• Title/Summary/Keyword: over-expectation

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Predicting Economic Activity via the Yield Spread: Literature Survey and Empirical Evidence in Korea (이자율 스프레드의 경기 예측력: 문헌 서베이 및 한국의 사례 분석)

  • Yun, Jaeho
    • Economic Analysis
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    • v.26 no.3
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    • pp.1-47
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    • 2020
  • This paper surveys research since the 1990s on the ability of the yield spread and its components (i.e., expectation spread and term premium components) for future economic activity, and also conducts an empirical analysis of their forecasting ability using the yield data of Korean government bonds. This paper's survey, particularly for the US, shows that the yield spread has significant predictive power for some macroeconomic variables, but since the mid-1980s, its predictive power seems to have declined, possibly due to stronger inflation targeting. Next, this paper's empirical analysis using Korean data indicates that the yield spread, and the term premium component in particular, has significant predictive power for industrial production (IP) growth, consumer price index growth, and the IP gap. An out-of-sample analysis shows that the prediction equations are unstable over time, and that in predicting IP growth, the yield spread decomposition makes a significant contribution to the prediction of IP growth.

Mothers' Adjustments in Raising Children with Down Syndrome (다운증후군 자녀를 둔 어머니의 적응)

  • Kim, Mi Young
    • Journal of Korean Clinical Nursing Research
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    • v.14 no.2
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    • pp.19-29
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    • 2008
  • Purpose: The purpose of this study was to explore mothers' adjustments in raising children with Down syndrome and to develop a grounded theory about their adjustments. Method: Three mothers from each group of children in the ages below 7 years, 8-13 years, 14-19 years, and over 20 years participated in the study. Data were collected through an in-depth interview from twelve participants having a child with Down syndrome. Then it was analyzed simultaneously using the grounded theory method. Results: 'Adjustment of mother's expectation according to child's status' was emerged as a core category. The adjustment process was categorized into five stages: shocking, embracing, doing one's best with passion, lowering anticipation, and accepting another living. Conclusion: Being the mother of a child with Down syndrome is not considered to be a negative experience. There are positive experiences along with some more negative ones. Nurses working with families that include children with Down syndrome need to be aware of the obstacles the families will face and should advise necessary support.

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Factors Influencing Internet Addiction Tendency among Middle School Students in Gyeong-buk Area

  • Oh, Won-Oak
    • Journal of Korean Academy of Nursing
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    • v.33 no.8
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    • pp.1135-1144
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    • 2003
  • Purpose. This study was conducted to understand the degree of internet addiction tendency and to find out the factors influencing this addiction tendency among middle school students in Gyeong-buk area. Methods. A total of 450 middle school students in the Daegu and Gyeong-buk area were surveyed in this study. Data collection was conducted through the use of questionnaires. Results. Internet addiction among middle school students was relatively low (Average user). In the overall ratio distribution, however, students who were classified as either addicted or at risk of addiction accounted for a high percentage, 27%. A positive correlation was found between Internet addiction and Internet expectation, depression and parent control over Internet use. A negative correlation was found between Internet addiction and interpersonal relationship, parent support and self-control. Multiple regression analysis revealed that the most powerful predictor of Internet addiction tendency was depression. Conclusion. Through the above results, it would be necessary to develop an Internet addiction prevention program for adolescents taking into account for the psychological factors such as depression and Internet use habits. In the future study, the need assessment will be useful for developing this prevention program.

Comparing the Impact of IT Investment on Firm Performance in the United States and China

  • Lee, Sang-Ho;Xiang, Jun-Yong;Kim, Jae-Kyeong
    • 한국경영정보학회:학술대회논문집
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    • 2007.06a
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    • pp.409-414
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    • 2007
  • Over the past three decades, the impact of IT investments on firm performance has been the subject Q{active research. Although many studies have shown positive and significant benefits derived from IT investment, the findings of almost all these studies are based on data collected in developed countries. This study tries to investigate the effects of IT investment on firm financial performance in the Chinese electronics industry, a typical developing country, and compare it with the United States. Findings show that there is a positive impact of IT investment on firm performance in China. Moreover, the impact in China is not different from what occurred in the United States in the direction and the size against the assertion of previous studies and expectation.

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Analysis of the Magnetizing Characteristics on Anisotropic Permanent Magnet (이방성영구자석의 착자특성 해석)

  • Lee, Hyang-Beom;Hahn, Song-Yop;Hong, Jung-Pyo;Choi, Hong-Soon
    • Proceedings of the KIEE Conference
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    • 1991.07a
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    • pp.118-121
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    • 1991
  • The characteristics of magnetizing system considering the anisotropy and the nonlinearity are analyrized using PEM in This paper. The case of magnetizing the ferrite magnet with 12 poles is analyrized. The anisotropy characteristic is considered when ferrite magnet which is widely used as permanent magnet is magnetized. The Nonlinear characteristic of magnetizing yoke aid ferrite is considered because the current is in the saturation region. When the magnetizing current value is over the optimum value, the magnet is magnetized with 24 poles. This is not the case of our expectation. Thus, for the case of our expected magnetizing form, it is the conclusion that the optimum magnetizing current value is selected.

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The Analysis of the M/M/1 Queue with Impatient Customers

  • Lee, EuiYong;Lim, Kyung Eun
    • Communications for Statistical Applications and Methods
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    • v.7 no.2
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    • pp.489-497
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    • 2000
  • The M/M/1 queue with impatient customers is studied. Impatient customers wait for service only for limited time K/0 and leave the system if their services do not start during that time. Notice that in the analysis of virtual waiting time, the impatient customer can be considered as the customer who enters the system only when his/her waiting time does not exceed K. In this paper, we apply martingale methods to the virtual waiting time and obtain the expected period from origin to the point where the virtual waiting time crosses over K or reaches 0, and the variance of this period. With this results, we obtain the expected busy period of the queue, the distribution, expectation and variance of the number of times the virtual waiting time exceeding level K during a busy period, and the probability of there being no impatient customers in a busy period.

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Women's Actual Experiences of Dan Jeon Breathing after a Cancer Operation (암 수술한 여성의 삶을 통한 단전호흡 경험)

  • Kim, Kyung-Won
    • Women's Health Nursing
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    • v.14 no.2
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    • pp.114-123
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    • 2008
  • Purpose: This study aimed to explore women's actual experiences of Dan Jeon Breathing after a cancer operation with a view to gaining a deeper understanding of their individual experiences and the meaning that it holds for them. Methods: A phenomenological approach was used for this study. Data were collected using in-depth interviews. Study participants were 8 women aged $32{\sim}53$ years who have were practicing Dan Jeon Breathing over the 3 months after cancer operation. The method proposed by Colaizzi (1978) was used to guide the process of data analysis. Results: Themes which emerged from the data were: 'feeling of self-confidence', 'positive acceptance', 'expectation', and 'enervation'. Conclusions: This study provides us with an understanding on the practice and the process of Dan Jeon Breathing for cancer women to overcome cancer Therefore, women who have had an operation for cancer can pursue Dan Jeon Breathing as a nursing intervention.

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Influence of Irrational Beliefs on Teacher Burnout (비합리적 신념이 교사 소진에 미치는 영향)

  • Lee, Hee-yeong;Jung, Min-Sang
    • Journal of Fisheries and Marine Sciences Education
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    • v.19 no.3
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    • pp.467-477
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    • 2007
  • The purpose of this study was to investigate the influence of irrational beliefs on teacher burnout. Four-hundred twenty-two school teachers participated in this study. Maslach Burnout Inventory and Irrational Belief Test were used to collect data. Collected data were analyzed using stepwise multiple regression. Irrational beliefs significantly predicted teacher burnout. High self-expectation, helplessness, problem avoidance, anxious over-concern and frustration reactivity were significant predictors of teacher burnout. Influence of irrational beliefs on teacher burnout differed according to stages of teacher development and school grade of teacher. The implications of this study on education and counseling for teacher were discussed. Finally future research questions were recommended with the limitations of this study.

Effects of Paddle Wheel on Water Circulation in Shrimp Culture Ponds (축제식 대하양식장에서 수차의 순환기능)

  • 강윤호
    • Journal of Aquaculture
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    • v.14 no.1
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    • pp.43-50
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    • 2001
  • To study the effect of paddle wheel on water circulation, velocity components were measured in shrimp ponds both along the longitudinal direction from a single paddle wheel and at 25 grid points of two ponds, which have mean water depth of 1.2m and aspect ratio (length/width) 1.05 and 0.68, respectively. An analysis of factors related to water quality and circulation showed that I) a single paddle wheel has an effective distance of 33m for de-stratification, 16m for particulate suspension and 25m for removal of organic material, dispersion of DO and prevention of bed sediment disturbance and ii) with doubling the number of paddle wheels at the pond corners, the flow speed increased by 13% over the ponds, while it reduced by 8.5% around the pond centres. Contrary to expectation, increasing the number of paddle wheel did not generate strong circulation around the pond centre and improve water quality.

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A study on die method of organic light emission diod's current accelerated life test (유기발광 다이오드의 전류 가속 수명 평가법에 대한 연구)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2009.10a
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    • pp.234-240
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    • 2009
  • The growing mobile products market is expected energy efficiency. So product design is more important focusing on reducing power consumption than improving technology of color sense. A Organic light emission diode is in limelight of the best display to satisfy market expectation. A Organic light emission diode is achieved low power consumption, pixel response which was fast for its time, high contrast of brightness and wide color reproduction raio. Therefore there is a fierce competition for the organic light emission diode development between a country and another country over business. The technical value's life is short because of a fierce development competition, and there is little probability that technical success become business success. In this study, the purpose is reduce the time for life test by accelerated current and it can do production possible design by accelerated life model in design phase.

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