7 research outputs found
Analysis of Policy Changes and Amakudari in the Korean Mutual Savings Bank Industry
๋ณธ ๋
ผ๋ฌธ์ 2010๋
12์๋ง ํ์ฌ 105๊ฐ ์ ์ถ์ํ์ ๋์์ผ๋ก 2001๋
๋ถํฐ 2010๋
๊น์ง์ ๊ฒฝ์์ฑ ๊ณผ์ ๋ํ์ฐ์ธ์ฌ, ์์ ๊ตฌ์กฐ, ์ ์ฑ
๋ณํ์ ๊ด๋ จ์ฑ์ ํจ๋๋ถ์ ๋ฐฉ๋ฒ์ผ๋ก ๋ถ์ํ์๋ค. ๊ทธ ๊ฒฐ๊ณผ, ์ฒซ์งธ, ์ ์ถ์ํ ๊ด๋ จ ์ค์ํ ์ ์ฑ
์ ๋ณํ๋ ์ ์ถ์ํ ๊ฒฝ์์ฑ๊ณผ์ ์ ์๋ฏธํ๊ฒ ์ํฅ์ ๋ฏธ์น๊ณ ์์๋ค. ์ ์ถ์ํ์ด๋ผ๋ ๋ช
์นญ๋ณ๊ฒฝ์ ์ ์ถ์ํ์ ๊ฒฝ์์ฑ๊ณผ์ ๊ธ์ ์ ์ธ ๋ฐฉํฅ์ผ๋ก, ์์ 88ํด๋ฝ์ ๋ํ ์ฌ ์ ๊ท์ ์ํ๋ ๋ถ์ ์ ์ธ ๋ฐฉํฅ์ผ๋ก ์ ์ฑ
ํจ๊ณผ๋ฅผ ๋ณด์ฌ์คฌ๋ค. ๋์งธ, ๋ํ์ฐ์ธ์ฌ๊ฐ ๊ณ ์ ์ดํ์ฌ์ ๋น์จ ๊ณผ ๊ฐ์ ์ํ๋๋ฅผ ์ฆ๊ฐ์ํค๋ ๋ฐ ์ ์๋ฏธํ ์ญํ ์ ํ๊ณ ์์์ด ๋๋ฌ๋ฌ๋ค. ๋ค๋ง, ๋ํ์ฐ์ธ์ฌ๊ฐ ์์ต์ฑ๊ณผ ์๋ณธ์ถฉ์ค๋ ๊ด๋ จ ๋ณ์์ ๋ฏธ์น๋ ์ํฅ์ ํต๊ณ์ ์ผ๋ก ์ ์๋ฏธํ์ง๋ ์์๋ค. ์
์งธ, ์ ์ถ ์ํ๊ทธ๋ฃน, ๊ธ์ต์ง์ฃผ๊ทธ๋ฃน, ์ฐ์
์๋ณธ๊ทธ๋ฃน, ๋
๋ฆฝ์ ์ถ์ํ๊ณผ ๊ฐ์ ์์ ๊ตฌ์กฐ์ ์ฐจ์ด๋ ๊ฒฝ์์ฑ๊ณผ์ ์ฐจ ์ด์ ์ ์๋ฏธํ ์ค๋ช
๋ ฅ์ ๊ฐ๊ณ ์์ง ์์๋ค. ๋ค๋ง, ์๋์ ์ผ๋ก ์ธํ์ด ์์ ๋
๋ฆฝ์ ์ถ์ํ์ ๊ฒฝ์ฐ ์์ต์ฑ๊ณผ ์๋ณธ์ถฉ์ค๋๊ฐ ์๋์ ์ผ๋ก ๋ฎ์ง๋ง ์ํ๋ ์ญ์ ๋ฎ๋ค๊ณ ํ๋ ์ ์๋ฏธํ ๊ฒฐ๊ณผ๋ฅผ ์ป์์ผ๋ฉฐ, ์ด๋ ์ง์ญ๋ฐ์ฐฉํ ์๊ท๋ชจ ์ ์ถ์ํ์ด๋ผ๋ ๋ฐฉํฅ์ฑ์ ์ ์ํด ์ค๋ค๋ ์ ์์ ์์๊ฐ ์๋ค. ๋ง์ง๋ง์ผ ๋ก, ํต์ ๋ณ์๋ก ํ์ฉํ ์ฃผํ๊ฐ๊ฒฉ์ฆ๊ฐ์จ ๋ณ์๋ ๊ฒฝ์์ฑ๊ณผ ๋ฐ ์๋ณธ์ถฉ์ค๋์ ์(+)์ ์๊ด๊ด๊ณ๋ฅผ, ์ํ๋์๋ ์(-)์ ์๊ด๊ด๊ณ๋ฅผ ๋ณด์ฌ์ค์ผ๋ก์จ, ์ ์ถ์ํ์ ๊ตฌ์กฐ์กฐ์ ์ ์์ด์ ๋ถ๋์ฐ์์ฅ์ ํฅ๋ฐฉ ์ด ์ค์ํ ์ํฅ์ ๋ฏธ์น ์ ์์์ ์์ฌํ๋ค. This paper examines the relevance of amakudari, ownership structure, and policy changes to the business performance of mutual savings banks in Korea in existence up to the end of December 2010, using panel data from 105 mutual savings banks from 2001 to 2010. An econometric analysis of the panel data showed the following results. Firstly, critical policy changes related to mutual savings banks in Korea show significant effects on the banks' business performance. In particular, the shift in name from "mutual savings and finance company" to "mutual savings bank" had a positive effect, but the ease of credit restrictions on the so called "88 club" had a negative influence. Secondly, amakudari significantly raised the degree of risk as with the ratio of sub-standard loans. However, amakudari did not show a statistically significant effect on the variables related to profitability and capital adequacy. Thirdly, ownership structure, such as being a member of a mutual savings bank group, a financial holding company, an industrial capital institution, or an independent mutual savings bank had no significant effect on business performance. Nevertheless, relatively small-sized independent mutual savings banks have lower profitability and capital adequacy than banks with other forms of ownership structure. They have lower levels of risk than other banks. This suggests the right direction for mutual savings banks in Korea is to become regionally-based small mutual savings banks. Lastly, the growth rate of housing prices, which was adopted as a control variable, showed a positive correlation with business performance and capital adequacy, and a negative correlation with risk. This implies that the direction of the property market plays an important role in the restructuring of the Korean mutual savings bank industry
Study on the Appointment and Tenure of the Monetary Policy Committee
๋ณธ ๋
ผ๋ฌธ์ 1950๋
5์๋ถํฐ 2010๋
4์๊น์ง ์ง๋ 60๋
๋์ ๊ธ์ตํตํ์์ํ์ ์ฌ์ํ๋ 200๋ช
์ ์์์ ๋์์ผ๋ก ๋ํต๋ น์ ๋ฐ๋ผ ์์์ ์๋ช
๊ณผ ์ฌ์๊ธฐ๊ฐ์ด ์ด๋ป๊ฒ ๋ฌ๋ผ์ง๋์ง, ๊ธ์ตํตํ์์ํ์ ๊ดํ ์ ๋ ๋ณํ๋ ์์์ ์๋ช
๊ณผ ์ฌ์๊ธฐ๊ฐ์ ์ด๋ค ์ํฅ์ ๋ฏธ์ณค๋์ง, ์ฌ์๊ธฐ๊ฐ์๋ ์ฃผ๋ก ์ด๋ค ์์ธ๋ค์ด ์ํฅ์ ๋ฏธ์ณค๋์ง์ ๊ดํ์ฌ ์ ๋์ ๋ถ์๊ณผ ๊ธฐ์ ํต๊ณ์ ๋ถ์, Cox์ ๋น๋ก์ํ๋ชจํ์ ํ์ฉํ ์์กด๋ถ์์ ์ํํ์๋ค. ์ด๋ฌํ ๋ถ์์ ํตํด, ๋ํต๋ น์ ์ถ์ ์ง์ ๊ธ์ตํตํ์์ํ ์์์ ์ถ์ ์ง๊ฐ ์์ ์๊ด๊ด๊ณ๋ฅผ ๊ฐ๋ ๋ฑ ๋ํต๋ น ์ธ์ฌ์ ์ ์ค์ฃผ์ ํน์ฑ์ด ์ผ๋ถ ๋ฐ์๋๊ณ ์์์ ์ ์ ์์๋ค. ๋ํ, ๊ธ์ตํตํ์์ํ ์์์ ์ฌ์๊ธฐ๊ฐ์ ๊ฐ์ฅ ์ํฅ์ ๋ฏธ์น ์์ธ์ 1997๋
12์์ ์ 6์ฐจ ํ๊ตญ์ํ๋ฒ ๊ฐ์ ์ด ์ด๋ํ ์ ๋๋ณํ์๋ค. 1998๋
์ดํ ์ฌ์๊ธฐ๊ฐ์ ๊ทธ ์ด์ ์ ๋นํด ์ ์๋ฏธํ๊ฒ ๊ธธ์ด์ก์ผ๋ฉฐ, ์๊ธฐ๋ง๋ฃ ํ ํด์ํ๋ ๋น์จ๋ ๊น๋์ค ์ ๋ถ 65%, ๋
ธ๋ฌดํ ์ ๋ถ 89%๋ก ํฌ๊ฒ ๋์์ก๋ค. ๊ทธ๋ฆฌ๊ณ , ๊ธ์ตํตํ์์ํ ์์์ด ๊ต์์ถ์ , ์ค์์ํ์ถ์ฒ, ํธ๋จ์ง์ญ์ถ์ ์ธ ๊ฒฝ์ฐ ์๋์ ์ผ๋ก ๊ทธ๋ฆฌ๊ณ ์ ์ํ๊ฒ ์ฌ์๊ธฐ๊ฐ์ด ๊ธธ์์ผ๋ฉฐ, ์ ์น์ธ์ถ์ ์์์ ๊ฒฝ์ฐ ์ฌ์๊ธฐ๊ฐ์ด ์๋์ ์ผ๋ก ์ ์ํ๊ฒ ์งง์๋ค. For over 60 years, from May 1950 to April 2010, the Monetary Policy Committee had 200 members on the committee. What is the decisive factor for appointment and length of service of members according to the president who appointed them? How does institutional change affect the duration and length of appointment of the committee members? Which factors affect members` tenure? This paper used institutional analysis, technical statistical analysis, and Cox`s proportional hazard model for survival analysis to answer these questions. Through this analysis, a positive correlation was found between the president`s hometown and that of Monetary Policy Committee members, and the patronage concern of the president is reflected in some of the attributes. In addition, the institutional change by the sixth revision of the Bank of Korea in December 1997 significantly affected the tenure of the Monetary Policy Committee members. Since 1998, appointment and tenure of the members was prolonged significantly after the expiration of the term of the outgoing administration of the Kim Daejung Administration`s ratio of 65%, significantly increased to 89% under the Roh Moohyun Administration. Moreover, members from a professorial-background, with a Central Bank recommendation, and from the Cholla region had significantly longer tenure, but the tenure of members from a political-background was significantly shorter in comparison
Epidemiological Studies on Diabetes Mellitus in Korea
Recently the number of diabetic patients in Korea
is increasing conspicuously and the incidence seems
to be unimaginably high.
A) To study diabetes morbidity, first screening
suvey on 3,673 in-patients of the whole Seoul National
University Hospital. By giving glucose tolerance
test to the patients with urine sugar positive, we
discovered 15 diabetics. out of which 8 were previously
known and 7 were new cases. The ratio of male
to female was 2. 1; 1-
Second screening test was given to the bank employees
of a certain bank in Seoul. The postprandial
urine sugar test followed by glucose tolerance test
was given to 1, 174 employees and we discovered 30
diabetics among them. The ratio was 2.6%. Out of
them 16 were previously known and 14 were new
cases.
For the past 13 years we have observed 1,650cases
of diabetes in Seoul National University Hospital. Up
to 1958 we had about O. 1% of diabetics among total
medical patients, but during the past two or three
years the number of diabetic patients has significantly
increased- that is. it figured from almost 1, 2 to
1.8% and the average for the past 13 years is 0.9%.
The patients consisted of 1, 12:: males and 528 females.
The ratio is estima ted to be 2. 1; 1-
B) The distritbuion of living diabetics by age and
sex is as follows: the incidence of the 5th and 6 th
decade each is about one third of total diabetic patients,
and in male cases the highest incidence was in
the 5th decade and the next was in 6th, 4th and 7th
in respective order. In female cases, the highest incidence
was in 6th decade and the next was in 5 th,
4th and 7th in respective order. Low incidence in
young age below the 4th decade was a characteristic
feature observed compared with that of Europeans.
The distribution by age at onset was as follows:
the highest frequency was in the 5th decade-namely,
35.5% and the next was in 6th, 4th, 7th and 3rd
decade in respective order. In male cases, it was in
the order of 5 th, 6th, 4 th and 7th decade. and in
female cases it was in the order of 6th, 5th. 4th and
7th decade. The incidence was very low in young
age group below 4th decade