| Budget Amount *help |
¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2009: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2008: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2007: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
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| Research Abstract |
Data revisions are important because they may affect policy decisions or the manner in which such decisions depend on the most recent data. Using Japanese real-time data set, we estimate how policy analysis and forecasts can be affected by data revisions. The revisions are more like measurement error than like efficient forecast in Japan. There is no real-time data set in Japan, though the data set is popular in US and Euro countries. We construct a real-time data set. We publish the data set through our web site.
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