• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.653-663
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• 2021

There has been a massive increase in household debt in China, especially in the last five of years. Learning from past experiences, the country needs careful forecasting that may help to form new policies or make amendments to the existing ones. This research paper aims to highlight the impact of the monetary policy on household debt in China. The study covers the time period from 1996 to 2020 The study employs a cointegration test, Autoregressive Distributed Lag Bound Test (ARDL) approach, a Augmented Dicky Fuller (ADF) and PP test (PMG) and time series data. The findings suggest on a quantitative analysis using a time-series model in which gdp per capita and interest rate has a positive impact on household debt whereas, cpi doesn't have significant impact. In a short-term variables relationship, household debt responds more to an increase in income than in the long-term. Also, the impact of interest rate changes on household debt is lower than income in the short run.The research suggests that there should be some restrictions on household debt and consumer financing provided to citizens and for this, appropriate leverage measures should be taken in order for the central bank to sustain robust macroeconomic conditions.

• Korean Journal of Biological Psychiatry
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• v.25 no.3
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• pp.45-52
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• 2018

Objectives The objective of this study was to investigate the differences in sociodemographic and clinical characteristics, temperaments, and quality of life between panic disorder (PD) patients with and without major depressive disorder (PD+MDD and PD-MDD patients, respectively). Methods We compared 411 PD-MDD and 219 PD+MDD patients. All patients who were drug-free for at least 1 month were assessed at initial outpatient visits before the administration of medication. The following instruments were used for assessment: the NEO Personality Inventory-Neuroticism (NEO-N) ; the Temperament and Character Inventory-Harm Avoidance (TCI-HA) ; the State-Trait Anxiety Inventory (STAI) ; the Intolerance of Uncertainty Scale-Short (IUS); the Anxiety Sensitivity Index-Revised (ASI-R); the Beck Depression Inventory (BDI) ; the Beck Anxiety Inventory (BAI); the Penn State Worry Questionnaire (PSWQ) ; the Generalized Anxiety Disorder for 7 item (GAD-7) ; the Albany Panic and Phobia Questionnaire (APPQ) ; the Panic Disorder Severity Scale (PDSS) ; the Early Trauma Inventory Self Report-Short Form (ETISR-SF) ; the Scale for Suicidal Ideation (SSI) ; the World Health Organization Quality of Life Scale Abbreviated Version (WHOQOL-BREF) ; the Sheehan Disability Scale (SDS) ; and the Short Form health survey (SF-36). Results Compared to the PD-MDD patients, the PD+MDD patients were younger and more likely to be unmarried. They showed higher rates of unemployment, lower levels of education and income, younger age of onset, more previous suicide attempts, a greater incidence of agoraphobia, and more previous treatments. The PD+MDD patients showed significantly higher scores on the NEO-N, the TCI-HA, the STAI, the IUS, the ASI-R, the BDI, the BAI, the PSWQ, the GAD-7, the APPQ, the PDSS, the ETISR-SF, and the SSI. In addition, the PD+MDD patients showed significantly lower quality of life than did the PD-MDD patients. In contrast with previous studies, we observed no significant differences between the two groups in terms of gender, duration until treatment, and psychiatric comorbidities. Conclusions This study showed that the PD+MDD patients have more early trauma experiences, higher levels of anxiety-related temperaments, more severe panic and depressive symptoms, and lower quality of life than the PD-MDD patients.

• Journal of Gifted/Talented Education
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• v.20 no.3
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• pp.721-741
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• 2010

This study was to analyze verbal interactions between teachers and students after observations on teachers' questioning and feedback, students' response types and frequency analysis at middle-school class of average and gifted students. As for the verbal interaction between teachers and students of science class of general students, it was dominant for teachers to utilize questions for summarizing or guiding for textbook contents as they are. They were focused on immediate feedback in a restatement form. The students used simple responses like yes/no in general. The most high frequency of verbal interaction models expressed were in the order of cognitive-memory thinking question-short answer-immediate feedback. On the other hand, teachers of gifted students' science class threw divergent and evaluative thinking questions of open question, such as 'what's the reason?' or 'why is it?' Immediate feedback in explanatory form was mainly provided as well. The level of feedback delay was higher than general class and that of immediate feedback was lower than general class. The students preferred short words or a not-complicated sentence when they replied and their participation was more attentive and positive. Hence, The high frequency of verbal interaction models expressed were in order of cognitive-memory thinking questions－elaborative short answer－delayed feedback.

• Steel and Composite Structures
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• v.36 no.2
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• pp.187-196
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• 2020

Double skin composite wall system owns several structural merits in terms of high load-carrying capacity, large axial stiffness, and favorable ductility. A recently proposed form of truss connector was used to bond the steel plates to the concrete core to achieve good composite action. The structural behavior of rectangular high walls under compression and T-shaped high walls under eccentric compression has been investigated by the authors. Furthermore, the influences of the truss spacings, the wall width, and the faceplate thickness have been previously studied by the authors on short walls under uniform compression. This paper experimentally investigated the effect of width-to-thickness ratio on the compressive behavior of short walls. Compressive tests were conducted on three short specimens with different width-to-thickness ratios. Based on the test results, it is found that the composite wall shows high compressive resistance and good ductility. The walls fail by local buckling of steel plates and crushing of concrete core. It is also observed that width-to-thickness ratio has great influence on the compressive resistance, initial stiffness, and strain distribution across the section. Finally, the test results are compared with the predictions by modern codes.

• Smart Structures and Systems
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• v.22 no.3
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• pp.341-358
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• 2018

This present study investigates Love-type wave propagation in composite structure consists of a loosely bonded functionally graded piezoelectric material (FGPM) stratum lying over a functionally graded initially-stressed fibre-reinforced material (FGIFM) substrate. The closed-form expressions of the dispersion relation have been obtained analytically for both the cases of electrically open and electrically short conditions. Some special cases of the problem have also been studied and the obtained results are found in well-agreement with the classical Love wave equation. The emphatic influence of wave number, bonding parameter associated with bonding of stratum with substrate of the composite structure, piezoelectric coefficient as well as dielectric constant of the piezoelectric stratum, horizontal initial stresses, and functional gradedness of the composite structure on the phase velocity of Love-type wave has been reported and illustrated through numerical computation along with graphical demonstration in both the cases of electrically open and electrically short condition for the reinforced and reinforced-free composite structure. Comparative study has been carried out to analyze the distinct cases associated with functional gradedness of the composite structure and also various cases which reveals the influence of piezoelectricity, reinforcement and horizontal initial stress acting in the composite structure, and bonding of the stratum and substrate of the composite structure in context of the present problem which serves as one of the major highlights of the study.

• Journal of the Korean Operations Research and Management Science Society
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• v.39 no.4
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• pp.33-49
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• 2014

This study empirically examines the impact of firms' environmental (E), social (S), and governancial (G) factors on their short-term and long-term values. To measure firms' non-financial performance, we use ESG performance grades published by KCGS (Korea Corporate Governance Service). We employ stock log return as the proxy of each firm's short-term value, and Tobin's Q ratio as that of its long-term value. From a series of regression analyses, we find each of the ESG factors generally has a negative impact on stock return while it has a positive impact on the Tobin's Q ratio. These results imply that firms' effort for enhancing their non-financial performance may adversely affect their financial performance in a short term; but in the long-term point of view, firms' values increase through their good images engraved by their respective social, environmental and governancial efforts. In addition, we compare the relative strength of impact among E, S, G, the three non-financial factors on the firms' value measured in Tobin's Q ratio, and find that S (social factor) and G (governancial factor) give statistically significant impact on the firms' value respectively. This result tells us it would be advised to strategically embed CSV (creating shared value) pursuing both of profits and social responsibility in the firms' future agenda. While E (environmental factor) is shown to be an insignificant factor for the firms' value, it should be emphasized as a major concern by all the stakeholders in order to form a sound business ecosystem.

• Journal of Environmental Policy
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• v.11 no.4
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• pp.107-130
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• 2012

Economic analysis of climate change in the Korean peninsula has been conducted in the four major river basins. Although climate change impacts can vary in many terms, typically flood damages from the increase of precipitation and drought from rainless, this research only focused on effects of altering precipitation due to the lack of information and depth-damage functional form in Korea. This research also considered a gamma function of 5 % failure to deal with uncertainty issues in water resources. For the detailed analysis, time different discount rates have been used for short, mid, and long period, viz., 2.76%, 1.45%, and 0.62%, respectively. Over all effects of climate change on four major riverbasins can be summarized as no short period damage except the Han river basin. In the Han river basin, rapid increases of residential water use lead short term water shortage.

• Journal of the Korean Institute of Intelligent Systems
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• v.14 no.2
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• pp.130-135
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• 2004

This paper presents a new design methods of the short-term load forecasting system (STLFS) using the data mining. The structure of the proposed STLFS is divided into two parts: the Takagi-Sugeno (T-S) fuzzy model-based classifier and predictor The proposed classifier is composed of the Gaussian fuzzy sets in the premise part and the linearized Bayesian classifier in the consequent part. The related parameters of the classifier are easily obtained from the statistic information of the training set. The proposed predictor takes form of the convex combination of the linear time series predictors for each inputs. The problem of estimating the consequent parameters is formulated by the convex optimization problem, which is to minimize the norm distance between the real load and the output of the linear time series estimator. The problem of estimating the premise parameters is to find the parameter value minimizing the error between the real load and the overall output. Finally, to show the feasibility of the proposed method, this paper provides the short-term load forecasting example.

• Fire Science and Engineering
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• v.22 no.2
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• pp.91-96
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• 2008

This research studied about the cause analysis of fire that was occurred in far infrared rays heater to base on the fire examples. Fire of electric heater was apt to commit error that handled an over-heating accident by judged molten mark in heat ray. Molten mark which was attached in heat ray was appeared to the form of layer short circuit by other metal material, but other metal material was not found beside the ingredient of heat wire which was mixed to an alloy of Fe-Cr-Al according to result of ingredient distribution by SEM/EDX. Also, the result of overheating experiment by layer short circuit and overvoltage showed higher febrility than normal, but there was no possibility of fire occurrence. This paper will be contributed to science for cause analysis of electric fire through analyzing physical, chemical and flame features of burnout heater on the basis of diagnosis of fire that was happened in infrared rays heater.

• Architectural research
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• v.20 no.3
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• pp.83-92
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• 2018

Recently, there has been inter-Korean exchanges are active, in company with an assertive international activity with North Korea and inter-Korean Summits. Thus, there is a growing possibility of Korean reunification. However, when the unification situation occurs, population inflow by North Korean residents will be expected, and it will be necessary to prepare a housing supply strategy. In addition, even if North Koreans are prevented from entering, a plan is necessary to ensure structural safety since most buildings in North Korea are aging and a recent natural disaster occurs frequently. In this research, we will try to present a temporary housing supply strategy and a short-term structural reinforcement plan based on analysis of the standard housing conditions in North Korea. In this research, we represent the analysis result of the existing construction level, supply status and structural performance of North Korea. When we consider the reinforcement period and social costs, a short-term reinforcement plan is recommended rather than the full reinforcement of the aged housing in North Korea. Furthermore, we examine the ways to secure the residential safety of North Koreans through a case study of domestic and overseas temporary residential facilities, until the permanent residential facilities were supplied. According to the analysis, the tent houses were used as a form of relief housing in overseas frequently. However, the tent house is difficult to apply for domestic country with clear seasons due to insulation and heating problems. Therefore, it is appropriate to develop a residential supply strategy as focusing on the temporary housing facilities in assembled or container from, in preparation for the future population inflow.