pair_id
string
label
int64
pair_type
string
pair_subtype
string
a_doc_id
string
a_snippet_id
int64
a_text_type
string
a_text
string
b_doc_id
string
b_snippet_id
int64
b_text_type
string
b_text
string
a_metadata
unknown
b_metadata
unknown
pos-15000
1
positive
translation_chunk_internal
6929
0
translation_chunk
During the period of 2011 to 2014, following the financial crisis, there was a short-term contractionary
6929
2
translation_chunk
seems to reflect the economic downturn both domestically and internationally after the financial crisis.
{}
{}
pos-15001
1
positive
translation_chunk_internal
6929
1
translation_chunk
response in industrial production and prices due to the impact of the U.S. accommodative monetary policy, which
6929
2
translation_chunk
seems to reflect the economic downturn both domestically and internationally after the financial crisis.
{}
{}
pos-15002
1
positive
sentence_chunk_internal
6930
0
sentence_chunk
금융위기 직전인 2008년에는 미국 통화 정책 충격에 대한 국내 반응이 미미하였으나,
6930
1
sentence_chunk
금융위기 이후 장단기금리의 반응도가 점차 확대되는 모습을 보인 것이다.
{}
{}
pos-15003
1
positive
sentence_translation
6930
null
sentence
금융위기 직전인 2008년에는 미국 통화 정책 충격에 대한 국내 반응이 미미하였으나, 금융위기 이후 장단기금리의 반응도가 점차 확대되는 모습을 보인 것이다.
6930
null
translation
In 2008, prior to the financial crisis, the domestic response to the impact of the US monetary policy was minimal, but it can be observed that the response of short- and long-term interest rates has gradually increased after the financial crisis.
{}
{}
pos-15004
1
positive
translation_chunk_internal
6930
0
translation_chunk
In 2008, prior to the financial crisis, the domestic response to the impact of the US monetary policy was minimal, but it
6930
1
translation_chunk
can be observed that the response of short- and long-term interest rates has gradually increased after the financial crisis.
{}
{}
pos-15005
1
positive
sentence_translation
6931
null
sentence
이는 Rudebusch 등이 지적한 바와 같이 모형내 식별된 충격과 모형외 정보에서 추출할 수 있는 충격과 상당한 괴리를 보일 수 있다.
6931
null
translation
As Rudebusch and others pointed out, this can show a significant gap between the impact identified in the model and the impact that can be extracted from non-model information.
{}
{}
pos-15006
1
positive
translation_chunk_internal
6931
0
translation_chunk
As Rudebusch and others pointed out, this can show a significant gap between the impact
6931
1
translation_chunk
identified in the model and the impact that can be extracted from non-model information.
{}
{}
pos-15007
1
positive
sentence_translation
6932
null
sentence
이는 글로벌 요인에 따른 정책환경 변화에 대응책 마련과 통화⋅외환⋅거시건전성 정책 정책간 최적의 조합 마련과도 긴밀히 연계되어 있기 때문이다.
6932
null
translation
This is because it is closely linked to preparing countermeasures against changes in the policy environment due to global factors and preparing an optimal combination of monetary, foreign exchange, and macroprudential policies.
{}
{}
pos-15008
1
positive
translation_chunk_internal
6932
0
translation_chunk
This is because it is closely linked to preparing countermeasures against changes in the policy environment due to
6932
1
translation_chunk
global factors and preparing an optimal combination of monetary, foreign exchange, and macroprudential policies.
{}
{}
pos-15009
1
positive
sentence_chunk_internal
6933
0
sentence_chunk
특히 미국과 우리나라 통화정책 충격의 식별을 위해 고빈도 자료를 이용하는 외부도구식별법 을 적용하였으며, 이
6933
1
sentence_chunk
과정에서 이자율 기간구조모형을 통해 산출 한 통화정책 변동을 통화정책 충격에 대한 도구변수로 활용하 였다.
{}
{}
pos-15010
1
positive
sentence_translation
6933
null
sentence
특히 미국과 우리나라 통화정책 충격의 식별을 위해 고빈도 자료를 이용하는 외부도구식별법 을 적용하였으며, 이 과정에서 이자율 기간구조모형을 통해 산출 한 통화정책 변동을 통화정책 충격에 대한 도구변수로 활용하 였다.
6933
null
translation
In particular, an external tool identification method using high frequency data was applied to identify monetary policy shocks in the United States and Korea, and monetary policy changes calculated through the interest rate term structure model were used as instrumental variables for monetary policy shocks in the proce...
{}
{}
pos-15011
1
positive
translation_chunk_internal
6933
0
translation_chunk
In particular, an external tool identification method using high frequency data was applied to identify
6933
1
translation_chunk
monetary policy shocks in the United States and Korea, and monetary policy changes calculated through the interest
{}
{}
pos-15012
1
positive
translation_chunk_internal
6933
0
translation_chunk
In particular, an external tool identification method using high frequency data was applied to identify
6933
2
translation_chunk
rate term structure model were used as instrumental variables for monetary policy shocks in the process.
{}
{}
pos-15013
1
positive
translation_chunk_internal
6933
1
translation_chunk
monetary policy shocks in the United States and Korea, and monetary policy changes calculated through the interest
6933
2
translation_chunk
rate term structure model were used as instrumental variables for monetary policy shocks in the process.
{}
{}
pos-15014
1
positive
sentence_chunk_internal
6934
0
sentence_chunk
2008년 1월부터 2015년 12월까지 미국의 실효정책금리가 0과 1/4 퍼센트 사이를
6934
1
sentence_chunk
유지하자 이자율의 기간 구조를 형성하고 통화정책 스탠스를 반영하기 위해 섀도우 금리가 개발되었다.
{}
{}
pos-15015
1
positive
sentence_translation
6934
null
sentence
2008년 1월부터 2015년 12월까지 미국의 실효정책금리가 0과 1/4 퍼센트 사이를 유지하자 이자율의 기간 구조를 형성하고 통화정책 스탠스를 반영하기 위해 섀도우 금리가 개발되었다.
6934
null
translation
Shadow interest rates were developed to form a term structure of interest rates and reflect the monetary policy stance, during the period from January 2008 to December 2015, when the effective policy rate of the United States remained between 0 and 1/4%.
{}
{}
pos-15016
1
positive
translation_chunk_internal
6934
0
translation_chunk
Shadow interest rates were developed to form a term structure of interest rates and reflect the monetary policy stance, during
6934
1
translation_chunk
the period from January 2008 to December 2015, when the effective policy rate of the United States remained between 0 and 1/4%.
{}
{}
pos-15017
1
positive
sentence_chunk_internal
6935
0
sentence_chunk
금융위기 이후 기간에 대해 미국 섀도우 금리에 대한 국내금융불안지수의 충격반응함수를 분석한 결과 유의성은 다소
6935
1
sentence_chunk
감소하지만 위와 유사하게 즉각적으로는 국내금융불안지수를 높이지만 1분기 이후 금융불안이 다시 회복되는 것으로 나타난다.
{}
{}
pos-15018
1
positive
sentence_translation
6935
null
sentence
금융위기 이후 기간에 대해 미국 섀도우 금리에 대한 국내금융불안지수의 충격반응함수를 분석한 결과 유의성은 다소 감소하지만 위와 유사하게 즉각적으로는 국내금융불안지수를 높이지만 1분기 이후 금융불안이 다시 회복되는 것으로 나타난다.
6935
null
translation
The analysis of the impact response function of the domestic financial instability index for the US shadow interest rate during the post-financial crisis period shows that although the significance decreases slightly, it is evident that the domestic financial instability index increases immediately, but financial insta...
{}
{}
pos-15019
1
positive
translation_chunk_internal
6935
0
translation_chunk
The analysis of the impact response function of the domestic financial instability index for the US shadow interest rate
6935
1
translation_chunk
during the post-financial crisis period shows that although the significance decreases slightly, it is evident that the
{}
{}
pos-15020
1
positive
translation_chunk_internal
6935
0
translation_chunk
The analysis of the impact response function of the domestic financial instability index for the US shadow interest rate
6935
2
translation_chunk
domestic financial instability index increases immediately, but financial instability recovers again after the first quarter.
{}
{}
pos-15021
1
positive
translation_chunk_internal
6935
1
translation_chunk
during the post-financial crisis period shows that although the significance decreases slightly, it is evident that the
6935
2
translation_chunk
domestic financial instability index increases immediately, but financial instability recovers again after the first quarter.
{}
{}
pos-15022
1
positive
sentence_translation
6936
null
sentence
이 결과는 미국의 실효정책금리 대신 섀도우 금리에 대해서도 일관성있게 나타난다.
6936
null
translation
This result consistently reflects shadow interest rates rather than effective policy rates in the United States.
{}
{}
pos-15023
1
positive
sentence_chunk_internal
6937
0
sentence_chunk
기타 본고의 실증 분석기간은 우리나라의 통화정책 레짐 등을 감안하여 물가 안정목표제 도입 이후인
6937
1
sentence_chunk
2000.1월∼2018.12월로 설정하였고, 모형의 차수는 AIC 등 정보기준을 참조하여 2개월로 설정하였다.
{}
{}
pos-15024
1
positive
sentence_translation
6937
null
sentence
기타 본고의 실증 분석기간은 우리나라의 통화정책 레짐 등을 감안하여 물가 안정목표제 도입 이후인 2000.1월∼2018.12월로 설정하였고, 모형의 차수는 AIC 등 정보기준을 참조하여 2개월로 설정하였다.
6937
null
translation
Furthermore, the empirical analysis period of this study was set from January 2000 to December 2018, taking into account the regime of Korea's monetary policy and the introduction of the price stabilization target system, and the order of the model was determined as 2 months based on information standards such as AIC.
{}
{}
pos-15025
1
positive
translation_chunk_internal
6937
0
translation_chunk
Furthermore, the empirical analysis period of this study was set from January 2000 to December 2018, taking into account the regime of Korea's monetary policy
6937
1
translation_chunk
and the introduction of the price stabilization target system, and the order of the model was determined as 2 months based on information standards such as AIC.
{}
{}
pos-15026
1
positive
sentence_translation
6938
null
sentence
외부도구식별법을 적용하기 위해서는 식별하고자하는 충격에 대한 적절한 외생정보, 즉 도구변수를 구하는 것이 중요하다.
6938
null
translation
To apply the external tool identification method, it is crucial to acquire the relevant exogenous information, specifically the tool variables, for the impact that needs to be identified.
{}
{}
pos-15027
1
positive
translation_chunk_internal
6938
0
translation_chunk
To apply the external tool identification method, it is crucial to acquire the relevant exogenous
6938
1
translation_chunk
information, specifically the tool variables, for the impact that needs to be identified.
{}
{}
pos-15028
1
positive
sentence_chunk_internal
6939
0
sentence_chunk
이를 구체적으로 살펴보기 위해 다음 식와 같이 축약형 모형의 잔차와 외생충격 간의 관계를
6939
1
sentence_chunk
분석대상이 되는 충격과 관련된 부분 및 관련되지 않은 부분으로 구분하여 고려할 필요가 있다.
{}
{}
pos-15029
1
positive
sentence_translation
6939
null
sentence
이를 구체적으로 살펴보기 위해 다음 식와 같이 축약형 모형의 잔차와 외생충격 간의 관계를 분석대상이 되는 충격과 관련된 부분 및 관련되지 않은 부분으로 구분하여 고려할 필요가 있다.
6939
null
translation
To analyze this in detail, it is necessary to consider the relationship between the residual and exogenous shock of the abbreviated model by dividing it into parts that are related and not related to the shock being analyzed, as shown in the following equation.
{}
{}
pos-15030
1
positive
translation_chunk_internal
6939
0
translation_chunk
To analyze this in detail, it is necessary to consider the relationship between the residual and exogenous shock of the abbreviated
6939
1
translation_chunk
model by dividing it into parts that are related and not related to the shock being analyzed, as shown in the following equation.
{}
{}
pos-15031
1
positive
sentence_translation
6940
null
sentence
다음과 같은 영향을 가 져올 것으로 예 상된다.
6940
null
translation
It is expected to have the following impacts:
{}
{}
pos-15032
1
positive
sentence_translation
6941
null
sentence
(3) *, **, *** 는 각각 10%, 5%, 1%의 통계적 유의성을 의미함.
6941
null
translation
(3) *, **, *** indicate statistical significance of 10%, 5%, and 1%, respectively.
{}
{}
pos-15033
1
positive
sentence_translation
6942
null
sentence
발행되기 때문에 통화량에는 영향을 주지 않 는다.
6942
null
translation
Since it is issued, it does not affect the currency supply.
{}
{}
pos-15034
1
positive
sentence_translation
6943
null
sentence
원화 정기예금 금리는 은행권의 평균금리를 사용하였으나 미달러화 거주자 외화예금의 금리자료는 은행권 전체에 대하여 구할 수가 없다.
6943
null
translation
Although the average interest rate of the KRW fixed deposit was used in the banking sector, interest rate data on residents' foreign currency deposits in USD cannot be obtained for the entire banking sector.
{}
{}
pos-15035
1
positive
translation_chunk_internal
6943
0
translation_chunk
Although the average interest rate of the KRW fixed deposit was used in the banking sector, interest rate
6943
1
translation_chunk
data on residents' foreign currency deposits in USD cannot be obtained for the entire banking sector.
{}
{}
pos-15036
1
positive
sentence_translation
6944
null
sentence
차선책으로 시계열 자료를 유일하게 집계⋅공개하고 있는 KEB하나은행의 거주자 미달러화 외화예금 금리자 료를 이용하였다.
6944
null
translation
As the next best option, KEB Hana Bank's undollarized foreign currency deposit interest rate data for residents, which is the only one that aggregates and discloses time series data, was used.
{}
{}
pos-15037
1
positive
translation_chunk_internal
6944
0
translation_chunk
As the next best option, KEB Hana Bank's undollarized foreign currency deposit interest rate data
6944
1
translation_chunk
for residents, which is the only one that aggregates and discloses time series data, was used.
{}
{}
pos-15038
1
positive
sentence_translation
6945
null
sentence
본 고에서는 중앙은행 디지털 화폐가 무엇 인지 그리고 어떤 형태가 가 능 한 지를 살펴 보 본 고의 구성은 다음과 같다.
6945
null
translation
In this paper, we examine what central bank digital currency (CBDC) is and what forms it may take, and the structure of the paper is as follows.
{}
{}
pos-15039
1
positive
sentence_translation
6946
null
sentence
실제 경상수지가 개선되기까지는 상당한 시차가 존재하는 것으로 알려져 있다.
6946
null
translation
It is known that there is a considerable time difference before the actual current account is improved.
{}
{}
pos-15040
1
positive
sentence_translation
6947
null
sentence
유위험 이자율평가설에 따르면 이론적으로 내외 금리차와 환율 간에는 밀접한 관계가 있다.
6947
null
translation
According to the risk interest rate evaluation theory, there is a close relationship between the internal and external interest rate differences and the exchange rate.
{}
{}
pos-15041
1
positive
translation_chunk_internal
6947
0
translation_chunk
According to the risk interest rate evaluation theory, there is a close relationship
6947
1
translation_chunk
between the internal and external interest rate differences and the exchange rate.
{}
{}
pos-15042
1
positive
sentence_translation
6948
null
sentence
파생금융상품투자의 경우 규모가 크지 않고 일부 국가 의 데이터 누락으로 분석대상에서 제외하였다.
6948
null
translation
In the case of derivative financial product investment, it was excluded from the analysis because of the omission of data from some countries.
{}
{}
pos-15043
1
positive
sentence_chunk_internal
6949
0
sentence_chunk
관계형분석 집적된 정보에서 보험금 지급 데이터에서 운전자 등 자동차 사고의 관련자
6949
1
sentence_chunk
간에 관계패턴을 분석하여 공모형 보험사기에 해당하는 혐의조직을 추출하는 기법이다.
{}
{}
pos-15044
1
positive
sentence_translation
6949
null
sentence
관계형분석 집적된 정보에서 보험금 지급 데이터에서 운전자 등 자동차 사고의 관련자 간에 관계패턴을 분석하여 공모형 보험사기에 해당하는 혐의조직을 추출하는 기법이다.
6949
null
translation
Relationship Analysis is a technique that analyzes the relationship patterns between individuals involved in automobile accidents, such as drivers, in insurance payment data from integrated information, in order to identify suspected organizations involved in collective insurance fraud.
{}
{}
pos-15045
1
positive
translation_chunk_internal
6949
0
translation_chunk
Relationship Analysis is a technique that analyzes the relationship patterns between individuals involved in automobile accidents, such as drivers,
6949
1
translation_chunk
in insurance payment data from integrated information, in order to identify suspected organizations involved in collective insurance fraud.
{}
{}
pos-15046
1
positive
sentence_translation
6950
null
sentence
국내 보험범죄 대응 제도 현황 보험사기 상시감시시스템 국내 보험범죄적발시스템으로 고도화된 조사 인프라를 활용한 적발기법이다.
6950
null
translation
The current status of the domestic insurance crime response system includes the use of an advanced investigation infrastructure with a domestic insurance crime detection system, which is a detection technique utilizing a sophisticated investigation infrastructure.
{}
{}
pos-15047
1
positive
translation_chunk_internal
6950
0
translation_chunk
The current status of the domestic insurance crime response system includes the use of an advanced investigation infrastructure with
6950
1
translation_chunk
a domestic insurance crime detection system, which is a detection technique utilizing a sophisticated investigation infrastructure.
{}
{}
pos-15048
1
positive
sentence_translation
6951
null
sentence
날로 조직적이고 지능적으로 진화하는 공모형 보험사기에 효율적으로 대응 할 수 있다.
6951
null
translation
Efficiently addressing the evolving and intelligent nature of organized insurance fraud is possible.
{}
{}
pos-15049
1
positive
sentence_chunk_internal
6952
0
sentence_chunk
분석기능을 강화하기 위하여 IFAS 내에 빅데이터 분석을 통한 공모형
6952
1
sentence_chunk
보험사기 혐의조직을 추출 하여 조사할 수 있는 관계형분석 기법을 도입하였다.
{}
{}
pos-15050
1
positive
sentence_translation
6952
null
sentence
분석기능을 강화하기 위하여 IFAS 내에 빅데이터 분석을 통한 공모형 보험사기 혐의조직을 추출 하여 조사할 수 있는 관계형분석 기법을 도입하였다.
6952
null
translation
To enhance the analysis function, a relational analysis technique has been implemented in IFAS to extract and investigate suspected organized insurance fraud through big data analysis.
{}
{}
pos-15051
1
positive
translation_chunk_internal
6952
0
translation_chunk
To enhance the analysis function, a relational analysis technique has been implemented in
6952
1
translation_chunk
IFAS to extract and investigate suspected organized insurance fraud through big data analysis.
{}
{}
pos-15052
1
positive
sentence_translation
6953
null
sentence
실증분석 결과를 종합해 보면 외환보유액과 직접투자 자산이 일정 수준 이상인 경우 환 율 및 주가 변동성이 완화되는 것으로 나타났다.
6953
null
translation
Summarizing the results of the empirical analysis, it was found that exchange rates and stock price volatility ease when foreign exchange reserves and direct investment assets are above a certain level.
{}
{}
pos-15053
1
positive
translation_chunk_internal
6953
0
translation_chunk
Summarizing the results of the empirical analysis, it was found that exchange rates and stock price
6953
1
translation_chunk
volatility ease when foreign exchange reserves and direct investment assets are above a certain level.
{}
{}
pos-15054
1
positive
sentence_chunk_internal
6954
0
sentence_chunk
위험추구 행태에 직접적 영향을 받게 되는 외국인 포트폴리오투자 자산 규모가 경쟁국에
6954
1
sentence_chunk
비해 지나치게 높은 점을 감안하여 이에 대한 모니터링을 강화할 필요가 있겠다.
{}
{}
pos-15055
1
positive
sentence_translation
6954
null
sentence
위험추구 행태에 직접적 영향을 받게 되는 외국인 포트폴리오투자 자산 규모가 경쟁국에 비해 지나치게 높은 점을 감안하여 이에 대한 모니터링을 강화할 필요가 있겠다.
6954
null
translation
Given that the size of foreign portfolio investment assets, which are directly affected by risk-seeking behavior, is too high compared to competitors, it is necessary to strengthen monitoring.
{}
{}
pos-15056
1
positive
translation_chunk_internal
6954
0
translation_chunk
Given that the size of foreign portfolio investment assets, which are directly affected by
6954
1
translation_chunk
risk-seeking behavior, is too high compared to competitors, it is necessary to strengthen monitoring.
{}
{}
pos-15057
1
positive
sentence_translation
6955
null
sentence
특히 외국인 포트 폴리오투자 자산 증가는 환율 및 주가 변동성 확대에 유의한 정의 영향을 미치는 것으 로 분석되었다.
6955
null
translation
In particular, it was analyzed that the increase in foreign portfolio investment assets had a significant positive effect on the expansion of exchange rates and stock price volatility.
{}
{}
pos-15058
1
positive
translation_chunk_internal
6955
0
translation_chunk
In particular, it was analyzed that the increase in foreign portfolio investment assets had
6955
1
translation_chunk
a significant positive effect on the expansion of exchange rates and stock price volatility.
{}
{}
pos-15059
1
positive
sentence_translation
6956
null
sentence
중앙은행 디지털 화폐의 이해 - 해외의 주요 논의내용 및 시사점
6956
null
translation
Understanding Central Bank Digital Currency - Key Overseas Discussions and Implications
{}
{}
pos-15060
1
positive
sentence_translation
6957
null
sentence
본고에서는 이해의 편의를 위해 일부 항목에 대해서는 공식명칭과 달리 표기하였다.
6957
null
translation
In this paper, for convenience of understanding, some items are marked differently from the official name.
{}
{}
pos-15061
1
positive
sentence_translation
6958
null
sentence
아래는 우리나 라의 2017년 관련 통계를 기준으로 대차대조표 양식으로 재구성한 표이다.
6958
null
translation
Below is a table reconstructed into a balance sheet form based on Korea's 2017 related statistics.
{}
{}
pos-15062
1
positive
sentence_translation
6959
null
sentence
파생금융상품투자의 경우 국가별로 규모가 대체로 크지 않고 해당 항목의 통계가 집계되지 않는 국가들이 많은 관계로 생략하였다.
6959
null
translation
In the case of investment in derivative financial products, it was omitted because the size of each country is generally not large, and there are many countries where statistics on the relevant item are not compiled.
{}
{}
pos-15063
1
positive
translation_chunk_internal
6959
0
translation_chunk
In the case of investment in derivative financial products, it was omitted because the size of each country
6959
1
translation_chunk
is generally not large, and there are many countries where statistics on the relevant item are not compiled.
{}
{}
pos-15064
1
positive
sentence_chunk_internal
6960
0
sentence_chunk
장의 태는 외환위기 이후 한국의 외환보 유액 급증요인은 경상수지 흑 자 및 외국인 증 권투
6960
1
sentence_chunk
자자금 유입인데, 이러한 외화유동성 유 입이 국내유동성 확대를 유발하였다고 주장하였다.
{}
{}
pos-15065
1
positive
sentence_translation
6960
null
sentence
장의 태는 외환위기 이후 한국의 외환보 유액 급증요인은 경상수지 흑 자 및 외국인 증 권투 자자금 유입인데, 이러한 외화유동성 유 입이 국내유동성 확대를 유발하였다고 주장하였다.
6960
null
translation
Jang Ui-tae argued that the reason for the surge in foreign exchange reserves in Korea after the financial crisis was the current account surplus and the inflow of foreign certificate boxers' funds, and this inflow of foreign currency liquidity caused the expansion of domestic liquidity.
{}
{}
pos-15066
1
positive
translation_chunk_internal
6960
0
translation_chunk
Jang Ui-tae argued that the reason for the surge in foreign exchange reserves in Korea after the financial crisis was the current account surplus
6960
1
translation_chunk
and the inflow of foreign certificate boxers' funds, and this inflow of foreign currency liquidity caused the expansion of domestic liquidity.
{}
{}
pos-15067
1
positive
sentence_translation
6961
null
sentence
증가로 늘어난 유동성이 대부분 중화된 데 따른 것으로 추정하고 있다.
6961
null
translation
It is estimated that most of the liquidity increased by the increase has been neutralized.
{}
{}
pos-15068
1
positive
sentence_chunk_internal
6962
0
sentence_chunk
한편, IMF는 외환보유액의 축적 이 글로벌 유동성 확대의 주요인이며,
6962
1
sentence_chunk
이러한 유동성 확대가 물가상승으로 이어지는 메커 니즘의 존재를 확인하였다.
{}
{}
pos-15069
1
positive
sentence_translation
6962
null
sentence
한편, IMF는 외환보유액의 축적 이 글로벌 유동성 확대의 주요인이며, 이러한 유동성 확대가 물가상승으로 이어지는 메커 니즘의 존재를 확인하였다.
6962
null
translation
Meanwhile, the IMF confirmed that the accumulation of foreign exchange reserves is a major factor in the expansion of global liquidity and such liquidity expansion leads to inflation.
{}
{}
pos-15070
1
positive
translation_chunk_internal
6962
0
translation_chunk
Meanwhile, the IMF confirmed that the accumulation of foreign exchange reserves is a major
6962
1
translation_chunk
factor in the expansion of global liquidity and such liquidity expansion leads to inflation.
{}
{}
pos-15071
1
positive
sentence_chunk_internal
6963
0
sentence_chunk
외환보유액 <표 1>을 보면 자국 통화가치 절하 및 미 금리인상 등에 의해 나타나는 환율
6963
1
sentence_chunk
변동성 확 2 대외 자산 및 부채 간의 차이 변화는 경상수지 와 평가손익효과로 구성된다.
{}
{}
pos-15072
1
positive
sentence_translation
6963
null
sentence
외환보유액 <표 1>을 보면 자국 통화가치 절하 및 미 금리인상 등에 의해 나타나는 환율 변동성 확 2 대외 자산 및 부채 간의 차이 변화는 경상수지 와 평가손익효과로 구성된다.
6963
null
translation
According to <Table 1> of foreign exchange reserves, changes in differences between assets and liabilities, other than increasing exchange rate volatility caused by the depreciation of the local currency and the increase in US interest rates, consist of current account and valuation gains and losses.
{}
{}
pos-15073
1
positive
translation_chunk_internal
6963
0
translation_chunk
According to <Table 1> of foreign exchange reserves, changes in differences between assets and liabilities, other than increasing exchange rate volatility
6963
1
translation_chunk
caused by the depreciation of the local currency and the increase in US interest rates, consist of current account and valuation gains and losses.
{}
{}
pos-15074
1
positive
sentence_translation
6964
null
sentence
이는 패널평활전이모형을 활용하여 비선형적 관계를 분석하는 것이 적합하다는 것을 의미 한다.
6964
null
translation
This means that it is appropriate to analyze the nonlinear relationship using the panel smooth transition model.
{}
{}
pos-15075
1
positive
sentence_translation
6965
null
sentence
추가적 으로 포함된 는 p 기간에서 국가 i의 위험분담에 영향을 줄 수 있는 그 밖의 요인들로 이루어진 벡터이다.
6965
null
translation
Additionally included is a vector composed of other factors that may affect the risk sharing of the country i in the period p.
{}
{}
pos-15076
1
positive
sentence_translation
6966
null
sentence
항상소득의 변화가 포함되지 는 OLS추정치의 결과와 크게 달라지지 않아 보고하지는 않았다.
6966
null
translation
It was not reported because the results of the OLS estimate, which always includes changes in income, were not significantly different.
{}
{}
pos-15077
1
positive
sentence_translation
6967
null
sentence
본 연구 실증분석의 전체 표본기간은 글로벌 금융위기 기간을 포함하고 있다.
6967
null
translation
The entire sample period of this study's empirical analysis includes the period of the global financial crisis, which is a part of the analysis.
{}
{}
pos-15078
1
positive
sentence_chunk_internal
6968
0
sentence_chunk
종속변수로 사용한 추정결과를 제시한 <표 2>에 의하면 원/달러 환율 변동성
6968
1
sentence_chunk
변수의 계수가 양의 값으로 추정되었으나 통계적 유의성이 낮은 것으로 나타났다.
{}
{}
pos-15079
1
positive
sentence_translation
6968
null
sentence
종속변수로 사용한 추정결과를 제시한 <표 2>에 의하면 원/달러 환율 변동성 변수의 계수가 양의 값으로 추정되었으나 통계적 유의성이 낮은 것으로 나타났다.
6968
null
translation
According to <Table 2>, which presented the estimation results used as the dependent variable, it was found that the coefficient of the KRW/USD exchange rate volatility variable was estimated to be positive, but the statistical significance was low.
{}
{}
pos-15080
1
positive
translation_chunk_internal
6968
0
translation_chunk
According to <Table 2>, which presented the estimation results used as the dependent variable, it was found that the coefficient
6968
1
translation_chunk
of the KRW/USD exchange rate volatility variable was estimated to be positive, but the statistical significance was low.
{}
{}
pos-15081
1
positive
sentence_translation
6969
null
sentence
중앙은행 디지털 화폐 발행을 검토 중에 있다.
6969
null
translation
The central bank is currently reviewing the issuance of digital currency.
{}
{}
pos-15082
1
positive
sentence_translation
6970
null
sentence
기간별로 반응의 정도와 반응시점에 다소 차이가 있으나 대체로 앞서, 등에서 살펴본 형태로 반응하는 모습을 관찰할 수 있었다.
6970
null
translation
Although the degree and timing of the reaction differ slightly from period to period, it was possible to observe the reaction in the form discussed above.
{}
{}
pos-15083
1
positive
sentence_translation
6971
null
sentence
또 한 가지 특징적인 점은 Taper Tantrum 직전의 충격반응이 대체로 다른 기간들에 비해 크게 나타났다는 점 이다.
6971
null
translation
Another characteristic is that the impact response just before the taper tantrum was generally larger than in other periods.
{}
{}
pos-15084
1
positive
sentence_translation
6972
null
sentence
이에 대해서는 향후 추가 연구를 통해 원인을 확인해 볼 필요가 있을 것이다.
6972
null
translation
In this regard, it will be necessary to confirm the cause through further research in the future.
{}
{}
pos-15085
1
positive
sentence_chunk_internal
6973
0
sentence_chunk
실증분석을 위해 우리나라를 포함한 국가 패널 데이터를 수집 하고, 대외포지션이 일정 수준 이상 누적될
6973
1
sentence_chunk
경우 환율 및 주가 변동성에 어떤 비대칭적 영향을 미치는지 패널평활전이모형을 이 용하여 분석하였다.
{}
{}
pos-15086
1
positive
sentence_translation
6973
null
sentence
실증분석을 위해 우리나라를 포함한 국가 패널 데이터를 수집 하고, 대외포지션이 일정 수준 이상 누적될 경우 환율 및 주가 변동성에 어떤 비대칭적 영향을 미치는지 패널평활전이모형을 이 용하여 분석하였다.
6973
null
translation
For empirical analysis, national panel data, including Korea, were collected, and the panel smoothing transition model was used to analyze how asymmetrically the external position accumulates above a certain level on exchange rates and stock price volatility.
{}
{}
pos-15087
1
positive
translation_chunk_internal
6973
0
translation_chunk
For empirical analysis, national panel data, including Korea, were collected, and the panel smoothing transition model was used to
6973
1
translation_chunk
analyze how asymmetrically the external position accumulates above a certain level on exchange rates and stock price volatility.
{}
{}
pos-15088
1
positive
sentence_translation
6974
null
sentence
외환보유액과 직접투자 자산이 일정 수준 이상 축적될 경우 외환⋅주식시장 변동성 완화에 유의한 영향을 미치는 것으로 분석되었다.
6974
null
translation
It was analyzed that the accumulation of foreign exchange reserves and direct investment assets above a certain level had a significant effect on easing volatility in the foreign exchange and stock markets.
{}
{}
pos-15089
1
positive
translation_chunk_internal
6974
0
translation_chunk
It was analyzed that the accumulation of foreign exchange reserves and direct investment assets above a
6974
1
translation_chunk
certain level had a significant effect on easing volatility in the foreign exchange and stock markets.
{}
{}
pos-15090
1
positive
sentence_chunk_internal
6975
0
sentence_chunk
특히 우리나라는 금융위기 이후 대규모 경상수 지 흑자 지속으로 대외부문에
6975
1
sentence_chunk
적지 않은 구조적 변화가 나타나고 있는 만큼 이에 대한 연구가 절실한 상황이다.
{}
{}
pos-15091
1
positive
sentence_translation
6975
null
sentence
특히 우리나라는 금융위기 이후 대규모 경상수 지 흑자 지속으로 대외부문에 적지 않은 구조적 변화가 나타나고 있는 만큼 이에 대한 연구가 절실한 상황이다.
6975
null
translation
In particular, research on this is urgently needed as Korea has seen significant structural changes in the external sector because of the continued large-scale current account surplus since the financial crisis.
{}
{}
pos-15092
1
positive
translation_chunk_internal
6975
0
translation_chunk
In particular, research on this is urgently needed as Korea has seen significant structural changes in the
6975
1
translation_chunk
external sector because of the continued large-scale current account surplus since the financial crisis.
{}
{}
pos-15093
1
positive
sentence_translation
6976
null
sentence
우리나라에서 는 환율 반응이 외부 충격을 흡수하는 방향으로 작용하고 있다고 해석할 수 있다.
6976
null
translation
In Korea, it can be interpreted that the exchange rate reaction is acting in the direction of absorbing external shocks.
{}
{}
pos-15094
1
positive
sentence_translation
6977
null
sentence
장단기금리 및 신용 스프레드 하 락 폭도 기본모형 추정 결과에 비해 확대되는 모습을 보였다.
6977
null
translation
The decline in short- and long-term interest rates and credit spread also showed an increase compared to the basic model estimation results.
{}
{}
pos-15095
1
positive
sentence_chunk_internal
6978
0
sentence_chunk
즉, 기본모형에서 통화정책 충격 발생시 환율의 충격반응은 없 다는 제약 하에서 각 내생변수들의
6978
1
sentence_chunk
반응을의 실제 반응과 비교하 여 환율 변동이 여타 변수들의 반응에 미치는 영향을 확인하였다.
{}
{}
pos-15096
1
positive
sentence_translation
6978
null
sentence
즉, 기본모형에서 통화정책 충격 발생시 환율의 충격반응은 없 다는 제약 하에서 각 내생변수들의 반응을의 실제 반응과 비교하 여 환율 변동이 여타 변수들의 반응에 미치는 영향을 확인하였다.
6978
null
translation
In other words, under the constraints that there is no shock response of the exchange rate when a monetary policy shock occurs in the basic model, the effect of exchange rate fluctuations on the response of other variables was confirmed by comparing the response of each endogenous variable with the actual response of t...
{}
{}
pos-15097
1
positive
translation_chunk_internal
6978
0
translation_chunk
In other words, under the constraints that there is no shock response of the exchange rate when a monetary
6978
1
translation_chunk
policy shock occurs in the basic model, the effect of exchange rate fluctuations on the response of other
{}
{}
pos-15098
1
positive
translation_chunk_internal
6978
0
translation_chunk
In other words, under the constraints that there is no shock response of the exchange rate when a monetary
6978
2
translation_chunk
variables was confirmed by comparing the response of each endogenous variable with the actual response of the.
{}
{}
pos-15099
1
positive
translation_chunk_internal
6978
1
translation_chunk
policy shock occurs in the basic model, the effect of exchange rate fluctuations on the response of other
6978
2
translation_chunk
variables was confirmed by comparing the response of each endogenous variable with the actual response of the.
{}
{}