• The Journal of Asian Finance, Economics and Business
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• v.9 no.7
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• pp.27-39
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• 2022

The exchange rate is an important macroeconomic variable that influences internal and external balances. Nepal follows a dual exchange rate such that the Nepali rupee (NPR) is pegged with the Indian rupee (INR) but floats with the United States dollar (USD) and all other currencies. There have been very few studies on the exchange rate of Nepal, of which the majority focus on the bivariate relationship between exchange rate and another variable. However, this paper analyses the multivariate relationship between the USD-NPR exchange rate and major macroeconomic variables. Determinants of Nepal's exchange rate have been derived with multiple regression using the ordinary least square (OLS) approach. Since the explanatory variables could not significantly capture the movement of the dependent variable, a long-run relationship between Nepal and India's exchange rate has been analyzed using Engle-Granger cointegration to establish a relationship as suggested by a graphical representation. This explains that Nepal's exchange rate long run is determined by India's exchange rate than its own fundamentals. In addition, the macro-linkages of Nepal's macroeconomic variables have been analyzed using Standard Vector Autoregressive models followed by impulse response analysis which is useful for policy decisions. Some policy implications indicating the sustainability of Nepal's pegged regime have been drawn based on the empirical analysis.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 2007.11a
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• pp.1430-1436
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• 2007

A principal components analysis (PCA) of the median head-related impulse responses (HRIRs) in the CIPIC HRTF database reveals that the individual HRIRs can be adequately reconstructed by a linear combination of 12 orthonormal basis functions. These basis functions can be used generally to model arbitrary HRIRs, which are not included in the process to obtain the basis functions. To clarify whether these basis functions can be used to model other set of arbitrary HRIRs, an numerical error analysis for modeling and a series of subjective listening tests were carried out using the measured and modeled HRIRs. The results showed that the set of individual HRIRs, which were measured in our lab using different measurement conditions, techniques, and source positions, can be well modeled with reasonable accuracy. Furthermore, all subjects reported not only the accurate vertical perception but also the front-back discrimination with the modeled HRIRs based on 12 basis functions. However, as less basis functions were used for HRIR modeling, the modeling accuracy and localization performance deteriorated.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.18 no.4
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• pp.448-457
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• 2008

A principal components analysis (PCA) of the median-plane head-related impulse responses (HRIRs) in the CIPIC HRTF database reveals that the individual HRIRs in the median plane can be adequately reconstructed by a linear combination of 12 orthonormal basis functions. These basis functions can be used to model arbitrary median-plane HRIRs, which are not included in the process to obtain the basis functions. Memory size can be reduced up to 5-fold depending on the number of HRIRs to be modeled. To clarify whether these basis functions can be used to model other set of arbitrary median plane HRIRs, a numerical error analysis for modeling and a series of subjective listening tests were carried out using the measured and modeled HRIRs. The results showed that the set of individual HRIRs in the median plane, which were measured in our lab using different measurement conditions, techniques, and source positions, can be modeled with reasonable accuracy. All subjects, involved in the subjective listening test, reported not only the accurate vertical perception but also the front-back discrimination with the modeled HRIRs based on 12 basis functions.

• Journal of Distribution Science
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• v.20 no.2
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• pp.1-9
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• 2022

Purpose: The online distribution channel has attracted the attention of retailers by potential impact on consumers' purchase intention. The objectives of this study are to provide an insight into how to encourage consumers' impulse buying behavior on commercial website as well as attempts to reveal factors that influence consumers' impulsive buying behavior in the online shopping environment. Research design, data and methodology: The research framework is based on the stimulus-organism-response (S-O-R) framework. The Meta-analysis method carried out the research, gathering data from 37 published studies. Results: The research findings suggest that intrinsic motivations such as perceived ease of use, perceived enjoyment, and online flow experience play a significant role in boosting consumers' hedonic value when buying and online. In addition, these findings help online retailers use appropriate marketing stimuli such as offering pricing incentives, promotion tactics, and improved communication effectiveness. Also, obtaining a better grasp of how to build a website to improve the consumer experience generally helps consumers feel the urge to buy impulsively and act without hesitation. Conclusions: This research confirms a direct positive relationship between marketing stimuli and hedonic shopping value, which may support an applied theoretical framework for future research and provide managerial implications for retailers in online distribution channels.

• Journal of the Korean Society for Railway
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• v.17 no.2
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• pp.100-105
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• 2014

To design a submerged floating railway that is safe against underwater explosions, railway behavior must be investigated and clarified. In this paper, shock waves and impulse pressures generated by a charge away from the submerged floating railway are expressed using experimental formulas. The submerged floating railway tethered by mooring lines is modeled as a simply supported beam with elastic springs. Finite element analysis for the beam model subjected to impulse loading is conducted so that the response of the submerged floating railway can be investigated. For design purposes, a simplified analysis method combined with dynamic load factor is proposed for the same model. Maximum deformation and internal forces are calculated and compared with the time dependent analysis results. It is shown that the simplified analysis results show good agreement.

• The Korean Journal of Health Service Management
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• v.10 no.1
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• pp.117-129
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• 2016

Objectives : This study investigated the prevalence of unmet health care needs among Korean adults and related factors. Methods : The study participants were adults over the age of 20 mental health experience from the Korea Health Panel in 2012(n=4,730). Statistical analysis methods used in this study were the ${\chi}^2$-test, Logistic Regression Analysis and other basic statistics such frequency-and percentage using SPSS version 22.0. Results : (1)Significant variables of stress: Factors were age, economic activity, subjective health status, and activity limitation. (2)Significant variables of depression: Factors were age, income class(low) and activity limitation. (3)Significant variables of suicidal impulse: Factors were age, chronic diseases, income class, and activity limitation. Conclusions : Stress, depression, and suicidal impulse can be unmet medical factors; therefore improvement measures and mental health counseling programs in response to suicide impulses, should be developed. Thus there is a need for a health sciences approach.

• Korean Journal of Remote Sensing
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• v.24 no.2
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• pp.99-106
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• 2008

A synthetic aperture radar (SAR) system is of great interest in many fields of civil and military applications because of all-weather and luminance free imaging capability. SAR image quality parameters such as spatial resolution, peak to sidelobe ratio (PSLR), and integrated sidelobe ratio (ISLR) can be normally estimated by modeling of impulse response function (IRF) which is obtained from various system design parameters such as altitude, operational frequency, PRF, etc. In modeling of IRF, however, background clutter environment surrounding the IRF is generally neglected. In this paper, analysis method for SAR mage quality is proposed in the real background clutter environment. First of all, SAR raw data of a point scatterer is generated based on various system parameters. Secondly, the generated raw data can be focused to ideal IRF by range Doppler algorithm (RDA). Finally, background clutter obtained from image of currently operating SAR system is applied to IRF. In addition, image quality is precisely analyzed by zooming and interpolation method for effective extraction of IRF, and then the effect of proposed methodology is presented with several simulation results under the assumption of estimation error of Doppler rate.

• Journal of the Korean Data Analysis Society
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• v.20 no.6
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• pp.2953-2966
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• 2018

Housing prices are closely related to various variables that indicate macroeconomic conditions. In this paper, empirical analysis based on data is performed referring to previous studies. Focusing on the policy interest rate among the factors affecting the housing price, the non-linear impulse responses of other variables to the interest rate shock are analyzed. Using the random forest algorithm, the variable importance scores of the macroeconomic variables presented in the previous studies are calculated. After selecting the variables through this process, the impulse responses are calculated using a model that can capture non-linearity. According to the model, the responses of housing prices to the policy rate is only significant when the rate is raised. Especially, the impulse response is amplified when the shock increases due to the non-linear characteristics that can not be captured by the traditional VAR methodology. The analysis results suggest that the interest rate as a policy instrument should be approached from a more cautious perspective.

• KDI Journal of Economic Policy
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• v.45 no.1
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• pp.69-86
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• 2023

Regulatory sentiment refers to the market's subjective evaluation of regulatory reform and is one of the most widely adopted indicators to those charged with implementing and diagnosing regulatory policies. The use of regulatory sentiment in advanced analysis has become universal, albeit it is often limited due to difficulties in articulating consistent and objective quantitative indicators that can meticulously reflect market sentiment overall. Thus, despite ample effort by scholars to read the economic impact of regulatory sentiment in the real economy, causal links are difficult to spot. To fill this gap in the literature, this study analyzes a regulatory sentiment index and economic performance indicators through a text analysis approach and by inspecting diverse tones in media articles. Using different stages of tests, the paper identifies a causal relationship between regulatory sentiment and actual economic activities as measured by private consumption, facility investment, construction investment, gross domestic investment, and employment. Additionally, as a result of analyzing one-unit impulse of regulatory perception, the initial impact on economic growth and private investment was found to be negligible; this was followed by a positive (+) response, after which it converged to zero. Construction investment showed a positive (+) response initially, which then rapidly changed to a negative (-) response and then converged to zero. Gross domestic investment as the initial effect was negligible after showing a positive (+) reaction. Unfortunately, the facility investment outcome was found to be insignificant in the impulse response test. Nevertheless, it can be concluded that it is necessary and important to increase the sensitivity to regulations to promote the economic effectiveness of regulatory reforms. Thus, instead of dealing with policies with the vague goal of merely improving regulatory sentiment, using regulatory sentiment as an indicator of major policies could be an effective approach.

• The Journal of the Acoustical Society of Korea
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• v.13 no.2E
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• pp.5-13
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• 1994

Simulation of the target-scattered echo requires the understanding of scattering mechanism at the highlight points. In this paper, the basic assumption of Highlight Model is reviewed through the analyzed data obtained in the acoustic water tank experiment. The analysis shows that the scattering mechanism involves pulse elongation and frequency shift as elements of target-scattered echo, and that the internal structures affect the temporal response of the target-scattered echo significantly. The band-limited impulse response or Green's function due to the diffraction from highlight points of internal structures is not mere delta function, but acts like a filter, which causes frequency shift and is elongated in time.