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Exchange Rate Volatility Measures and GARCH Model Applications : Practical Information Processing Approach (환율 변동성 측정과 GARCH모형의 적용 : 실용정보처리접근법)

  • Moon, Chang-Kuen
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.99-121
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    • 2010
  • This paper reviews the categories and properties of risk measures, analyzes the classes and structural equations of volatility forecasting models, and presents the practical methodologies and their expansion methods of estimating and forecasting the volatilities of exchange rates using Excel spreadsheet modeling. We apply the GARCH(1,1) model to the Korean won(KRW) denominated daily and monthly exchange rates of USD, JPY, EUR, GBP, CAD and CNY during the periods from January 4, 1998 to December 31, 2009, make the estimates of long-run variances in the returns of exchange rate calculated as the step-by-step change rate, and test the adequacy of estimated GARCH(1,1) model using the Box-Pierce-Ljung statistics Q and chi-square test-statistics. We demonstrate the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the monthly series except the semi-variance GARCH(1,1) applied to KRW/JPY100 rate. But we reject the adequacy of GARCH(1,1) model in estimating and forecasting the volatility of exchange rates in the daily series because of the very high Box-Pierce-Ljung statistics in the respective time lags resulting to the self-autocorrelation. In conclusion, the GARCH(1,1) model provides for the easy and helpful tools to forecast the exchange rate volatilities and may become the powerful methodology to overcome the application difficulties with the spreadsheet modeling.

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Effect of the Arthritis Self-management Program on Elderly Women Living Alone in the Community (지역사회 여성 독거노인을 위한 '스스로 관절관리' 프로그램의 적용 효과)

  • Cho, Moo Yong;Kim, Dae Sook
    • Journal of muscle and joint health
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    • v.31 no.1
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    • pp.1-11
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    • 2024
  • Purpose: This study aimed to evaluate the effects of an arthritis self-management program on elderly women living alone in the community. Methods: This study recruited 36 individuals, who participated in the program once a week for six weeks at two community centers. The program consisted of muscle strengthening and flexibility exercises, health education on muscles and joints, and joint dance for aerobic exercise. The data collected were analyzed using the paired t-test and Wilcoxon rank test. Results: After six weeks, participants showed significant improvements in pain (t=3.03, p=.005), difficulties in activities of daily living (t=2.77, p=.010), health-related quality of life (t=-2.63, p=.014), flexibility of right shoulder (z=-2.42, p=.015), and balance (right leg, t=-2.63, p=.036; left leg, z=-2.36, p=.018). Conclusion: The results showed that the arthritis self-management program effectively improved outcomes for elderly women living alone. Thus, this program could be incorporated into various programs for elderly people living alone.

A Study on the Method of Implementation Assessment for Total Maximum Daily Load Management (수질오염총량관리를 위한 효율적 이행평가방안 연구)

  • Park, Jun-Dae;Park, Ju-Hyun;Rhew, Doug-Hee;Jeong, Dong-Hwan
    • Journal of Environmental Impact Assessment
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    • v.17 no.2
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    • pp.125-132
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    • 2008
  • It is desirable that implementation assessment (IA) should be carried out efficiently in order to make successful progress of Total Maximum Daily Load (TMDL) in watershed management. There are many difficulties in the process of the implementation assessment because of the early stage in the application of TMDL in Korea. This study reviewed the present status of IA and proposed the methodology of its improvement such as flexible application of TMDL ledger, and standardization of assessment index and criteria. The deficient time for assessment period could be corrected by the consideration of the post-procedure after the submission of IA report.

A Study on the Creation of Social Communities in Urban Reconstruction (도심 재구성에서의 사회 커뮤니티조성에 관한 검토)

  • Lu Zhiyan
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.5
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    • pp.815-819
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    • 2023
  • Currently, China's urban space is gradually changing from gradual development to inventory transformation. The planning and development goals of urban communities have also shifted from material space construction to the direction of sustainable development of humanities and society. Currently, community planning and construction at a single latitude, which focuses on residential life, overlooks the multidimensional elements of community life production, causing many problems such as cold relationships between communities and difficulties in forming relationships between humans and the environment. Therefore, this article re-recognizes the sociality of the community in the continuous unification of the community in time and space, clarifies the central and private aspects of the community, and re-explores the dynamic creation and methods of the community as the starting point of daily life.

A Research on Addictive Use of Smartphone by University Students (대학생의 스마트폰 중독적 사용 경험 연구)

  • Ko, Ki-Sook;Lee, Myoun-Jae;Kim, Young-Eun
    • Journal of Digital Contents Society
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    • v.13 no.4
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    • pp.501-516
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    • 2012
  • The purpose of this study is to explore the fundamental nature and meanings of the experiences of university students with regard to their smartphone usage in order to prevent smartphone addiction and provide guidelines to develop effective interventions. Nine university students who were currently enrolled in an university located in a Korean province participated in this study. In-depth interviews were conducted from June of 2012 to July of 2012, and data were analyzed using Colaizzi's phenomenological qualitative method. As a results, five theme and 40 subthemes of experiences of problematic smartphone usage were identified. Those themes include 1) a desperate try to connect with others(exposing oneself without appropriate self-protection, seeking emotional comfort, hurt and mistrust); 2) excessive use of smartphone and loss of self-control(more smartphone usage over computer/over-immersion/excessive usage/habituation, loss of self-control); 3) psychological difficulties(excessive attachment and dependence, separation anxiety, clingingness, reduced patience) ; 4) threats to daily functioning (changes in priorities, regressed independent daily functioning, irregular daily patterns, health problems, interruptions from free messenger, academic difficulties); 5) potential for recovery(conflictual feelings and doubts over smartphone usage, importance of interpersonal(face-to-face) communications, willingness to cut down the use, hope for recovery). This study provided suggestions for the prevention effort against smartphone addiction.

A Study on the User Scenario for Development of Financial Transaction Education System for the Elderly with Cognitive Impairment (인지저하 노인의 금융거래교육시스템 개발을 위한 사용자 시나리오 연구)

  • Choi, Hun;Choi, YooJung
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2018.10a
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    • pp.128-129
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    • 2018
  • Korea has recently entered a rapidly aging society. The problem of the elderly due to the aging society appears in various fields. Problems caused by cognitive deterioration as well as problems caused by physical weakness also cause many problems. Cognitive deterioration causes difficulties in the daily life of the elderly, which negatively affects the quality of life of the elderly. The purpose of this study is to conduct a user analysis for the development of financial education systems which can facilitate daily life activities of cognitively deprived elderly. Through this study, we develop representative elderly cases in which cognitive decline can occur and lay the foundations for the development of financial education contents based on them.

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A Qualitative Review of the Difficulties and Success Strategies of Workplace Health Management (사업장 보건관리의 어려움과 성공전략에 대한 질적 고찰)

  • Jung, Myung-Hee;Choi, Eun-Hi;Jung, Hye-Sun
    • Journal of the Korean Applied Science and Technology
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    • v.37 no.4
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    • pp.925-935
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    • 2020
  • This study aims to provide guidelines for the activities of workplace health managers by identifying their excellent health promotion activities and motivations. For this, consent for the study was obtained from 21 workplace health managers who had worked at the same company for more than five years, and a semi-structured questionnaire was sent via email to collect and qualitatively analyze the data. As a result, 17 categories and three topics were drawn. The derived topics included a sense of reward and accomplishment as workplace health managers, difficulties encountered as workplace health managers, and how to solve the difficulties. The survey respondents answered that they feel a sense of reward and accomplishment when workers open their mind, change their daily life, express gratitude, and pioneer new fields. On the other hand, they feel difficulties with unpredictable health, changes in the organizational culture, secrecy of disease, and people who think their job is easy. As a way of overcoming such difficulties, the research subjects said that it is necessary to read the minds of workers, let them know by themselves, use existing programs, have the most difficult people on their side, and spread their achievements. The results of this study revealed that it is required for workplace health managers to develop professional skills and emphasize the importance of health management to the policy-makers and employees of their workplace by continuously reporting health management performance. In addition, they need to actively benchmark the success strategies of exemplary workplace health managers.

The Development and Usability Testing of the Smart Home for Wheelchair Users - Focus on the Activities of Daily Living at Home - (휠체어 사용 장애인을 위한 스마트홈 구축 및 사용성평가 - 주거 환경 내 일상생활활동을 중심으로 -)

  • Lim, Myungjoon;Pyo, Kyung-Sun;Lee, KuemJu;Park, Jiyoung;Choi, Hyun;Kweon, Hyosun
    • Journal of the HCI Society of Korea
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    • v.11 no.2
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    • pp.5-14
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    • 2016
  • Wheelchair users found difficulties in living independently in their houses due to the lack of accessibility. The state of the art smart home technology may enable wheelchair users to live independently. In this study, we built a smart home, and tested its usability with three community dwelling wheelchair users. Three evaluation methods such as scenario-based test, K-IADL(Korea instrumental activity of daily living) test, and in-depth interview were used. All three users responded positively for using the smart home. Through this study, we also found several necessary amendments in building smart homes for wheelchair users.

Sleep Monitoring by Contactless in daily life based on Mobile Sensing (모바일 센싱 기반의 일상생활에서 비접촉에 의한 수면 모니터링)

  • Seo, Jung-Hee
    • The Journal of the Korea institute of electronic communication sciences
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    • v.17 no.3
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    • pp.491-498
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    • 2022
  • In our daily life, quality of sleeping is closely related to happiness index. Whether or not people perceive sleep disturbance as a chronic disease, people complain of many difficulties, and in their daily life, they often experience difficulty breathing during sleep. It is very important to automatically recognize breathing-related disorders during a sleep, but it is very difficult in reality. To solve this problem, this paper proposes a mobile-based non-contact sleeping monitoring for health management at home. Respiratory signals during the sleep are collected by using the sound sensor of the smartphone, the characteristics of the signals are extracted, and the frequency, amplitude, respiration rate, and pattern of respiration are analyzed. Although mobile health does not solve all problems, it aims at early detection and continuous management of individual health conditions, and shows the possibility of monitoring physiological data such as respiration during the sleep without additional sensors with a smartphone in the bedroom of an ordinary home.

An Analysis on the System and Operation of Occupational Education and Training for Construction Workers (건설근로자의 직업교육훈련 제도 및 운영실태 분석)

  • Oh Chi-Don;Son Chang-Baek
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.261-264
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    • 2004
  • The study, by reviewing and analysing the system of occupational education and training, aims to provide some substantial informations for the activation of occupational education and training in the construction sector. The result shows that the current system doesn't substantially reflect the realities of employment structure in the sector, and thus, fails to respond to skilled-worker development. It is also observed that most of the occupational education and training institutions have difficulties in recruiting trainees due to daily construction workers' negative attitudes toward the current system. Therefore, it is necessary i) to improve occupational education and training system, ii) to tackle in-depth analysis of daily construction workers' reasons for the negative perceptions, and iii) to develop the responding alternatives.

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