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-6200
1
positive
translation_chunk_internal
2839
0
translation_chunk
This means that concerns over the global economic recession are having a direct harmful effect on
2839
1
translation_chunk
the financial market of Korea, a small open economy, through changes in overseas financial markets.
{}
{}
pos-6201
1
positive
sentence_translation
2840
null
sentence
제 Ⅱ장에서는 SVI를 이용한 기존 연구들을 살펴보고 본 연구와의 차이점을 논한다.
2840
null
translation
Chapter Ⅱ examines existing studies using SVI and discusses the difference from this study.
{}
{}
pos-6202
1
positive
sentence_chunk_internal
2841
0
sentence_chunk
태국은 3개 선행지표를 사용한 경우와 3개 선행지표를 국내외 실질금리차와 외환
2841
1
sentence_chunk
보유액의 3개 선행지표를 사용한 경우의 예측력 차이가 없는 것으로 나타났다.
{}
{}
pos-6203
1
positive
sentence_translation
2841
null
sentence
태국은 3개 선행지표를 사용한 경우와 3개 선행지표를 국내외 실질금리차와 외환 보유액의 3개 선행지표를 사용한 경우의 예측력 차이가 없는 것으로 나타났다.
2841
null
translation
For Thailand, there was no difference in forecasting power between the use of three leading indicators and the use of three leading indicators of domestic and foreign real interest rate differences and three leading indicators of foreign exchange reserves.
{}
{}
pos-6204
1
positive
translation_chunk_internal
2841
0
translation_chunk
For Thailand, there was no difference in forecasting power between the use of three leading indicators and the use of three leading
2841
1
translation_chunk
indicators of domestic and foreign real interest rate differences and three leading indicators of foreign exchange reserves.
{}
{}
pos-6205
1
positive
sentence_translation
2842
null
sentence
합동성 검정 없이 패널자료를 이용하면 국가 간 이질성에도 불구하고 동일계수를 부여함으로써 왜곡된 결과를 얻을 수 있다.
2842
null
translation
If panel data are used without the poolability test, distorted results can be obtained by giving the same coefficient despite heterogeneity between countries.
{}
{}
pos-6206
1
positive
sentence_translation
2843
null
sentence
합동성 검정이 기각되는 경우 지역모형과 개별국가모형의 예측력을 2차 확률점수과 반응특성곡선면적으로 비교하였다.
2843
null
translation
When the poolability test was rejected, the forecasting power of the regional model and the individual national model was compared with the secondary probability score and the response characteristic curve area.
{}
{}
pos-6207
1
positive
translation_chunk_internal
2843
0
translation_chunk
When the poolability test was rejected, the forecasting power of the regional model and the individual
2843
1
translation_chunk
national model was compared with the secondary probability score and the response characteristic curve area.
{}
{}
pos-6208
1
positive
sentence_translation
2844
null
sentence
\분산을 설명하는 비율은 유로와 미국의 경우 각각 6.1%와 5.8%로 상대적으로 높게 나타났다.
2844
null
translation
\The ratio explaining the dispersion appeared relatively high at 6.1% and 5.8% in the Euro and the United States, respectively.
{}
{}
pos-6209
1
positive
sentence_translation
2845
null
sentence
분산을 설명하는 비율은 유로와 미국의 경우 각각 6.1%와 5.8%로 상대적으로 높게 나타났다.
2845
null
translation
The ratio explaining the dispersion appeared relatively high at 6.1% and 5.8% in the Euro and the United States, respectively.
{}
{}
pos-6210
1
positive
sentence_chunk_internal
2846
0
sentence_chunk
위기예측이 임의적이라면 위기신호와 위기발생간의 관계도 임의적이므로 적중확률과
2846
1
sentence_chunk
오경보확률은 1/2로 같게 되고, ROC 곡선은 원점을 지나는 45도 직선이 된다.
{}
{}
pos-6211
1
positive
sentence_translation
2846
null
sentence
위기예측이 임의적이라면 위기신호와 위기발생간의 관계도 임의적이므로 적중확률과 오경보확률은 1/2로 같게 되고, ROC 곡선은 원점을 지나는 45도 직선이 된다.
2846
null
translation
If the crisis prediction is arbitrary, the relationship between the crisis signal and crisisoccurrence is also arbitrary, so the probability of hit and false alarm becomes the same as 1/2, and the ROC curve becomes a straight line of 45 degrees passing through the origin.
{}
{}
pos-6212
1
positive
translation_chunk_internal
2846
0
translation_chunk
If the crisis prediction is arbitrary, the relationship between the crisis signal and crisisoccurrence is also arbitrary, so the probability
2846
1
translation_chunk
of hit and false alarm becomes the same as 1/2, and the ROC curve becomes a straight line of 45 degrees passing through the origin.
{}
{}
pos-6213
1
positive
sentence_translation
2847
null
sentence
일반적으로 ROC 곡선은 <Figure 1>의 45도 직선 보다 위쪽에 위치해야 하며,점에 가까울수록 예측성과가 양호하다.
2847
null
translation
In general, the ROC curve should be located above the 45-degree straight line in <Figure 1>. The closer to the point it is, the better the prediction performance is.
{}
{}
pos-6214
1
positive
translation_chunk_internal
2847
0
translation_chunk
In general, the ROC curve should be located above the 45-degree straight line in
2847
1
translation_chunk
<Figure 1>. The closer to the point it is, the better the prediction performance is.
{}
{}
pos-6215
1
positive
sentence_chunk_internal
2848
0
sentence_chunk
한편 <Table 5>에서는 동아시아 5개국 간 추정계수의 부호가 유의
2848
1
sentence_chunk
하게 다른 M2/외환보유액 지표를 제외하고 합동성 검증을 한 결과를 보였다.
{}
{}
pos-6216
1
positive
sentence_translation
2848
null
sentence
한편 <Table 5>에서는 동아시아 5개국 간 추정계수의 부호가 유의 하게 다른 M2/외환보유액 지표를 제외하고 합동성 검증을 한 결과를 보였다.
2848
null
translation
Meanwhile, in <Table 5>, the results of the poolability test were shown excluding the M2/foreign exchange reserves index, whose sign of the estimation coefficient between the five East Asian countries was significantly different.
{}
{}
pos-6217
1
positive
translation_chunk_internal
2848
0
translation_chunk
Meanwhile, in <Table 5>, the results of the poolability test were shown excluding the M2/foreign exchange reserves
2848
1
translation_chunk
index, whose sign of the estimation coefficient between the five East Asian countries was significantly different.
{}
{}
pos-6218
1
positive
sentence_translation
2849
null
sentence
원/달러환율은 2004년부터 2009년에 엔/달러환율에 대한 강한 역동조화 현상이 확인된다.
2849
null
translation
The KRW/USD exchange rate shows a strong dynamic coordination with the JPY/USD exchange rate from 2004 to 2009.
{}
{}
pos-6219
1
positive
sentence_chunk_internal
2850
0
sentence_chunk
추가적으로 글로벌 금융변수가 원/달러환율에 미치는 영향이 대미환율 간
2850
1
sentence_chunk
영향보다 크며, 한국 외환시장의 소규모 개방경제 특성을 확인할 수 있었다.
{}
{}
pos-6220
1
positive
sentence_translation
2850
null
sentence
추가적으로 글로벌 금융변수가 원/달러환율에 미치는 영향이 대미환율 간 영향보다 크며, 한국 외환시장의 소규모 개방경제 특성을 확인할 수 있었다.
2850
null
translation
Furthermore, the impact of global financial variables on the KRW/USD exchange rate was greater than that of the US exchange rate. We could verify the characteristics of a small open economy in the Korean foreign exchange market.
{}
{}
pos-6221
1
positive
translation_chunk_internal
2850
0
translation_chunk
Furthermore, the impact of global financial variables on the KRW/USD exchange rate was greater than that of the US
2850
1
translation_chunk
exchange rate. We could verify the characteristics of a small open economy in the Korean foreign exchange market.
{}
{}
pos-6222
1
positive
sentence_translation
2851
null
sentence
아래의 <Table 3>은 인플레이션의 시변적 추세항을 생성하기 위한 방정식과 모수들을 정리해 놓은 것이다.
2851
null
translation
<Table 3> below summarizes the equations and parameters to generate the time-varying trend term of inflation.
{}
{}
pos-6223
1
positive
sentence_translation
2852
null
sentence
특히 대부분의 모수 에서 글로벌 금융위기 당시 혹은 전후로 모수의 움직임이 많이 달라졌는데 불안정성이 더욱 커진 모습이다.
2852
null
translation
In particular, most parameters have changed a lot during or before and after the global financial crisis, it means that the instability has increased.
{}
{}
pos-6224
1
positive
sentence_chunk_internal
2853
0
sentence_chunk
즉 콜금리, 코스피, 원/달러환율 등 국내 금융변수들의 경우 아시아의 충격이 이들
2853
1
sentence_chunk
변화율들의 분산을 설명하는 비율이 다른 어느 충격보다 크고 유의적임을 알 수 있다.
{}
{}
pos-6225
1
positive
sentence_translation
2853
null
sentence
즉 콜금리, 코스피, 원/달러환율 등 국내 금융변수들의 경우 아시아의 충격이 이들 변화율들의 분산을 설명하는 비율이 다른 어느 충격보다 크고 유의적임을 알 수 있다.
2853
null
translation
In other words, it can be observed that the impact of Asia explains the dispersion of these domestic financial variables, such as the call rate, KOSPI, and the KRW/USD exchange rate, at a greater and more significant rate than any other impact.
{}
{}
pos-6226
1
positive
translation_chunk_internal
2853
0
translation_chunk
In other words, it can be observed that the impact of Asia explains the dispersion of these domestic financial variables,
2853
1
translation_chunk
such as the call rate, KOSPI, and the KRW/USD exchange rate, at a greater and more significant rate than any other impact.
{}
{}
pos-6227
1
positive
sentence_translation
2854
null
sentence
5개국을 합하여 추정하면 24개국에 대해서 추정한 결과와 비슷하나 각국별로 추정하면 추정계수가 크게 다르다.
2854
null
translation
The estimated results for the 5 countries combined are similar to the estimated results for 24 countries, although the estimation coefficients vary significantly for each individual country.
{}
{}
pos-6228
1
positive
translation_chunk_internal
2854
0
translation_chunk
The estimated results for the 5 countries combined are similar to the estimated results for 24
2854
1
translation_chunk
countries, although the estimation coefficients vary significantly for each individual country.
{}
{}
pos-6229
1
positive
sentence_chunk_internal
2855
0
sentence_chunk
선행지표의 변화와 동아시아 적정클러스터 국가 간에 다르기 때문일 것이므로 추정계수의 부호가
2855
1
sentence_chunk
유의하게 다르게 나오는 M2/외환보유액 변수를 제외하고 합동성 검증을 해 보기로 한다.
{}
{}
pos-6230
1
positive
sentence_translation
2855
null
sentence
선행지표의 변화와 동아시아 적정클러스터 국가 간에 다르기 때문일 것이므로 추정계수의 부호가 유의하게 다르게 나오는 M2/외환보유액 변수를 제외하고 합동성 검증을 해 보기로 한다.
2855
null
translation
Due to the potential variation in leading indicators and the differences among East Asian cluster countries, we have decided to conduct a joint verification, excluding the M2/foreign exchange reserves variable, which exhibits significantly different signs in the estimation coefficient.
{}
{}
pos-6231
1
positive
translation_chunk_internal
2855
0
translation_chunk
Due to the potential variation in leading indicators and the differences among East Asian cluster countries, we have decided to conduct a joint
2855
1
translation_chunk
verification, excluding the M2/foreign exchange reserves variable, which exhibits significantly different signs in the estimation coefficient.
{}
{}
pos-6232
1
positive
sentence_translation
2856
null
sentence
이와 같이 각국별 상이한 추정계수가 <Table 3>의 합동성 검정 기각의 원인이 되고 있는 것으로 보인다.
2856
null
translation
It appears that the varying estimation coefficients for each country are causing the rejection of the congruence test in <Table 3>.
{}
{}
pos-6233
1
positive
sentence_translation
2857
null
sentence
즉 풀링이 어려운 변수를 제외해도 χ2 검정의 P값이 0이어서 풀링이 어려운 것은 마찬가지이다.
2857
null
translation
In other words, even if we exclude variables that are difficult to pool, it remains the same that pooling is difficult because the P value of the χ2 test is 0.
{}
{}
pos-6234
1
positive
sentence_translation
2858
null
sentence
단위근 검정 먼저 적절한 추정모형을 선택과 사용 변수를 결정하기 위해 단위근 검정을 실시 한다.
2858
null
translation
To select an appropriate estimation model and determine the variables to be used, a unit root test is conducted first.
{}
{}
pos-6235
1
positive
sentence_translation
2859
null
sentence
만약 VIX 지수의 값이 15라면 향후 30일 동안 가격의 변동성을 15%로 예측한다는 것을 의미한다.
2859
null
translation
If the value of the VIX index is 15, it indicates that the price volatility is expected to be 15% over the next 30 days.
{}
{}
pos-6236
1
positive
sentence_chunk_internal
2860
0
sentence_chunk
수도권의 인구비중은 2002년 이후 증가한 반 면에, GRDP 비중은 감소하여
2860
1
sentence_chunk
2004년에는 1960년대 이래 처음으로 인구비중보다 낮아 지고 있다.
{}
{}
pos-6237
1
positive
sentence_translation
2860
null
sentence
수도권의 인구비중은 2002년 이후 증가한 반 면에, GRDP 비중은 감소하여 2004년에는 1960년대 이래 처음으로 인구비중보다 낮아 지고 있다.
2860
null
translation
The portion of the population in the metropolitan area has increased since 2002, and that of GRDP has decreased, and in 2004, for the first time since the 1960s, it is lower than the portion of the population.
{}
{}
pos-6238
1
positive
translation_chunk_internal
2860
0
translation_chunk
The portion of the population in the metropolitan area has increased since 2002, and that of GRDP has
2860
1
translation_chunk
decreased, and in 2004, for the first time since the 1960s, it is lower than the portion of the population.
{}
{}
pos-6239
1
positive
sentence_translation
2861
null
sentence
이는 1980년대 이후 서울의 첨단산업이 경기⋅인천지역으로 확산되어서 그 지역의 GRDP 비중이 인구비중보다 높았진 점과 대조된다.
2861
null
translation
This contrasts with the fact that since the 1980s, Seoul's high-tech industry has spread to Gyeonggi ⋅ Incheon, then the proportion of GRDP in the region has been higher than that of the population.
{}
{}
pos-6240
1
positive
translation_chunk_internal
2861
0
translation_chunk
This contrasts with the fact that since the 1980s, Seoul's high-tech industry has spread to Gyeonggi
2861
1
translation_chunk
⋅ Incheon, then the proportion of GRDP in the region has been higher than that of the population.
{}
{}
pos-6241
1
positive
sentence_chunk_internal
2862
0
sentence_chunk
이는 산업구조가 지식집약형 태의 서비스 산업구조로 전환하는 과정에서 지방광역도시는 생산서비스
2862
1
sentence_chunk
부문이 매우 취약하고 첨단산업의 집적이 증대하지 않아서 GRDP 비중이 낮은 것으로 보인다.
{}
{}
pos-6242
1
positive
sentence_translation
2862
null
sentence
이는 산업구조가 지식집약형 태의 서비스 산업구조로 전환하는 과정에서 지방광역도시는 생산서비스 부문이 매우 취약하고 첨단산업의 집적이 증대하지 않아서 GRDP 비중이 낮은 것으로 보인다.
2862
null
translation
In the process of converting the industrial structure into the knowledge-intensive service industrial structure, local metropolitan cities seem to have a low proportion of GRDP because the production service sector is very weak and the accumulation of high-tech industries does not increase.
{}
{}
pos-6243
1
positive
translation_chunk_internal
2862
0
translation_chunk
In the process of converting the industrial structure into the knowledge-intensive service industrial structure, local metropolitan cities seem to
2862
1
translation_chunk
have a low proportion of GRDP because the production service sector is very weak and the accumulation of high-tech industries does not increase.
{}
{}
pos-6244
1
positive
sentence_translation
2863
null
sentence
최근 경제를 포함한 여러 분야에서 빅 데이터에 대한 관심이 높아지고 있다.
2863
null
translation
Recently, interests in big data is rising in various fields including the economy.
{}
{}
pos-6245
1
positive
sentence_chunk_internal
2864
0
sentence_chunk
특히 해외자본이동과 대외교역에 크게 의존하고 있는 우리 경제의 특성상 미국이나 유로지역의
2864
1
sentence_chunk
경제상황 뿐 아니라 중국과 일본을 포함한 아시아 지역 국가들의 경제상황에도 유의해야 할 것이다.
{}
{}
pos-6246
1
positive
sentence_translation
2864
null
sentence
특히 해외자본이동과 대외교역에 크게 의존하고 있는 우리 경제의 특성상 미국이나 유로지역의 경제상황 뿐 아니라 중국과 일본을 포함한 아시아 지역 국가들의 경제상황에도 유의해야 할 것이다.
2864
null
translation
In particular, due to the nature of the Korean economy, which relies heavily on foreign capital movement and foreign trade, it is necessary to pay attention not only to the economic conditions of the US and the euro region, but also to those of Asian countries, including China and Japan.
{}
{}
pos-6247
1
positive
translation_chunk_internal
2864
0
translation_chunk
In particular, due to the nature of the Korean economy, which relies heavily on foreign capital movement and foreign trade, it is necessary to
2864
1
translation_chunk
pay attention not only to the economic conditions of the US and the euro region, but also to those of Asian countries, including China and Japan.
{}
{}
pos-6248
1
positive
sentence_translation
2865
null
sentence
한국의 금융시장은 외환위기 이후 자본 및 금융시장의 개방으로 해외 경기와 관련된 뉴스충격에 점점 민감하게 반응하고 있다.
2865
null
translation
Korea's financial markets have become more and more sensitive to news shocks about the overseas economy due to the opening of capital and financial markets after the financial crisis.
{}
{}
pos-6249
1
positive
translation_chunk_internal
2865
0
translation_chunk
Korea's financial markets have become more and more sensitive to news shocks about the overseas
2865
1
translation_chunk
economy due to the opening of capital and financial markets after the financial crisis.
{}
{}
pos-6250
1
positive
sentence_chunk_internal
2866
0
sentence_chunk
수출비중이 높을수록 원화의 평가절하가 주가에 긍정적인 영향을 미치며 이러한
2866
1
sentence_chunk
영향의 크기와 유의성은 환노출 추정기간이 길어질수록 커지는 것으로 나타났다.
{}
{}
pos-6251
1
positive
sentence_translation
2866
null
sentence
수출비중이 높을수록 원화의 평가절하가 주가에 긍정적인 영향을 미치며 이러한 영향의 크기와 유의성은 환노출 추정기간이 길어질수록 커지는 것으로 나타났다.
2866
null
translation
It has been observed that the greater the proportion of exports, the more positively the depreciation of the Korean won affects the stock price, and the magnitude and significance of these effects increase as the duration of exchange exposure estimation lengthens.
{}
{}
pos-6252
1
positive
translation_chunk_internal
2866
0
translation_chunk
It has been observed that the greater the proportion of exports, the more positively the depreciation of the Korean won affects the
2866
1
translation_chunk
stock price, and the magnitude and significance of these effects increase as the duration of exchange exposure estimation lengthens.
{}
{}
pos-6253
1
positive
sentence_chunk_internal
2867
0
sentence_chunk
이는 원화의 평가절하 직후에는 수출 중심 기업과 내수 중심 기업이 큰 차이가 없으나, 시간이 지날수록
2867
1
sentence_chunk
평가절하의 상반된 영향을 받으며, 이러한 상반된 영향은 시차를 두고 주가에 반영된다는 것을 시사한다.
{}
{}
pos-6254
1
positive
sentence_translation
2867
null
sentence
이는 원화의 평가절하 직후에는 수출 중심 기업과 내수 중심 기업이 큰 차이가 없으나, 시간이 지날수록 평가절하의 상반된 영향을 받으며, 이러한 상반된 영향은 시차를 두고 주가에 반영된다는 것을 시사한다.
2867
null
translation
This indicates that there is little distinction between export-oriented and domestic-oriented companies immediately after the depreciation of the Korean won, but as time passes, they are influenced by contrasting effects of the depreciation, which are subsequently reflected in stock prices with a time lag.
{}
{}
pos-6255
1
positive
translation_chunk_internal
2867
0
translation_chunk
This indicates that there is little distinction between export-oriented and domestic-oriented companies immediately after the depreciation of the Korean
2867
1
translation_chunk
won, but as time passes, they are influenced by contrasting effects of the depreciation, which are subsequently reflected in stock prices with a time lag.
{}
{}
pos-6256
1
positive
sentence_translation
2868
null
sentence
이러한 차이는 동시적 환노출에서 보다 지연된 환노출에서 더 명확히 나타났으며, 환노출 추정기간이 길어질수록 두 기업군 간의 차이가 확대되었다.
2868
null
translation
This difference was more evident in delayed exchange exposure compared to simultaneous exchange exposure, and the difference between the 2 business groups increased as the estimated exchange exposure period lengthened.
{}
{}
pos-6257
1
positive
translation_chunk_internal
2868
0
translation_chunk
This difference was more evident in delayed exchange exposure compared to simultaneous exchange exposure, and
2868
1
translation_chunk
the difference between the 2 business groups increased as the estimated exchange exposure period lengthened.
{}
{}
pos-6258
1
positive
sentence_translation
2869
null
sentence
환노출이란 환율변화에 의한 기업가치의 변화 정도를 말한다.
2869
null
translation
Exchange exposure refers to the extent of change in corporate value caused by fluctuations in exchange rates.
{}
{}
pos-6259
1
positive
sentence_translation
2870
null
sentence
케인즈는 경기변동의 주요인인 투자의 경우 경제주체의 경기전망에 기대 등과 같은 동물적 본능에 의해 크게 영향을 받는다고 주장한다.
2870
null
translation
Keynes argues that investments, which are the main factors in economic fluctuations, are greatly influenced by animal instincts such as expectations of the economic outlook of the economic subjects.
{}
{}
pos-6260
1
positive
translation_chunk_internal
2870
0
translation_chunk
Keynes argues that investments, which are the main factors in economic fluctuations, are greatly
2870
1
translation_chunk
influenced by animal instincts such as expectations of the economic outlook of the economic subjects.
{}
{}
pos-6261
1
positive
sentence_translation
2871
null
sentence
한편 이런 금융변수나 실물변수에 영향을 주는 충격의 보다 근본적인 원인을 찾아보면 경제 주체의 본능이나 기대일 가능성이 크다.
2871
null
translation
Meanwhile, looking for a more fundamental cause of the impulse that affects these financial or real variables, it is highly likely that it is the instincts or expectations of the economic agents.
{}
{}
pos-6262
1
positive
translation_chunk_internal
2871
0
translation_chunk
Meanwhile, looking for a more fundamental cause of the impulse that affects these financial or real
2871
1
translation_chunk
variables, it is highly likely that it is the instincts or expectations of the economic agents.
{}
{}
pos-6263
1
positive
sentence_translation
2872
null
sentence
수익률의 경우 국부펀드의 해외투자 편향을 결정하는 중요한 요인이며, 직접적인 효과와 간접적인 공간적 파급효과를 통해 영향을 미치고 있다.
2872
null
translation
In the case of rate of return, it is an important factor that determines the foreign investment bias of the sovereign wealth fund (SWF), and it is influenced through direct and indirect spatial spillover effects.
{}
{}
pos-6264
1
positive
translation_chunk_internal
2872
0
translation_chunk
In the case of rate of return, it is an important factor that determines the foreign investment bias of the
2872
1
translation_chunk
sovereign wealth fund (SWF), and it is influenced through direct and indirect spatial spillover effects.
{}
{}
pos-6265
1
positive
sentence_translation
2873
null
sentence
한편, 경제발전정도의 공간적 파급효과는 영국에서 유의적이었나 미국의 경우 나타나지 않았다.
2873
null
translation
Meanwhile, the spatial spillover effect of the degree of economic development was significant in the UK, but not in the case of the US.
{}
{}
pos-6266
1
positive
sentence_translation
2874
null
sentence
왜도는 TED 스프레드와 VIX 지수를 제외하고 모두 음의 값으로 변화율의 분포가 왼쪽으로 기울어져 있다.
2874
null
translation
Skewness is a negative value except for the TED spread and VIX index, and the distribution of the rate of change is tilted to the left.
{}
{}
pos-6267
1
positive
sentence_translation
2875
null
sentence
차이를 보여주는 TED 스프레드는 원자료를 사용하였으며, VIX 지수는 대수를 취하여 준다.
2875
null
translation
The TED spread, which shows the difference, used raw materials, and the VIX index took the logarithm.
{}
{}
pos-6268
1
positive
sentence_translation
2876
null
sentence
최대값과 최소값의 차이를 통해 각 대미환율과 달러인덱스는 상승폭보다 하락폭이, 다우존스 지수의 경우는 상승폭이 하락폭보다 더 크게 나타났다.
2876
null
translation
Through the difference between the maximum and minimum values, each US dollar rate and the USD index fell more than the increase, while the Dow Jones index increased more than the decrease.
{}
{}
pos-6269
1
positive
translation_chunk_internal
2876
0
translation_chunk
Through the difference between the maximum and minimum values, each US dollar rate and the USD
2876
1
translation_chunk
index fell more than the increase, while the Dow Jones index increased more than the decrease.
{}
{}
pos-6270
1
positive
sentence_chunk_internal
2877
0
sentence_chunk
먼저, 전통적인 해외투자편향은 국내 투자자가 해외 전체 자본시장에서 보유하고 있는 해외 포트폴리오 비중을
2877
1
sentence_chunk
나타내고 있지만, 국내와 특정한 투자대상국, 두 국가 간 해외투자편향을 정확하게 나타내고 있지 못하다.
{}
{}
pos-6271
1
positive
sentence_translation
2877
null
sentence
먼저, 전통적인 해외투자편향은 국내 투자자가 해외 전체 자본시장에서 보유하고 있는 해외 포트폴리오 비중을 나타내고 있지만, 국내와 특정한 투자대상국, 두 국가 간 해외투자편향을 정확하게 나타내고 있지 못하다.
2877
null
translation
First, the traditional overseas investment bias indicates the proportion of the overseas portfolio held by domestic investors in the overall overseas capital market, but it does not accurately represent the overseas investment bias between two countries: Korea and a specific investment target country.
{}
{}
pos-6272
1
positive
translation_chunk_internal
2877
0
translation_chunk
First, the traditional overseas investment bias indicates the proportion of the overseas portfolio held by domestic investors in the overall overseas
2877
1
translation_chunk
capital market, but it does not accurately represent the overseas investment bias between two countries: Korea and a specific investment target country.
{}
{}
pos-6273
1
positive
sentence_chunk_internal
2878
0
sentence_chunk
본 연구에서 이러한 전통적인 해외투자편향의 측정문제를 해결하기 위해서 전체 세계자본시장에서 차지하는
2878
1
sentence_chunk
외국 자본시장의 비중을 표준화시킨 두 국가의 양자 간 해외투자편향의 정의를 다음과 같이 설정하였다.
{}
{}
pos-6274
1
positive
sentence_translation
2878
null
sentence
본 연구에서 이러한 전통적인 해외투자편향의 측정문제를 해결하기 위해서 전체 세계자본시장에서 차지하는 외국 자본시장의 비중을 표준화시킨 두 국가의 양자 간 해외투자편향의 정의를 다음과 같이 설정하였다.
2878
null
translation
In order to solve this problem of measuring traditional foreign investment bias in this study, the definition of bilateral foreign investment bias of the two countries, which standardizes the proportion of foreign capital markets in the entire world capital market, is set as follows.
{}
{}
pos-6275
1
positive
translation_chunk_internal
2878
0
translation_chunk
In order to solve this problem of measuring traditional foreign investment bias in this study, the definition of bilateral foreign investment
2878
1
translation_chunk
bias of the two countries, which standardizes the proportion of foreign capital markets in the entire world capital market, is set as follows.
{}
{}
pos-6276
1
positive
sentence_translation
2879
null
sentence
셋째 항은 두 국가 자본시장이 세계자본시장에서 차지하는 상대적 비중이다.
2879
null
translation
The third term is the relative proportion of the two countries' capital markets in the world capital market.
{}
{}
pos-6277
1
positive
sentence_translation
2880
null
sentence
이러한 전통적인 해외투자편향의 정의는 두 가지 측정문제가 존재한다.
2880
null
translation
There are two measurement problems with this traditional definition of foreign investment bias.
{}
{}
pos-6278
1
positive
sentence_translation
2881
null
sentence
전통적인 해외투자편향의 정도는 해외 투자대상국의 자본시장 규모에 따라 비대칭적 으로 변화한다.
2881
null
translation
The degree of traditional overseas investment bias changes asymmetrically depending on the size of the capital market of the overseas investment target country.
{}
{}
pos-6279
1
positive
translation_chunk_internal
2881
0
translation_chunk
The degree of traditional overseas investment bias changes asymmetrically depending
2881
1
translation_chunk
on the size of the capital market of the overseas investment target country.
{}
{}
pos-6280
1
positive
sentence_translation
2882
null
sentence
이들 결과들은 기존의 국내 실증분석 결과들과 전반적으로 일치한다.
2882
null
translation
These findings align with the overall results of previous domestic empirical analyses.
{}
{}
pos-6281
1
positive
sentence_translation
2883
null
sentence
이와 같이 충격이 국내 금융변수들의 변동성을 설명하는 비율은 어떤 국내 금융변수 충격보다 큰 것으로 나타났다.
2883
null
translation
In this way, the ratio that explains the volatility of domestic financial variables was found to be greater than any domestic financial variable shock.
{}
{}
pos-6282
1
positive
sentence_translation
2884
null
sentence
주도산업이 주를 이루며 자본이동이 채권시장경로보다는 주식시장경로를 통해 일어나기 때문이다.
2884
null
translation
This is because the dominant industry takes the lead, and capital movement occurs through the stock market path rather than the bond market path.
{}
{}
pos-6283
1
positive
sentence_translation
2885
null
sentence
이와 같이 서울은 첨단산업, 기술개발, 주사무소의 기능이 특화되어 있다.
2885
null
translation
As such, Seoul is specialized in functions of high-tech industries, technology development, and the main office.
{}
{}
pos-6284
1
positive
sentence_translation
2886
null
sentence
즉, 서울은 지식기반 서비스업을 중심으로 특화된 서비스경제를 주도하여 지식집약산업구조로 재편되고 있다.
2886
null
translation
In other words, Seoul is being reorganized into the knowledge-intensive industry structure by leading the specialized service economy centered on the knowledge-based service industry.
{}
{}
pos-6285
1
positive
translation_chunk_internal
2886
0
translation_chunk
In other words, Seoul is being reorganized into the knowledge-intensive industry structure
2886
1
translation_chunk
by leading the specialized service economy centered on the knowledge-based service industry.
{}
{}
pos-6286
1
positive
sentence_translation
2887
null
sentence
지방은 단순히 생산기술이 특화되는 기존의 공간분업의 틀에서 벗어나고 있다.
2887
null
translation
The provinces are simply breaking away from the framework of the existing spatial division of labor, which specialize in manufacturing technology.
{}
{}
pos-6287
1
positive
sentence_translation
2888
null
sentence
TED 스프레드는 원/달러환율에 대한 직접적인 인과관계가 대체적으로 양의 관계를 갖는 것으로 나타났다.
2888
null
translation
The TED spread revealed that there is generally a positive relationship between the KRW/USD exchange rate.
{}
{}
pos-6288
1
positive
sentence_translation
2889
null
sentence
수익률이 불확실하며, 위험을 기피하는 국․내외 투자자는 예상효용을 극대화시키는 최적 포트폴리오 자산을 선택한다.
2889
null
translation
The rate of return is uncertain, and domestic and foreign investors who avoid risks choose the optimal portfolio asset that maximizes the expected utility.
{}
{}
pos-6289
1
positive
sentence_translation
2890
null
sentence
외국증권과 외국수익률은 외국통화로 표시 되어 있으며, 국내 투자자가 외국증권에 투자할 때 환율변동위험에 노출되어 있다.
2890
null
translation
Foreign securities and foreign returns are denominated in foreign currencies, and domestic investors are exposed to exchange rate fluctuation risks when investing in foreign securities.
{}
{}
pos-6290
1
positive
translation_chunk_internal
2890
0
translation_chunk
Foreign securities and foreign returns are denominated in foreign currencies, and domestic
2890
1
translation_chunk
investors are exposed to exchange rate fluctuation risks when investing in foreign securities.
{}
{}
pos-6291
1
positive
sentence_translation
2891
null
sentence
작금의 자본시장에서 외국투자자본이 30대 대기업의 주식보유 비율이 확대되고 지속적인 기업구조조정의 수준도 높아질 것이다.
2891
null
translation
In the current capital market, foreign investment capital will expand the stock holding ratio of the top 30 large companies and intensify continuous corporate restructuring.
{}
{}
pos-6292
1
positive
translation_chunk_internal
2891
0
translation_chunk
In the current capital market, foreign investment capital will expand the stock holding
2891
1
translation_chunk
ratio of the top 30 large companies and intensify continuous corporate restructuring.
{}
{}
pos-6293
1
positive
sentence_translation
2892
null
sentence
전으로부터 지방의 균형발전을 위한 산업구조조정과 시장경제의 확립에 중점을 두었 다.
2892
null
translation
From the previous year, it focused on industrial restructuring and establishing the market economy for balanced regional development.
{}
{}
pos-6294
1
positive
sentence_translation
2893
null
sentence
특히, 기업구조조정촉 진법은 동태적⋅상시적인 부실기업의 구조조정을 대비하지만, 정태적인 산업경쟁력 을 강화하는 법제를 특별히 마련해야 한다.
2893
null
translation
In particular, the Corporate Restructuring Promotion Act prepares for dynamic ⋅ , constant restructuring of ailing companies, but a special legal system must be prepared to strengthen static industrial competitiveness.
{}
{}
pos-6295
1
positive
translation_chunk_internal
2893
0
translation_chunk
In particular, the Corporate Restructuring Promotion Act prepares for dynamic ⋅ , constant restructuring of
2893
1
translation_chunk
ailing companies, but a special legal system must be prepared to strengthen static industrial competitiveness.
{}
{}
pos-6296
1
positive
sentence_translation
2894
null
sentence
비록 적정 클러스터를 구성하지는 못했지만 이러한 결과는 한국은 인도네시아하고만 풀링할 수 있다는 Bergetal.의 결과와 비슷하다.
2894
null
translation
While it may not have formed an optimal cluster, this outcome is similar to the findings of Bergetal. that suggest Korea can only collaborate with Indonesia.
{}
{}
pos-6297
1
positive
sentence_chunk_internal
2895
0
sentence_chunk
채권은행은 신용공여 대상기업에 대하여 매년 1회 정기 또는 필요한 경우에 수시로
2895
1
sentence_chunk
신용위험의 평가를 실시하고, 평가는 기본평가 및 세부평가를 통하여 진행한 다.
{}
{}
pos-6298
1
positive
sentence_translation
2895
null
sentence
채권은행은 신용공여 대상기업에 대하여 매년 1회 정기 또는 필요한 경우에 수시로 신용위험의 평가를 실시하고, 평가는 기본평가 및 세부평가를 통하여 진행한 다.
2895
null
translation
The creditor bank shall conduct a credit risk assessment of the company subject to credit facility once a year or occasionally, if necessary. The assessment shall be conducted through a basic assessment and detailed assessment.
{}
{}
pos-6299
1
positive
translation_chunk_internal
2895
0
translation_chunk
The creditor bank shall conduct a credit risk assessment of the company subject to credit facility once a year or
2895
1
translation_chunk
occasionally, if necessary. The assessment shall be conducted through a basic assessment and detailed assessment.
{}
{}