp.491-491
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    • 2011
  • Transparent and flexible electronic devices that are light-weight, unbreakable, low power consumption, optically transparent, and mechanical flexible possibly have great potential in new applications of digital gadgets. Potential applications include transparent displays, heads-up display, sensor, and artificial skin. Recent reports on transparent and flexible field-effect transistors (tf-FETs) have focused on improving mechanical properties, optical transmittance, and performances. Most of tf-FET devices were fabricated with transparent oxide semiconductors which mechanical flexibility is limited. And, there have been no reports of transparent and flexible all-organic tf-FETs fabricated with organic semiconductor channel, gate dielectric, gate electrode, source/drain electrode, and encapsulation for sensor applications. We present the first demonstration of transparent, flexible all-organic sensor based on multifunctional organic FETs with organic semiconductor channel, gate dielectric, and electrodes having a capability of sensing infrared (IR) radiation and mechanical strain. The key component of our device design is to integrate the poly(vinylidene fluoride-triflouroethylene) (P(VDF-TrFE) co-polymer directly into transparent and flexible OFETs as a multi-functional dielectric layer, which has both piezoelectric and pyroelectric properties. The P(VDF-TrFE) co-polumer gate dielectric has a high sensitivity to the wavelength regime over 800 nm. In particular, wavelength variations of P(VDF-TrFE) molecules coincide with wavelength range of IR radiation from human body (7000 nm ~14000 nm) so that the devices are highly sensitive with IR radiation of human body. Devices were examined by measuring IR light response at different powers. After that, we continued to measure IR response under various bending radius. AC (alternating current) gate biasing method was used to separate the response of direct pyroelectric gate dielectric and other electrical parameters such as mobility, capacitance, and contact resistance. Experiment results demonstrate that the tf-OTFT with high sensitivity to IR radiation can be applied for IR sensors.

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Fuel Rich Gas O/F Ratio Characteristics of HDPE and Paraffin Fuel in Low Range of the Oxidizer Mass Flux (저 산화제유속 구간에서의 HDPE 및 Paraffin 연료의 연료농후가스 O/F비 특성)

  • Han, Seongjoo;Ryu, Sunghoon;Kim, Jinkon;Kang, Teagon;Moon, Heejang;Kim, Junhyung;Ko, Seung Won
    • Journal of the Korean Society of Propulsion Engineers
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    • v.20 no.6
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    • pp.54-60
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    • 2016
  • Multi-port HDPE and Paraffin firing tests are conducted for hybrid gas generator application of a ducted rocket in the low oxidizer mass flux range. A fuel rich gas of O/F ratio from 0.3 to 0.8, a typical O/F operating range of a ducted rocket gas generator, have been achieved with paraffin fuel implying that the hybrid system can be a potential candidate. It was also found that an almost constant O/F ratio regime exists under $35kg/m^2s$ of the oxidizer mass flux, opening a possibility for the paraffin fuel toward the VFDR gas generator application.

On post-buckling characteristics of functionally graded smart magneto-electro-elastic nanoscale shells

  • Asrari, Reza;Ebrahimi, Farzad;Kheirikhah, Mohammad Mahdi
    • Advances in nano research
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    • v.9 no.1
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    • pp.33-45
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    • 2020
  • Geometrically nonlinear buckling of functionally graded magneto-electro-elastic (FG-MEE) nanoshells with the use of classical shell theory and nonlocal strain gradient theory (NSGT) has been analyzed in present research. Mathematical formulation based on NSGT gives two scale coefficients for simultaneous description of structural stiffness reduction and increment. Functional gradation of material properties is described based on power-law formulation. The nanoshell is under a multi-physical field related to applied voltage, magnetic potential, and mechanical load. Exerting a strong electric voltage, magnetic potential or mechanical load may lead to buckling of nanoshell. Taking into account geometric nonlinearity effects after buckling, the behavior of nanoshell in post-buckling regime can be analyzed. Nonlinear governing equations are reduced to ordinary equations utilizing Galerkin's approach and post-buckling curves are obtained based on an analytical procedure. It will be shown that post-buckling curves are dependent on nonlocal/strain gradient parameters, electric voltage magnitude and sign, magnetic potential magnitude and sign and material gradation exponent.