• Title/Summary/Keyword: Sign Restrictions

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Capital Inflow Shocks and House Prices: Aggregate and Regional Evidence from Korea

  • Tillmann, Peter
    • East Asian Economic Review
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    • v.17 no.2
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    • pp.129-159
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    • 2013
  • Over the course of the recent global financial crisis, emerging economies experienced massive swings in capital inflows. In this paper, we estimate a VAR model to assess the impact of capital inflow shocks, which are identified using a set of sign restrictions, on house prices in Korea. We base the analysis on three alternative measures of capital inflows: net total inflows, net portfolio inflows and gross total inflows. The results suggest that capital inflow shocks have a significantly positive and persistent effect on real house prices. Although shocks to capital inflows are found to be substantially more important for Korean asset markets than for other OECD countries, their overall explanatory power is modest. Using regional house price data we also show that capital inflow shocks have an asymmetric effect on property markets across the seven largest Korean cities and across different parts of Seoul.

Direct Adaptive Fuzzy Control with Less Restrictions on the Control Gain

  • Phan, Phi Anh;Gale, Timothy J.
    • International Journal of Control, Automation, and Systems
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    • v.5 no.6
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    • pp.621-629
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    • 2007
  • In the adaptive fuzzy control field for affine nonlinear systems, there are two basic configurations: direct and indirect. It is well known that the direct configuration needs more restrictions on the control gain than the indirect configuration. In general, these restrictions are difficult to check in practice where mathematical models of plant are not available. In this paper, using a simple extension of the universal approximation theorem, we show that the only required constraint on the control gain is that its sign is known. The Lyapunov synthesis approach is used to guarantee the stability and convergence of the closed loop system. Finally, examples of an inverted pendulum and a magnet levitation system demonstrate the theoretical results.

Real-time Sign Language Recognition Using an Armband with EMG and IMU Sensors (근전도와 관성센서가 내장된 암밴드를 이용한 실시간 수화 인식)

  • Kim, Seongjung;Lee, Hansoo;Kim, Jongman;Ahn, Soonjae;Kim, Youngho
    • Journal of rehabilitation welfare engineering & assistive technology
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    • v.10 no.4
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    • pp.329-336
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    • 2016
  • Deaf people using sign language are experiencing social inequalities and financial losses due to communication restrictions. In this paper, real-time pattern recognition algorithm was applied to distinguish American Sign Language using an armband sensor(8-channel EMG sensors and one IMU) to enable communication between the deaf and the hearing people. The validation test was carried out with 11 people. Learning pattern classifier was established by gradually increasing the number of training database. Results showed that the recognition accuracy was over 97% with 20 training samples and over 99% with 30 training samples. The present study shows that sign language recognition using armband sensor is more convenient and well-performed.

Switching Control for End Order Nonlinear Systems by Avoiding Singular Manifolds (특이공간 회피에 의한 2차 비선형 시스템의 스위칭 제어기 설계)

  • Yeom, D.H.;Im, K.H.;Choi, J.Y.
    • Proceedings of the KIEE Conference
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    • 2003.11b
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    • pp.315-318
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    • 2003
  • This paper proposes a switching control method applicable to any affine, 2nd order nonlinear system with single input. The key contribution is to develop a control design method which uses a piecewise continuous Lyapunov function non-increasing at every discontinuous point. The proposed design method requires no restrictions except full state availability. To obtain a non-increasing, piecewise continuous Lyapunov function, we change the sign of off-diagonal term s of the positive definite matrix composing the former Lyapunov function according to the sign of the Inter-connection term. And we use the solution of inequalities which guarantee each Lyapunov function is non-increasing at any discontinuous point.

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A Study on the Choice of Price Formation Models for Fishery Resources (수산자원의 가격형성모형의 선택에 관한 연구)

  • Park, Hoan-Jae
    • The Journal of Fisheries Business Administration
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    • v.44 no.1
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    • pp.59-70
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    • 2013
  • The purpose of this paper is to integrate various models of price formation and let the data choose the most proper model. After the data choose the proper model, one can analyze the price formation process and demand structures for fishery resources under the restriction of Korean fisheries regulations. This study suggests the integrated model including quasi-linear price formation model, Translog price formation model, AIDS price formation model and Lewbel price formation model as level variables. It also suggests another integrated model including AIDS price formation model, Rotterdam price formation model, Latinen-Theil price formation model and Neves price formation model as difference variables. The empirical results show that the AIDS price formation model is the most preferred in both level and difference variables of fishery resources. The estimated parameters show that all sample species have (-) sign of price flexibilities, thus following the law of demand. The scale flexibilities of all species are estimated as (-) sign, thus being adapted to the theory. The contribution and results are summarized as follows. First, the integrated model of fishery market demand has been developed and the data can choose the proper model without arbitrary choice of the researcher. Second, the fishery market demand structure could be analyzed in a way different from the ordinary demand analysis, which is based upon price flexibility and scale flexibility. Third, the integrated model for fishery resources can be used easily when catching restrictions are imposed by policies.

The Strategic Use of e-Learning for ERP Related Organizational Change Management (ERP 시스템 구축 관련 조직변화관리 지원을 위한 e-러닝 활용전략)

  • Kim, Yeong-Real;Han, Dae-Mun
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.5
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    • pp.132-140
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    • 2006
  • Implementing ERP system is inherently a very complex task that involves ongoing training employees to use the new system. However, the traditional methods of ERP training and education have presented many problems. A new form of training, e-learning, has emerged. E-learning enables trainees to sign on classes without restrictions of time, distance, and classroom availability. We suggested several usage strategies and e-learning combined model for ERP related organizational change management.

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Development of New Radar Beacon

  • Hayashi, Shogo;Sato, Tatsuo;Tanaka, Senji;Suzuki, Tsutomu
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • v.1
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    • pp.291-296
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    • 2006
  • The restrictions concerning the use of the radio waves have become severe, the marine radar with low spurious is being developed. Therefore, it is necessary to develop aids to navigation as a radar beacon can respond to new type of marine radar. Because the system of radar in the future is an indetermination, new radar beacon should correspond to old and new radar system during a transition period. New radar beacon that is also able to respond to pulse radar, pulse compression radar and FM-CW radar were considered in these years in Japan. The sign of the response of Morse code in a new system is generated by the delay synthesis system. Computer simulation and actual examination using trial circuit were curried out. A big possibility was set up in the development of the new radar beacon that was able to correspond to old and new radar system. These results and the state of new radar beacon is mentioned in this paper.

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International Transmission of Macroeconomic Uncertainty in China: A Time-varying Bayesian Global SVAR Approach

  • Wongi Kim
    • East Asian Economic Review
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    • v.28 no.1
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    • pp.95-140
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    • 2024
  • This study empirically investigates the international transmission of China's uncertainty shocks. It estimates a time-varying parameter Bayesian global structural vector autoregressive model (TVP-BGVAR) using time series data for 33 countries to evaluate heterogeneous international linkage across countries and time. Uncertainty shocks are identified via sign restrictions. The empirical results reveal that an increase in uncertainty in China negatively affects the global economy, but those effects significantly vary over time. The effects of China's uncertainty shocks on the global economy have been significantly altered by China's WTO accession, the global financial crisis, and the recent US-China trade conflict. Furthermore, the effects of China's uncertainty shocks, typically on inflation, differ significantly across countries. Moreover, Trade openness appears crucial in explaining heterogeneous GDP responses across countries, whereas the international dimension of monetary policy appears to be important in explaining heterogeneous inflation responses across countries.

Model for Price Formation of Fish and Its Demand Structure (어류의 가격형성과 수요구조분석)

  • Park, Hoan-Jae
    • The Journal of Fisheries Business Administration
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    • v.40 no.1
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    • pp.133-152
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    • 2009
  • The purpose of this paper is to model price formation and analyze demand structures for fishes under the restriction of Korean fisheries regulations. This study suggests the model that the price of fish is formed by its quantity, expenditure, and habit persistence. In economic literature, such a fishery market demand is called the inverse demand with dynamic habit persistence. Based upon a static differential price formation model, the paper has generalized it dynamically incorporating habit persistence effects. The empirical results show that all the species have values less than one and (-) sign of price flexibilities, thus being price inflexible. The estimated habit adjustment coefficients are significant at the level of 1%. Especially, TAC species have the smaller values of them than those of other main fish species. The contribution and results are summarized as follows. First, the fishery market demand has a strong dynamic effects from habit persistence. Second, the fishery market demand structure could be analyzed in a way different from the ordinary demand analysis, which is based upon price flexibility, scale flexibility, and cross adjustment flexibility. Third, the limitation of this paper is that it ignores the increasing stock effects by catching restrictions, thus raising consumers' benefit in the future.

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Digital Barrier-Free and Psychosocial Support for Students with Disabilities in Distance Learning Environments

  • Kravchenko, Oksana;Koliada, Natalia;Berezivska, Larysa;Dikhtyarenko, Svitlana;Baida, Svitlana;Danylevych, Larysa
    • International Journal of Computer Science & Network Security
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    • v.22 no.8
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    • pp.15-24
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    • 2022
  • The article clarifies the conditions for information, digital and educational accessibility for higher education seekers with disabilities in terms of distance learning caused by quarantine restrictions. It is established that such conditions are regulated by international and Ukrainian legal documents (The Standard Rules on the Equalization of Opportunities for Persons with Disabilities, Convention on the Rights of Persons with Disabilities, Sustainable Development Goals, Law of Ukraine "On Education", Law of Ukraine "On Higher Education", Strategy for the Development of Higher Education in Ukraine 2021-2031, Development Strategy areas of innovation for the period up to 2030, Development strategy of the sphere of innovation activity for the period up to 2030). As a part of information barrierlessness, Higher Education Institutions (HEI) should provide access to information in various formats and using technologies, in particular Braille script, large-type printing, audio description (audio descriptive commenting), sign language interpretation, subtitling, a format suitable for reading by screen access programs, formats of simple speech, easy-to-read formats, means of alternative communication. The experience of Pavlo Tychyna Uman State Pedagogical University is described. In particular, special attention is paid to the study of sign language: in view of this, the initiative group implemented the project "Learning to hear and overcome social isolation together" with the financial support of the British Council in Ukraine. Within the framework of digital accessibility, the official website of the Faculty of Social and Psychological Education has been adapted for the visually impaired in accordance with WCAG 2.0 World Standards. In 2021, Pavlo Tychyna Uman State Pedagogical University implemented the project "Cultural, Recreational and Tourist Cherkasy Region: Inclusive Social 3D Map" funded by the Ukrainian Cultural Foundation; a site with available content for online travel in the region to provide barrier-free access to the historical and cultural heritage of Cherkasy region was created. Educational accessibility is achieved by increasing the number of people with special educational needs, receiving education in inclusive groups; activities of the Center for Social and Educational Integration and Inclusive Rehabilitation Social Tourism "Bez barieriv" ("Without barriers"); implementation of a research topic for financing the Ministry of Education and Science of Ukraine: "Social and psychological rehabilitation of children and youth with special educational needs by means of inclusive tourism"; implementation of the project "Social inclusion of distance educational process"; development of information campaigns to popularize the ideas of accessibility, the need for its implementation, ongoing training programs and competitions, etc.