• East Asian Economic Review
• /
• v.20 no.3
• /
• pp.391-423
• /
• 2016

By examining the relationship between private credit growth and the possibility of credit risk while focusing on international capital in 21 countries over the period 2000:1Q-2015:2Q, this paper shows that the impact of private credit growth on credit risk is apparent under the high ratio of capital inflows, and its impact on credit risk in the seven Asian countries is even stronger. And the possibility of credit risk caused by private credit is mainly coming from portfolio inflows rather than direct inflows. Finally, portfolio inflows strengthen the positive relationship between credit excess and credit risk in Asian countries, and this trend is seen more in these after the global financial crisis. Taken together, the stronger positive relationship between credit excess and credit risk can be strengthen under the massive portfolio inflows in particular in the seven Asian countries such as Hong Kong, India, Indonesia, Korea, Malaysia, Singapore, and Thailand.

• Journal of Power Electronics
• /
• v.16 no.2
• /
• pp.778-785
• /
• 2016

An excess carrier lifetime extraction method is derived for physics-based insulated gate bipolar transistor (IGBT) models with consideration of the latest development in IGBT modeling. On the basis of the 2D mixed-mode Sentaurus simulation, the clamp turn-off test is simulated to obtain the tail current. The proposed excess carrier lifetime extraction method is then performed using the simulated data. The comparison between the extracted results and actual lifetime directly obtained from the numerical device model precisely demonstrates the accuracy of the proposed method.

• 한국신재생에너지학회:학술대회논문집
• /
• 2009.11a
• /
• pp.306-309
• /
• 2009

Concern for new and renewable energy is growing globally. Biogas is one of the alternative fuels and consists of methane and carbon dioxide. It is difficult to achieve efficient engine operation due to a lower heating value of biogas compared to that of natural gas. In order to improve generating efficiency, finding an optimum point of ignition timing and excess air ratio is important. From this fact, generating efficiency and pollutant emissions of 2300cc gas engine generator operated by biogas as functions of ignition timings and excess air ratios were investigated in this study. As a test result, the generating efficiency of the gas engine generator using biogas was 27.34 % in the condition of the BTDC of $16^{\circ}$ and the excess air ratio of 1.4.

• Journal of the Korean Chemical Society
• /
• v.8 no.4
• /
• pp.183-187
• /
• 1964

The excess molar surface entropies of each surface layers are calculated applying the modified significant structure theory of liquid. The calculated excess molar surface entropy for the first top surface layer is slightly greater than the entropy of surface formation of ideal molecules,$^5$ the latter is equal to Rln2. The excess entropy for the second surface layer is small and that for the third layer is negligible at low temperatures. The surface tensions of argon, nitrogen, methane, benzene and halogens are calculated applying the modified significant structure theory of liquid.

• Proceedings of the Safety Management and Science Conference
• /
• 2009.11a
• /
• pp.589-599
• /
• 2009

The purposes of this study is to verify whether insider trader get the excess return using inside information. For this we divide inside traders into four groups according to their ownership: maximum shareholder, main shareholders, 5% sharehoders and executives. Also we categorize inside traders into three groups: personal investor, foreign investor and institutional investors. After insiders trade their stock, excess return is reported for 20days and the size of excess return of executives and institutional investor is larger than that of other groups. It means more strict monitoring system is needed in the domestic stock market.

• Proceedings of the Korean Geotechical Society Conference
• /
• 2008.10a
• /
• pp.888-892
• /
• 2008

If gas hydrate dissociates due to natural and/or human activities, it generates large amount of gas and water. Upon gas hydrate dissociation, a generated pore water pressure between soil particles increases and results in the loss of an effective stress and degradation of soil stiffness and strength. In order to predict the generated excess pore water pressure due to gas hydrate dissociation, two methods based on small hydrate concept (SHC) and large hydrate concept (LHC) are proposed. An excess pore water pressure generated by the gas hydrate dissociation in the Storegga Slide was calculated using two proposed methods.

• Transactions of the Korean Society of Mechanical Engineers B
• /
• v.24 no.5
• /
• pp.677-686
• /
• 2000

The characteristics of combustion and of emissions in pressurized fluidized bed combustor are investigated. The pressure of the combustor is fixed at 6 atm, and the combustion temperatures are set to 850, 900, and $950^{\circ}C$. The gas velocities are 0.9, 1.1, and 1.3 m/s. The excess air ratio is varied from 5 to 35%. The coal used in the experiment is Shenhwa coal in China. All experiments are executed at 2m bed height. Consequently, NOx & $N_2O$ concentration in the flue gas is increased with incresing excess air ratio but $SO_2$ concentration is decreased with incresing excess air ratio. CO concentration is maintained below 100ppm at over 15% of excess air ratio.

• Journal of the Korean Ceramic Society
• /
• v.30 no.11
• /
• pp.925-932
• /
• 1993

The perovskite phase in PZN-PMN-PT (Pb(Zn, Mg)1/3Nb2/3O3-PbTiO3) pseudoternary ceramics was stabilized by the addition of excess constituent divalent oxides (PbO, MgO and ZnO). The excess addition of 5mol% MgO or 7.5mol% PbO fully stabilized the perovskite phase. The enhanced diffuse phase transition (DPT) and the decrease in the electrical resistivity observed in the presence of excess ZnO or MgO were interpreted in terms of the additional formation of negatively charged, short-range ordered 1:1 domains with a concomitant generation of charge carriers, holes.

• East Asian Economic Review
• /
• v.18 no.2
• /
• pp.111-142
• /
• 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.

• Proceedings of the Earthquake Engineering Society of Korea Conference
• /
• 2006.03a
• /
• pp.89-96
• /
• 2006

Recently, many researches on the dissipation of excess pore pressure in liquefied sand grounds have been performed to evaluate post-liquefaction behaviors of structures. In this paper. centrifuge tests were performed to simulate liquefaction behaviors of prototype soil. The evaluation model of solidified layer thickness was developed to simulate non-linear variation of solidified layer thickness with time. Also, the dissipation of excess pore pressure in liquefied sand was evaluated by applying the solidification theory and the consolidation theory. The developed model gives a good estimation of the solidified layer thickness and the time history of excess pore pressure.