| Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2009: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2008: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2007: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Research Abstract |
In this research project, I consider the Bayesian method for estimating the multivariate ordered probit model and the dynamic panel ordered probit model. Further, I propose a method for estimating the coefficients of ordinal endogenous explanatory variables from the posterior results obtained for multivariate ordered probit model. I apply the methods to the estimation of subjective well-being equations by using the micro-level survey data. Since one of the merits of Bayesian analysis is that the value of latent variable for probit models can be obtained directly from the posterior results, I propose a new inequality measure for subjective well-being by using the posterior results.
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