• The Journal of Asian Finance, Economics and Business
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• v.8 no.8
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• pp.297-309
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• 2021

In this study, to capture the skewness and kurtosis detected in both conditional and unconditional return distributions of the stock markets of Kazakhstan and Russia, two versions of normal mixture GARCH models are employed. The data set consists of daily observations of the Kazakhstan and Russia stock prices, and world crude oil price, covering the period from 1 June 2006 through 1 March 2021. From the empirical results, incorporating the long memory effect on the returns not only provides better descriptions of dynamic behaviors of the stock market prices but also plays a significant role in improving a better understanding of the return dynamics. In addition, normal mixture models for time-varying volatility provide a better fit to the conditional densities than the usual GARCH specifications and has an important advantage that the conditional higher moments are time-varying. This implies that the volatility skews implied by normal mixture models are more likely to exhibit the features of risk and the direction of the information flow is regime-dependent. The findings of this study contain useful information for diverse purposes of cross-border stock market players such as asset allocation, portfolio management, risk management, and market regulations.

• Proceedings of the KOR-KST Conference
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• 2000.02a
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• pp.25-47
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• 2000

In route guidance systems fastest-path routing has typically been adopted because of its simplicity. However, empirical studies on route choice behavior have shown that drivers use numerous criteria in choosing a route. The objective of this study is to develop computationally efficient algorithms for identifying a manageable subset of the nondominated (i.e. Pareto optimal) paths for real-time vehicle routing which reflect the drivers' preferences and route choice behaviors. We propose two pruning algorithms that reduce the search area based on a context-dependent linear utility function and thus reduce the computation time. The basic notion of the proposed approach is that ⅰ) enumerating all nondominated paths is computationally too expensive, ⅱ) obtaining a stable mathematical representation of the drivers' utility function is theoretically difficult and impractical, and ⅲ) obtaining optimal path given a nonlinear utility function is a NP-hard problem. Consequently, a heuristic two-stage strategy which identifies multiple routes and then select the near-optimal path may be effective and practical. As the first stage, we utilize the relaxation based pruning technique based on an entropy model to recognize and discard most of the nondominated paths that do not reflect the drivers' preference and/or the context-dependency of the preference. In addition, to make sure that paths identified are dissimilar in terms of links used, the number of shared links between routes is limited. We test the proposed algorithms in a large real-life traffic network and show that the algorithms reduce CPU time significantly compared with conventional multi-criteria shortest path algorithms while the attributes of the routes identified reflect drivers' preferences and generic route choice behaviors well.

• Proceedings of the Korea Concrete Institute Conference
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• 2001.05a
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• pp.119-124
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• 2001

A general procedure to implement the sensitivity analysis of PSC flexural members is proposed based on the analytical calculation of the gradients of stresses and strains with respect to the 21 design variables in a closed format. The formulation covers the long term losses including concrete creep, shrinkage, and PS steel relaxation as well as load effects. The derived formulation is applied to the rectangular section PSC beam with prestressing and nonprestressing steels for the sensitivity analysis. The analytically calculated sensitivity results are compared with those numerically calculated.

• Proceedings of the Korean Magnestics Society Conference
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• 2005.06a
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• pp.84-85
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• 2005

• The Korean Journal of Physiology and Pharmacology
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• v.21 no.1
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• pp.27-36
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• 2017

Angelicae Gigantis Radix (AGR, Angelica gigas) has been used for a long time as a traditional folk medicine in Korea and oriental countries. Decursinol angelate (DCA) is structurally isomeric decursin, one of the major components of AGR. This study was performed to confirm whether DCA augments pentobarbital-induced sleeping behaviors via the activation of $GABA_A$-ergic systems in animals. Oral administration of DCA (10, 25 and 50 mg/kg) markedly suppressed spontaneous locomotor activity. DCA also prolonged sleeping time, and decreased the sleep latency by pentobarbital (42 mg/kg), in a dose-dependent manner, similar to muscimol, both at the hypnotic (42 mg/kg) and sub-hypnotic (28 mg/kg) dosages. Especially, DCA increased the number of sleeping animals in the sub-hypnotic dosage. DCA (50 mg/kg, p.o.) itself modulated sleep architectures; DCA reduced the counts of sleep/wake cycles. At the same time, DCA increased total sleep time, but not non-rapid eye movement (NREM) and rapid eye movement (REM) sleep. In the molecular experiments. DCA (0.001, 0.01 and $0.1{\mu}g/ml$) increased intracellular Cl- influx level in hypothalamic primary cultured neuronal cells of rats. In addition, DCA increased the protein expression of glutamic acid decarboxylase ($GAD_{65/67}$) and $GABA_A$ receptors subtypes. Taken together, these results suggest that DCA potentiates pentobarbital-induced sleeping behaviors through the activation of $GABA_A$-ergic systems, and can be useful in the treatment of insomnia.

• Journal of the Korean Ceramic Society
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• v.35 no.2
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• pp.180-184
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• 1998

It was examined that the rheological behaviors of fly ash 70wt%-clay 30wt% slip in which nonplastic fly ash was a major component. We have systematically investigated the effects of deflocculant(Tetrasodium pyrophosphate ; Na4P2O7 nH2O Sodium silicate; Na2SiO3) and coagulant(CaSO4) on the rheological behavior of ash-clay slip. Ash-clay slip have been characterized on the basis of the time dependent rheology which was done out by the gel-curve test. Dispersion mechanism of ash-clay slip is the steric stabilization by the Na2SiO3 coating of cenospheres surface. Coagulated slip seems to have the new network structure and shows the gellation behaviors which makes it possible to direct coagulated casting(DCC).

• Transactions of the Korean Society of Automotive Engineers
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• v.3 no.6
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• pp.30-40
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• 1995

Optically accessible D. I. diesel engine with a rectangular combustion chamber was constructed to visualize the behaviors of sprays and flames in the combustion camber with the close conditions of pressure and temperature in an actual engine. The behaviors of sprays and flames in the combustion chamber as the operating conditions of this engine were photographed with high speed camera by Diffused Background Illumination Method. With photographs taken by this method, behavior of spray droplets injected into the combustion chamber, ignition points, and flame propagation were observed and analyzed at a time-and space-dependent fashion.

• Journal of Ocean Engineering and Technology
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• v.6 no.1
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• pp.78-86
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• 1992

The creep behaviors of 1%Cr-Mo-V and 12%Cr steam turbine rotor steels under static or cyclic load were examined at 600 and $700^{\circ}C$. The relationship between these two kinds of phenomena was studied and the experimental results were summarized as follows: 1) It is confirmed that the cyclic creep strain dependent on time is more available for creep, behavior analysis according to frequency change than that dependent on number of cycles, and the static creep, the special case of cyclic creep with stress ratio of 1 can be also more effectively analyzed by time-dependence. 2) The steady cyclic creep rate vs. the steady static creep rate, increases according to the increase of stress ratio, and this phenomena may occur on occasion of the decrease of the internal stress. 3) The initial strain affects on all the creep properties of the transient region, the steady state region and the rupture time in cyclic creep as well as static creep, and the quantitative relationships among them exist.

• Steel and Composite Structures
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• v.26 no.5
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• pp.533-547
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• 2018

In this paper the time-dependent creep analysis of a thick-walled FG cylinder with finite length subjected to axisymmetric mechanical and thermal loads are presented. First order shear deformation theory (FSDT) is used for description of displacement components. Inner and outer temperatures and outer pressure are considered as thermo-mechanical loadings. Both thermal and mechanical loadings are assumed variable along the axial direction using the sinusoidal distribution. To find temperature distribution, two dimensional heat transfer equation is solved using the required boundary conditions. The energy method and Euler equations are employed to reach final governing equations of the cylinder. After determination of elastic stresses and strains, the creep analysis can be performed based on the Yang method. The results of this research indicate that the boundaries have important effects on the responses of the cylinder. The effect of important parameters of this analysis such as variable loading, non-homogeneous index of functionally graded materials and time of creep is studied on the behaviors of the cylinder.

• Proceedings of the Korea Concrete Institute Conference
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• 2000.10b
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• pp.995-1000
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• 2000

Segmentally erected prestressed concrete box girder bridges have been widely used in Korean high speed railway. Segmental erection has been accomplished along the longitudinal direction and across the depth of cross section. The cross section is similar to a composite cross section, composed of old and new segments. Because these segments have different time-dependent creep and shrinkage properties, a stress redistribution takes place during the construction period. It is the main objective in this research to investigate this behavior. An actual bridge was instrumented with 96 vibrating wire embedded type strain gauges, 6 electronic type steel strain gauges, and 75 thermocouples. Two span continuous high speed railway bridge was selected. Two points of importance, such as the midpoint of the first span and the point of interior support, along the span of the girder were chosen to monitor the time dependent behaviors for an extended period of time. The data collection was starting just after concrete girder were cast and is still going on. According to the measured results, the strain distributions across the depth of the section at midspan and interior support were not continuous and the important redistribution of stresses takes place. Thus, rational design of prestressed concrete composite box girder bridges need.