won-cheol yun - Academia.edu (original) (raw)

won-cheol yun

Enthusiastic about Uncertainty

less

Uploads

Papers by won-cheol yun

Research paper thumbnail of Analysis on the Welfare Effect of Introduction of Petroleum Product Futures Trading

Research paper thumbnail of Electric Power Grid Interconnection in Northeast Asia

Social Science Research Network, 2005

The U.S. Congress established the East-West Center in 1960 to foster mutual understanding and coo... more The U.S. Congress established the East-West Center in 1960 to foster mutual understanding and cooperation among the governments and peoples of the Asia Pacific region including the United States. Funding for the Center comes from the U.S. government with additional support provided by private agencies, individuals, corporations, and Asian and Pacific governments.

Research paper thumbnail of Estimation of Petroleum Prices Using Stochastic Process Models and Their Implications

Research paper thumbnail of Economic Valuation of Nuclear Power Plants Using Simulation and Real Options Approach

Research paper thumbnail of Risk Management in Electricity Industry and Government's Role

Research paper thumbnail of Comparative Analysis of Hedging Effectiveness Using Simulation Approach: The Case of Importing Steam Coal

Dynamic hedging effectiveness for soybean farmers in Rondonópolis (MT) with futures contracts of ... more Dynamic hedging effectiveness for soybean farmers in Rondonópolis (MT) with futures contracts of BM&F-BOVESPA is calculated through optimal hedge determination, using the bivariate GARCH BEKK model, which considers the conditional correlations of the prices series, comparing the results with the minimum variance model effectiveness, calculated by OLS, the unhedged and the naïve hedge positions. The financial effectiveness of the dynamic hedge model is superior and can be used by farmers for several decision making purposes such as price discovery, hedging calibration, cash flow projections, market timing, among others.

Research paper thumbnail of International Hedging Under Concurrent Risks of Input/Output Prices and Exchange Rate : The Case of Korean Oil Refinery

Research paper thumbnail of RESEARCH ON IMPLICATIONS OF IRS POLICIES TO THE EFFECTIVENESS OF CATTLE FUTURES MARKETS Part II, Impact of Different Types of Traders

RePEc: Research Papers in Economics, Jun 1, 1993

Research paper thumbnail of International Comparison on the Gasoline Price Asymmetries

Research paper thumbnail of Analysis on the Effect of Complex Hedging for Coal Price and Ocean Freight Rate

Research paper thumbnail of An Analysis on the Price Predictability of Steam Coal

Research paper thumbnail of Cost-Benefit Analysis of Electric Power Interconnection in Northeast Asia

Korean Energy Economic Review, 2004

Research paper thumbnail of Risk Management of Oil Reserve Using Forward Contracts

Korean Energy Economic Review, 2004

Research paper thumbnail of Krx와 Cme의 엔화 선물(先物)의 헤징 효과(效果)에 대한 비교(比較) 분석(分析)

Research paper thumbnail of Optimal Fiscal Budget Allocation of Oil Crisis Strategies Using Portfolio Approach

Research paper thumbnail of Structural changes in Korean manufacturing sector andits energy and CO2 implication

Lee, Won-Woo; Jung, Tae Yong; Kim, Tae-Heon; Yun, Won-Cheol.April, 2007.Structural changes in Kor... more Lee, Won-Woo; Jung, Tae Yong; Kim, Tae-Heon; Yun, Won-Cheol.April, 2007.Structural changes in Korean manufacturing sector andits energy and CO2 implication,Reports,[Tokyo, Japan]Keio University

Research paper thumbnail of Analysis on the Hedging Effects of Complex Hedging Considering LNG Price and Exchange Rate Risks

Research paper thumbnail of 석유제품 혼합판매 활성화 방안

Research paper thumbnail of Promotion Strategies of Distributed Generation for Securing Spinning Reserves

Research paper thumbnail of The Responses of Natural Gas Market to the Structural Shocks in Oil Market

Journal of the Korean Society of Mineral and Energy Resources Engineers

In this study, natural gas price responses to different factors of the oil market were analyzed. ... more In this study, natural gas price responses to different factors of the oil market were analyzed. A structural VAR model was developed to include crude oil supply, global economic indicators, crude oil price, and natural gas price as endogenous variables. Sample monthly data from January 1992 to September 2021 were used. The results obtained using the historical decomposition method indicated that the contribution of crude oil supply decreased, whereas that of global demand factor increased. In addition, the unique crude oil market factor was also an important influence.

Research paper thumbnail of Analysis on the Welfare Effect of Introduction of Petroleum Product Futures Trading

Research paper thumbnail of Electric Power Grid Interconnection in Northeast Asia

Social Science Research Network, 2005

The U.S. Congress established the East-West Center in 1960 to foster mutual understanding and coo... more The U.S. Congress established the East-West Center in 1960 to foster mutual understanding and cooperation among the governments and peoples of the Asia Pacific region including the United States. Funding for the Center comes from the U.S. government with additional support provided by private agencies, individuals, corporations, and Asian and Pacific governments.

Research paper thumbnail of Estimation of Petroleum Prices Using Stochastic Process Models and Their Implications

Research paper thumbnail of Economic Valuation of Nuclear Power Plants Using Simulation and Real Options Approach

Research paper thumbnail of Risk Management in Electricity Industry and Government's Role

Research paper thumbnail of Comparative Analysis of Hedging Effectiveness Using Simulation Approach: The Case of Importing Steam Coal

Dynamic hedging effectiveness for soybean farmers in Rondonópolis (MT) with futures contracts of ... more Dynamic hedging effectiveness for soybean farmers in Rondonópolis (MT) with futures contracts of BM&F-BOVESPA is calculated through optimal hedge determination, using the bivariate GARCH BEKK model, which considers the conditional correlations of the prices series, comparing the results with the minimum variance model effectiveness, calculated by OLS, the unhedged and the naïve hedge positions. The financial effectiveness of the dynamic hedge model is superior and can be used by farmers for several decision making purposes such as price discovery, hedging calibration, cash flow projections, market timing, among others.

Research paper thumbnail of International Hedging Under Concurrent Risks of Input/Output Prices and Exchange Rate : The Case of Korean Oil Refinery

Research paper thumbnail of RESEARCH ON IMPLICATIONS OF IRS POLICIES TO THE EFFECTIVENESS OF CATTLE FUTURES MARKETS Part II, Impact of Different Types of Traders

RePEc: Research Papers in Economics, Jun 1, 1993

Research paper thumbnail of International Comparison on the Gasoline Price Asymmetries

Research paper thumbnail of Analysis on the Effect of Complex Hedging for Coal Price and Ocean Freight Rate

Research paper thumbnail of An Analysis on the Price Predictability of Steam Coal

Research paper thumbnail of Cost-Benefit Analysis of Electric Power Interconnection in Northeast Asia

Korean Energy Economic Review, 2004

Research paper thumbnail of Risk Management of Oil Reserve Using Forward Contracts

Korean Energy Economic Review, 2004

Research paper thumbnail of Krx와 Cme의 엔화 선물(先物)의 헤징 효과(效果)에 대한 비교(比較) 분석(分析)

Research paper thumbnail of Optimal Fiscal Budget Allocation of Oil Crisis Strategies Using Portfolio Approach

Research paper thumbnail of Structural changes in Korean manufacturing sector andits energy and CO2 implication

Lee, Won-Woo; Jung, Tae Yong; Kim, Tae-Heon; Yun, Won-Cheol.April, 2007.Structural changes in Kor... more Lee, Won-Woo; Jung, Tae Yong; Kim, Tae-Heon; Yun, Won-Cheol.April, 2007.Structural changes in Korean manufacturing sector andits energy and CO2 implication,Reports,[Tokyo, Japan]Keio University

Research paper thumbnail of Analysis on the Hedging Effects of Complex Hedging Considering LNG Price and Exchange Rate Risks

Research paper thumbnail of 석유제품 혼합판매 활성화 방안

Research paper thumbnail of Promotion Strategies of Distributed Generation for Securing Spinning Reserves

Research paper thumbnail of The Responses of Natural Gas Market to the Structural Shocks in Oil Market

Journal of the Korean Society of Mineral and Energy Resources Engineers

In this study, natural gas price responses to different factors of the oil market were analyzed. ... more In this study, natural gas price responses to different factors of the oil market were analyzed. A structural VAR model was developed to include crude oil supply, global economic indicators, crude oil price, and natural gas price as endogenous variables. Sample monthly data from January 1992 to September 2021 were used. The results obtained using the historical decomposition method indicated that the contribution of crude oil supply decreased, whereas that of global demand factor increased. In addition, the unique crude oil market factor was also an important influence.

Log In