• 한국전산유체공학회:학술대회논문집
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• 2010.05a
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• pp.86-92
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• 2010

A metal diaphragm compressor has been widely used for supplying a high pressures gas. This compressor mainly consists of gas oil space and metal diaphragm. Gas sucked in the gas space is compressed by an oscillating metal diaphragm existed between the gas and oil space. A non-return discharge and suction check-valve are components of the compressor that draw off the compressed oil and gas. Those components are self-actuated by differential pressures. Therefore, the rapid response and stable operating conditions are required. In the present study, to find out the dynamic behavior of the suction, discharge valve and diaphragm compressor, the unsteady flow field has been investigated numerically by using the unsteady two-way FSI (Fluid Structure Interaction) simulation method, $k-{\omega}$ turbulent model and mesh deformation.

• The Korean Journal of Financial Management
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• v.26 no.4
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• pp.103-140
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• 2009

This paper investigates various channels through which liquidity can affect stock returns and examines whether behavioral explanation for liquidity risk is reasonable. First, we examine whether liquidity level (average liquidity) plays a significant role in determining asset returns. The result is consistent with the hypothesis that a stock with higher average illiquidity will have a higher expected return. Second, we focus on the argument that liquidity has a non-diversifiable systematic component. If systemic liquidity has a different impact across individual securities, a stock that is more sensitive to systematic liquidity will have a higher expected return. The results of various tests are inconsistent with each other, not completely supporting the argument. Finally, the intra-market tests in Korea support the behavioral explanation for the liquidity premium, and the effect is stronger in the liquidity level than in the liquidity beta related to systematic liquidity.

• Journal of Biosystems Engineering
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• v.16 no.1
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• pp.18-26
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• 1991

This study was undertaken to investigate the ratio and compositions of tailings of the tailings return unit in the commercially available head-feed combines. The ratio of the returned tailings to the sum of the threshed grain and the returned tailings was 2.3~7.2% for various varieties of rice and operational conditions of combines tested and increased as the feeding rate and the cleaning air volume increased. The analysis of the returned tailings showed that the composition of rubbish and short straw was decreased as the feeding rate and the cleaning air volume increased.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2014.10a
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• pp.708-710
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• 2014

최근 금융 분야에서는 빅 데이터를 이용하여 주가예측 모형을 만들어내고 있으며, 특히 금융 시계열 자료의 변동성 집중 현상을 금융 빅 데이터를 이용하여 분석함으로써 세계 주식시장의 동조화 현상을 분석하고 있다. 본 논문에서는 한국과 중국의 일별 주가지수수익률과 일중 주가지수수익률을 이용하여 이들 2개 국가의 대표적인 주가지수 시계열 데이터에 변동성 집중 현상이 존재하는지를 보다 세밀하게 추적하여 양국 주식시장의 동조화 현상을 분석한다. 분석 결과, 한국의 KOSPI와 중국의 Shanghai 종합주가지수의 지수수익률 시계열 자료는 단위근이 존재하지 않으며, 변동성 집중 현상을 보이는 것으로 나타났다. 또한 한국보다는 중국 주식시장의 변동성 집중현상이 보다 강하게 나타나며, 이러한 현상은 일중 주가지수수익률 시계열 자료에서 보다 두드러지게 나타났다.

• Management & Information Systems Review
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• v.31 no.4
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• pp.593-609
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• 2012

This study is designed to investigate whether the information spillover effect is existed between the foreign investors' unexpected volatility of net purchasing intensity and the volatilities of returns in terms of daily closing stock return, overnight return, and daytime return, before and after financial crisis in Korea. The result of this study shows that there is negative information spillover effect between the foreign investors' unexpected volatility of net purchasing intensity and the volatility of daily closing stock return for time t-1. However, there is an opposite result for time t, showing positive information transmission effect. For the overnight return, the test result provides there is no statistical significance between the foreign investor's unexpected volatility of net purchasing intensity and the volatilities of return. In addition, I found that the information transmission effect is existed between the foreign investor's unexpected volatility of net purchasing intensity and the volatilities of the daytime return for the entire timeline.

• The Korean Journal of Financial Management
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• v.22 no.2
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• pp.135-164
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• 2005

We analyze trade and balance records of 10,000 stock investment accounts of individual investors for the period of 1998 to 2003. Individual investors em an annual gross return of 12.3% while the KOSPI and the value weighted composite including KOSDAQ stocks yield 13.6% and 9.7% respectively during the same period. Net return performance is 8.3%, a drop of 5.3% mainly due to heavy trading. Individual investors' annual turnover amounts to over 270 percent. In an analysis of groups formed on the month's end position value, the performance of the top quintile is found comparable to the market while the rest yield significantly lower risk-adjusted returns than the market. We also find evidence rejecting the rational expectation model while supporting the overconfidence hypothesis which states overconfidence leads to a higher level of trading, resulting in poor performance. Individuals tilt their stock investment toward high-beta, small, and value stocks.

• Journal of Biosystems Engineering
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• v.16 no.2
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• pp.133-141
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• 1991

This study was undertaken to investigate the structural and configurational characteristics of the tailings return-unit in the commercially available head-feed combines and to study the aero-dynamical behavior of the tailings in the units. The mathematical model of the motion of tailings in the thrower casing was developed and the simulated trajectories for different type of units was analyzed to compare with the measured ones. The air-stream velocity profile in various locations along the tailings returning duct was measured to find the effect of configurational characteristics and blade tip speed. The results of the study are summerized as follows. 1. The ejecting angle, which is the angle between the direction of the particle velocity ejecting from the blade and the horizontal axis, was found to be about $66^{\circ}$ in both the simulation and experiment. The angle was much greater than the setting angle of actual duct of the combines studied, which were $48{\sim}56^{\circ}$. By comparison of these results, it was suggested to change duct setting angle so as to reduce the frictional force, between the duct wall and tailings, by reducing the difference between the ejecting and setting angles. 2. The velocity of the air stream in the duct was in general higher in the upper bound of the duct compared to the lower and decreased as the stream went toward the end of duct. The comparison of the tailings units among the combines studied showed a superior performance with the tapered duct having small diameter in the outlet and with greater number of thrower blade.

• Journal of Korean Association for Spatial Structures
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• v.18 no.3
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• pp.45-55
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• 2018

The arched stone bridge has been continuously deteriorated and damaged by the weathering and corrosion over time, and also natural disaster such as earthquake has added the damage. However, masonry stone bridge has the behavior characteristics as discontinuum structure and is very vulnerable to lateral load such as earthquake. So, it is necessary to analyze the dynamic behavior characteristics according to various design variables of arched stone bridge under seismic loads. To this end, the arched stone bridge can be classified according to arch types, and then the discrete element method is applied for the structural modelling and analysis. In addition, seismic loads according to return periods are generated and the dynamic analysis considering the discontinuity characteristics is carried out. Finally, the dynamic behavior characteristics are evaluated through the structural safety estimation for slip condition.

• Journal of the Korean Mathematical Society
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• v.42 no.4
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• pp.827-845
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• 2005

In this paper, we present a general method for the stability analysis of some bursting models. Our method is geometric in the sense that we consider a flow-defined return map defined on a section and determine when the map is a contraction. We find that there are three different stability types in the codimension-1 planar bursters.

• The Korean Journal of Financial Management
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• v.27 no.2
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• pp.145-167
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• 2010

We investigate the dynamic relationship between stock returns and investors' behavior. For the putpose of the paper, daily KOSPI returns are decomposed into two parts: overnight returns and daytime returns. Overnight return is measured by the closing price of the previous day and the opening price of the current day. And daytime return is measured by the opening and closing prices of the current day. Qvernight returns are assumed to reflect global economic information, and daytime returns, domestic or local information. Major results are as follows: Foreign investors' behavior has an effect on the overnight returns more than the daytime returns. Individual investors' behavior, however, has little effect on the overnight returns, but not the daytime returns. Consequently, forecast error variance decomposition shows that the variance explanation power of foreign investors is higher in overnight returns rather than in the daytime returns. And the variance explanation power of individual investors is higher in daytime returns rather than in overnight returns. It implies that foreign investors employ dynamic hedging strategies and give more weight to global economic information rather than to domestic information. We conclude that investment behavior of foreign investors and domestic individuals is based on different economic information. This paper's findings are consistent with the economic situation that the Korean capital markets have faced since the global financial crisis of August 2008.