Budget Amount *help |
¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
Fiscal Year 2013: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2012: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2011: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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Research Abstract |
In this research, I performed a theory and empirical analysis of inflation expectation. First, I used Monte Carlo simulation to compute the results the candidates' preferences bring in an election system. I found that in a single-seat constituency system, an inflated number of seats are won compared to that implied by the cube rule. In the proportional representation system, approval ratings are fairly reflected in the number of seats won. Second, under the assumption that the respondent's distribution of inflation expectation has come from "mixture distribution," I developed the method to generate the inflation expectation series. I found that the series is superior to the existing one with respect to rationality.
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