2016 Fiscal Year Final Research Report
The influence for policy making decision and evaluation using Real-Time data and revision data
| Project/Area Number |
25380330
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Nihon University |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2017-03-31
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| Keywords | リアルタイムデータ / リヴィジョンスタディ / 金融財政政策 / 私的情報 / 公開情報 |
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| Outline of Final Research Achievements |
Macro-economic data will be revised, but preliminary figures are paid attention in decision making. Data revision is necessary for a process to reflect true economic situation to statistics, and it is not a problem to judge economic situation by preliminary data if we can predict the direction of revision. However, the data revision cannot be predicted, and the uncertainty of the preliminary data is a problem in decision making.
In policy evaluation, when we analyze with real-time and post-revised data, we cannot obtain the same result. In addition of uncertainty of the preliminary data, we experience a large recognition lag.
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| Free Research Field |
経済政策
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