フィナンシャルレビュー 第80号

Size: px
Start display at page:

Download "フィナンシャルレビュー 第80号"

Transcription

1 March Eichner et al. Tobit

2 Tobit Buntin and Zaslavsk Duan et al.hay and Olsen Mullahy Tobit ARMA Feenberg and Skinner French and Jones Eichner et al.

3 Eichner et al i t m i,t Em i,t Prm i,t!prm i,t Em i,t m i,t Prm i,t E m i,t m i,t qm i,t d m m í! i,t! i,t! " lnm i,t d m m í! i,t! i,t! " qm i,t index function i t m i,t d i t t m i,t!ˆ "p p x i d m m í i,t i,t

4 K, K!p "ṕ "p "p Toibt Amemiya Heckman Probit Logit truncate Buntin and ZaslavskDuan et al.hay and OlsenMullahy #p Tobit Eichner et al. Prm i,t Probit Logit!ˆ t R R S!ˆt t d i t R i x í!ˆ x i jj x í!ˆû j qm i,t x í!ˆ Tobit, Probit Wooldridge Tobit m i,t Basu et al. Blough et al.manningmanning and MullahyManning et al.mullahy Eichner et al

5 i Prmˆ i,t x í!ˆû j Prmˆ i,t t Prmˆ i,t!!ˆt t d i t R i x í!ˆ x i jj x í!ˆû j ln mˆ i,t x í!ˆ i lnmˆ i,t x í!ˆû j m i,t!ˆ t mˆ i,t t m i,t m i,t!ˆ t t ID ID

6 MED D MED MED SEX AGE AGE AGE AGE D D D MEDZL MEDZH MEDLZ MEDLL MEDLH MEDHZ MEDHL MEDHH MED

7 D D D MEDLL MEDHH MEDHZ MEDZH D D D D Gauss

8 CONSTANT SEX AGE AGE AGE D D D D AGE D AGE D AGE D AGE D AGE D AGE D AGE D AGE D AGE AGE SEX AGE SEX AGE SEX D SEX D SEX D SEX White

9 CONSTANT SEX AGE AGE AGE MEDZL MEDZH MEDLZ MEDLL MEDLH MEDHZ MEDHL MEDHH AGE MEDZL AGE MEDZL AGE MEDZL AGE MEDZH AGE MEDZH AGE MEDZH AGE MEDLZ AGE MEDLZ AGE MEDLZ AGE MEDLL AGE MEDLL AGE MEDLL White

10 AGE MEDLH AGE MEDLH AGE MEDLH AGE MEDHZ AGE MEDHZ AGE MEDHZ AGE MEDHL AGE MEDHL AGE MEDHL AGE MEDHH AGE MEDHH AGE MEDHH AGE SEX AGE SEX AGE SEX MEDZL SEX MEDZH SEX MEDLZ SEX MEDLL SEX MEDLH SEX MEDHZ SEX MEDHL SEX MEDHH SEX White

11 MEDHH

12

13

14

15

16

17 Medical Saving Account Chia and Tsui Deber et al Gruber, JPauly and HerringPauly and Goodman

18

19 Arrow Eichner et al.

20

21 Eichner et al Tobit DeSarbo and Choi Palumbo

22 Amemiya, TAdvanced Econometrics, Harvard University Press, Cambridge. Basu, A., W. G. Manning and J. Mullahy, Comparing alternative models : Log vs Cox proportional hazard?, Health Economics, Blough, D. K., C. W. Madden and M. C. Hornbrook Modeling risk using generalized linear models, Journal of Health Economics, Buntin, M. B. and A. M. Zaslavsk, Too much ado about two part models and transformation? : Comparing methods of modeling Medicare expenditures, Journal of Health Economics, Chia,N.C.andA.K.C.Tsui, Medical savings accounts in Singapore : How much is adequate, Journal of Health Economics, Deber, R. B., E. L. Forget and L. L. Roos Medical savings accounts in a universal system : Wishful thinking meets evidence, Health Policy DeSarbo, W. S. and J. Choi A latent structure double hurdle regression model for exploring heterogeneity in consumer search patterns, Journal of Econometrics Duan, N., W. G. Manning, C. N. Morris and J. P. Newhouse A comparison of alternative models for the demand for medical care, Journal of Business and Economic Statistics Duan, N., W. G. Manning, C. N. Morris and J. P. NewhouseChoosing between the sample selection model and the multi part model,, Journal of Business and Economic Statistics, Eichner,M.J.,M.B.McClellanandD.A.Wise, Insurance or self insurance? : Variation, persistence, and individual health accounts, NBER Working Papers, No. Eichner,M.J.,M.B.McClellanandD.A.Wise D. Wise NBER Feenberg, D. and J. Skinner, The risk and duration of catastrophic health care expenditures, Review of Economics and Statistics, French, E. and J. B. Jones On the distribution and dynamics of health care costs, Journal of Applied Econometrics, Gruber, J., Insurance or self insurance? : variation, persistence, and individual health accounts : comment, Wise, D. A., ed. Inquiries in the economics of aging. NBER Project Report series, University of Chicago Press, pp Hay,J.W.andR.J.Olsen, Let them eat cake : A note on comparing alternative models for the demand of medical care, Journal of Business and Economics Statistics, Heckman, J. J., Sample selection as a specification error, Econometrica, Manning, W. G., The logged dependent variable, heteroscedasticity, and the retransformation problem, Journal of Health Economics,

23 Manning, W. G., A. Basu and J. Mullahy, Generalized modeling approaches to risk adjustment of skewed outcomes data, Journal of Health Economics, Manning, W. G. and J. Mullahy, Estimating log models : To transform or not to transform?, Journal of Health Economics, Mullahy, J., Much ado about two : Reconsidering retransformation and the two part model in health econometrics, Journal of Health Economics, Mullahy, J, Live long, live well : Quantifying the health of heterogeneous populations, Health Economics, Palumbo, M. G., Uncertain medical expenses and precautionary saving near the end of the life cycle, Review of Economic Studies, Pauly, M. and J. C. Goodman, Tax credits for health insurance and Medical Savings Account, Health Affairs, Spring. Pauly, M. V. and B. Herring, Cutting Taxes for Insuring : Options and Effects of Tax Credits for Health Insurance, AEI Press. Wooldridge, J. M., Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge. D. Wise NBER Tobit

Preliminary Version Manning et al. (1986) Rand Health Insurance Experiment Manning et al. (1986) 3 Medicare Me

Preliminary Version Manning et al. (1986) Rand Health Insurance Experiment Manning et al. (1986) 3 Medicare Me Preliminary Version. 600 * 14530029 12-1- Preliminary Version. 1 70 1 1997 9 1020 70 1 3 2 70 1 Manning et al. (1986) Rand Health Insurance Experiment 25 50 Manning et al. (1986) 3 Medicare Medicare Medicare

More information

橡同居選択における所得の影響(DP原稿).PDF

橡同居選択における所得の影響(DP原稿).PDF ** *** * 2000 13 ** *** (1) (2) (1986) - 1 - - 2 - (1986) Ohtake (1991) (1993) (1994) (1996) (1997) (1997) Hayashi (1997) (1999) 60 Ohtake (1991) 86 (1996) 89 (1997) 92 (1999) 95 (1993) 86 89 74 79 (1986)

More information

日本の高齢者世帯の貯蓄行動に関する実証分析

日本の高齢者世帯の貯蓄行動に関する実証分析 196 2017 * ** ** 1 2 3 JEL Classification Codes D14, D15, E21 Keywords * 28 Hyun- Hoon Lee Robert Owen Kwanho Shin ** 29 196 An Empirical Analysis of the Saving Behavior of Elderly Households in Japan

More information

Microsoft Word - Šv”|“Å‘I.DOC

Microsoft Word - Šv”|“Å‘I.DOC 90 ª ª * E-mailshinobu.nakagawa@boj.or.jp i ii iii iv SNA 1 70 80 2 80 90 80 80 90 1 80 90 98 6 1 1 SNA 2 1 SNA 80 1SNA 1 19931998 1 2-190 1,2 2 2-2 2-3,4 3 2-5 4 2030 2-3 3 2-15 97 20 90 2-15 9198 1.

More information

遺産相続、学歴及び退職金の決定要因に関する実証分析 『家族関係、就労、退職金及び教育・資産の世代間移転に関する世帯アンケート調査』

遺産相続、学歴及び退職金の決定要因に関する実証分析 『家族関係、就労、退職金及び教育・資産の世代間移転に関する世帯アンケート調査』 2-1. (2-1 ) (2-2 ) (2-3 ) (Hayashi [1986]Dekle [1989]Barthold and Ito [1992] [1996]Campbell [1997] [1998]Shimono and Ishikawa [2002]Shimono and Otsuki [2006] [2008]Horioka [2009]) 1 2-1-1 2-1-1-1 8 (1.

More information

ミクロ・データによる家計行動分析: 将来不安と予備的貯蓄

ミクロ・データによる家計行動分析: 将来不安と予備的貯蓄 subjective measures E-mailkeiko.murata@mfs.cao.go.jp subjective subjective measures Dardanoni Leland waiting option Browning and LusardiEngen and Gruber Carroll and Samwick PSIDPanel Study of Income Dynamics

More information

Ishi

Ishi Ishi HPhttp: // www.mof.go.jp / jouhou / syuzei / siryou /.htm.. or ERTA, TRA ERTA Economic Recovery Tax Act TRA Tax Reform Act Mroz Triest Lindsey Burtless Navrati Lindsey Burtless Navrati CPS Current

More information

わが国企業による資金調達方法の選択問題

わが国企業による資金調達方法の選択問題 * takeshi.shimatani@boj.or.jp ** kawai@ml.me.titech.ac.jp *** naohiko.baba@boj.or.jp No.05-J-3 2005 3 103-8660 30 No.05-J-3 2005 3 1990 * E-mailtakeshi.shimatani@boj.or.jp ** E-mailkawai@ml.me.titech.ac.jp

More information

Autumn II III Zon and Muysken 2005 Zon and Muysken 2005 IV II 障害者への所得移転の経済効果 分析に用いるデータ

Autumn II III Zon and Muysken 2005 Zon and Muysken 2005 IV II 障害者への所得移転の経済効果 分析に用いるデータ 212 Vol. 44 No. 2 I はじめに 2008 1 2 Autumn 08 213 II III Zon and Muysken 2005 Zon and Muysken 2005 IV II 障害者への所得移転の経済効果 17 18 1 分析に用いるデータ 1 2005 10 12 200 2 2006 9 12 1 1 2 129 35 113 3 1 2 6 1 2 3 4 4 1

More information

Stepwise Chow Test * Chow Test Chow Test Stepwise Chow Test Stepwise Chow Test Stepwise Chow Test Riddell Riddell first step second step sub-step Step

Stepwise Chow Test * Chow Test Chow Test Stepwise Chow Test Stepwise Chow Test Stepwise Chow Test Riddell Riddell first step second step sub-step Step Stepwise Chow Test * Chow Test Chow Test Stepwise Chow Test Stepwise Chow Test Stepwise Chow Test Riddell Riddell first step second step sub-step Stepwise Chow Test a Stepwise Chow Test Takeuchi 1991Nomura

More information

税制改正にともなう家計の所得弾性値 : 高齢者パネルデータによる実証分析

税制改正にともなう家計の所得弾性値 : 高齢者パネルデータによる実証分析 Kwansei Gakuin University Rep Title Author(s) 税制改正にともなう家計の所得弾性値 : 高齢者パネルデータによる実証分析 Uemura, Toshiyuki, 上村, 敏之 ; Kitamura Takayuki, 金田, 陸幸 Citation 経済学論究, 69(4): 1-16 Issue Date 2016-3-20 URL http://hdl.handle.net/10236/14671

More information

Attendance Demand for J-League õ Shinsuke KAWAI* and Takeo HIRATA* Abstract The purpose of this study was to clarify the variables determining the attendance in J-league matches, using the 2,699 J-league

More information

2 Tobin (1958) 2 limited dependent variables: LDV 2 corner solution 2 truncated censored x top coding censor from above censor from below 2 Heck

2 Tobin (1958) 2 limited dependent variables: LDV 2 corner solution 2 truncated censored x top coding censor from above censor from below 2 Heck 10 2 1 2007 4 6 25-44 57% 2017 71% 2 Heckit 6 1 2 Tobin (1958) 2 limited dependent variables: LDV 2 corner solution 2 truncated 50 50 censored x top coding censor from above censor from below 2 Heckit

More information

SNAと家計調査における貯蓄率の乖離-日本の貯蓄率低下の要因-

SNAと家計調査における貯蓄率の乖離-日本の貯蓄率低下の要因- RIETI Discussion Paper Series 10-J-003 RIETI Discussion Paper Series 10-J-003 2009 年 12 月 SNA と家計調査における貯蓄率の乖離 - 日本の貯蓄率低下の要因 - 宇南山卓 ( 神戸大学大学院経済学研究科 ) 要 旨 SNA と家計調査から計算される家計貯蓄率の乖離の原因を明らかにし 日本の貯蓄率の低下の原因を考察した

More information

,.,,.,. NIRA,.,.,,, GDP.,., 1%, 2.0% 3).,,.,,., 1, 4).,,.,, GDP,.,,.,,,.,,., 2002.,,., 3), Q&A Q16 (http://www.stat.go.jp/data/kakei/qa-1.ht

,.,,.,. NIRA,.,.,,, GDP.,., 1%, 2.0% 3).,,.,,., 1, 4).,,.,, GDP,.,,.,,,.,,., 2002.,,., 3), Q&A Q16 (http://www.stat.go.jp/data/kakei/qa-1.ht 1, 1, 2011 4 3-28,,.,,.,.,,.,,.,,.,.,. 1., 1), 1946.,, GDP,.,,,.,,., (2008) ( NIRA ), 23,.,,, 2).,,,.,,.,,., 657-8501 2-1, E-mail: unayama@person.kobe-u.ac.jp 1) 1. 2), 1990 2 21, 1993 6 12. 3 1 1 2011

More information

ed srv.cc.hit-u.ac.jp

ed srv.cc.hit-u.ac.jp 5 [ ] Two-Part Model contract decision frequency decision 1st Part 0.034 2nd Part 0.902 Full Price Model Full Price Elasticity Two-Part Model 1 15 1 2003 31.5 8.55 50.4 65 2 E-Mail: ed042007 srv.cc.hit-u.ac.jp

More information

JSPS Grants-in-Aid for Creative Scientific Research Understanding Inflation Dynamics of the Japanese Economy Working Paper Series No.7 日本家計の消費 貯蓄 労働プロ

JSPS Grants-in-Aid for Creative Scientific Research Understanding Inflation Dynamics of the Japanese Economy Working Paper Series No.7 日本家計の消費 貯蓄 労働プロ Title 日本家計の消費 貯蓄 労働プロファイル Author(s) 阿部, 修人 ; 稲倉, 典子 Citation Issue 2007-02-14 Date Type Technical Report Text Version publisher URL http://hdl.handle.net/10086/13627 Right Hitotsubashi University Repository

More information

4703ALL01

4703ALL01 473201010 *** (1999) 16 2017 20023 2 1 2 1220 (1999a),(1999b) (1998), (2002) (2003)(1999)(2003) Conjoint Analysis Conjoint Analysis Willingness to PayStandard gamble Time trade-off Rating Scale Willingness

More information

DP

DP KEIO UNIVERSITY MARKET QUALITY RESEARCH PROJECT (A 21 st Century Center of Excellence Project) DP2004-13 * ** * ** Graduate School of Economics and Graduate School of Business and Commerce, Keio University

More information

Hi-Stat Discussion Paper Series No.248 東京圏における 1990 年代以降の住み替え行動 住宅需要実態調査 を用いた Mixed Logit 分析 小林庸平行武憲史 March 2008 Hitotsubashi University Research Unit

Hi-Stat Discussion Paper Series No.248 東京圏における 1990 年代以降の住み替え行動 住宅需要実態調査 を用いた Mixed Logit 分析 小林庸平行武憲史 March 2008 Hitotsubashi University Research Unit Hi-Stat Discussion Paper Series No.248 東京圏における 1990 年代以降の住み替え行動 住宅需要実態調査 を用いた Logit 分析 小林庸平行武憲史 March 2008 Hitotsubashi University Research Unit for Statistical Analysis in Social Sciences A 21st-Century

More information

( β K ) p β W W p β K K aβ β W W β β K K ) 1/(βW +β K ) 3 ln C =lnα + 1 β W + β K ln Q (3) 1/(β W + β K ) ( β W + β K ) 4 ( ) ( ) (1998 2 1 3 ) ( 1998

( β K ) p β W W p β K K aβ β W W β β K K ) 1/(βW +β K ) 3 ln C =lnα + 1 β W + β K ln Q (3) 1/(β W + β K ) ( β W + β K ) 4 ( ) ( ) (1998 2 1 3 ) ( 1998 3 1 1993-1995 ( Cobb-Douglas ) (1998 2 3 ) ( ) 17 (1998 2 1 ) 1 Christensen, Jorgensonand Lau (1973) 1983 ( ) 2 W = K = β W,β K > 0 Q = aw βw K βk (1) C = αq 1/(βW +βk) (2) 10 ( (A) (A03) ) ( ) ( ) 1 2

More information

取引銀行の破綻が企業経営に及ぼす影響について-阪和銀行破綻の事例分析-

取引銀行の破綻が企業経営に及ぼす影響について-阪和銀行破綻の事例分析- 2 JEL Classification: G21, G14 Key words: e-mail y-murakami@aria.ocn.ne.jp 1 The Effect of Bank Failure on Client Firms A Study on the Hanwa Bank s Failure By Yoshiko Murakami Abstract The financial theories

More information

第3章.DOC

第3章.DOC 000 Ben-Akiva and Lerman, 1985 1996 1996 4 1997 Banister, 1978; Verplanken et al., 1998 1 5 1996 3 () (I n ) 1 18 I n n P n (1) P n ( 1) = exp exp ( Vn 1 ) I n 1 ( V ) + exp µ ln exp ( V ) n1 + i= ni (3.1)

More information

橡DP9802.PDF

橡DP9802.PDF 21 Japan s Labor Force in the Year 2020 2020 2020 600 30 60 65 30 21 20 20 2020 2020 (1) 1 (2) (3) 1 1992 9 2025 2025 1997 1 2050 10 2050-1 - consensus estimate 21 (1995) (1997) (estimation) calibration

More information

untitled

untitled 2 book conference 1990 2003 14 Repeated Cross-Section Data 1 M1,M2 M1 Sekine(1998) Repeated Cross-Section Data 1 1. (1989), Yoshida and Rasche(1990), Rasche(1990), 19921997, Fujiki and Mulligan(1996),

More information

? * Bernheim(1991) Annuity Offset Model Keyword 6-1 Tel: Fax: *

? * Bernheim(1991) Annuity Offset Model Keyword 6-1 Tel: Fax: * Discussion Paper No. 518 2000 10 ? * Bernheim(1991) Annuity Offset Model Keyword 6-1 Tel: 06-6879-8581 Fax:06-6878-2766 E-mail: suzuki@iser.osaka-u.ac.jp * 1999 12 1 1997 1996 2000 E 1992 86 68% 1997 1

More information

4.9 Hausman Test Time Fixed Effects Model vs Time Random Effects Model Two-way Fixed Effects Model

4.9 Hausman Test Time Fixed Effects Model vs Time Random Effects Model Two-way Fixed Effects Model 1 EViews 5 2007 7 11 2010 5 17 1 ( ) 3 1.1........................................... 4 1.2................................... 9 2 11 3 14 3.1 Pooled OLS.............................................. 14

More information

C. R. McKenzie 2003 3 2004 ( 38 ) 2 2004 2005 (Keio Household Panel Survey) control group treatment group 1

C. R. McKenzie 2003 3 2004 ( 38 ) 2 2004 2005 (Keio Household Panel Survey) control group treatment group 1 KEIO UNIVERSITY MARKET QUALITY RESEARCH PROJECT (A 21 st Century Center of Excellence Project) DP2005-020 * C. R. McKenzie** 2003 3 2004 ( 38 ) 2 2004 2005 (Keio Household Panel Survey) control group treatment

More information

46−ª3�=4�“ƒ‚S“·‚Ö‡¦

46−ª3�=4�“ƒ‚S“·‚Ö‡¦ 463420101 1. 1989, Yoshida and Rasche1990, Rasche1990, 19921997, Fujiki and Mulligan1996, 1996, Sekine1998, 2001, Fujiki2002, 2003, 2004 Bahmani-Oskooee and Shabsigh1996, Amano and Wirjanto2000, Bahmani-Oskooee

More information

GDP tax expenditure GDP GDP GDP TANF GDP

GDP tax expenditure GDP GDP GDP TANF GDP 特集 : アメリカの社会保障 21 世紀のアメリカ社会保障 渋谷博史 中浜隆 櫻井潤 1 2 3 1 2 1960 1980 1963 1980 Reaganomics 1960 1990 2000 1 21 1960 1980 4 21 1950 1 2 1 2 3 2 1 2 3 3 2 2-1 1 2006 1 GDP 8.9 2 tax expenditure GDP 0.7 0.8 4 3

More information

日本の世帯属性別貯蓄率の動向について:アップデートと考察

日本の世帯属性別貯蓄率の動向について:アップデートと考察 RIETI Discussion Paper Series 18-J-024 RIETI Discussion Paper Series 18-J-024 2018 年 8 日本の世帯属性別貯蓄率の動向について : アップデートと考察 1 宇南 卓 ( 経済産業研究所 ) 野太郎 ( 信州 学 ) 要 旨 全国消費実態調査 家計調査 家計消費状況調査を補完的に利用することでマクロ統計と整合的な貯蓄率のデータを構築した宇南山

More information

2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura, Reject American Economic Review, Journal of Political Econom

2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura, Reject American Economic Review, Journal of Political Econom 1) IOC Major League Baseball s MLB Blue Ribbon Panel Levin et al. 1) Yamamura and Shin, 2005 a ; 2005 b ; 2005 c communication 2) 3) 2) Ohkusa, 1996 ; 1999 ; Ohtake and Ohkusa, 1994 ; La Croix and A. Kawamura,

More information

untitled

untitled 2 21 1984 50 3500 4200 1 3 1 1985 1984 1 2 1984 50 3 2 3 4 1 1989 35 3 4 5 22 3 1 19811984 19841987 1989 1981 1985 13 1984 1984 1986 1985 20 10 1987 10 2 36 1989 65 1989 1953 1985 60 1933 6.71% 43 3.15%53

More information

高齢化とマクロ投資比率―国際パネルデータを用いた分析―

高齢化とマクロ投資比率―国際パネルデータを用いた分析― 196 2017 * ** ** ** ** 160 2 2 JEL Classification Codes E21, E22, J11 Keywords * ESRI 28 ESRI 29 3 17 ESRI ** 115 196 Population Aging and Domestic Investment An Analysis Using International Panel Data

More information

保障領域のニーズシフトに関する研究

保障領域のニーズシフトに関する研究 SSJDA25 June 2003 1 5 12 35 60 68 2001 2001 40 51-1 - ( - 2 - 63 12 63 12 3 12 12 Deaton and Paxon(1993,1994),Deaton(1997) - 3 - - 4 - ( ) (0,1) (1) Crosby(1987), (Own Egent) 1 1. 1.1 1.2 63 12 2. 2.1

More information

,,,

,,, 法定割増賃金率の引き上げが時間外労働時間 * および有給休暇の付与 取得に与える影響 深堀遼太郎萩原里紗 Keio Household Panel Survey: KHPS Difference in Differences DD ,,, Hamermesh, Trejo, Keio Household Panel Survey: KHPS KHPS URL http://www.mhlw.go.jp/topics/

More information

1990年代以降の日本の経済変動

1990年代以降の日本の経済変動 1990 * kenichi.sakura@boj.or.jp ** hitoshi.sasaki@boj.or.jp *** masahiro.higo@boj.or.jp No.05-J-10 2005 12 103-8660 30 * ** *** 1990 2005 12 1990 1990 1990 2005 11 2425 BIS E-mail: kenichi.sakura@boj.or.jp

More information

推定モデル

推定モデル 2004 6 90 6 12 90 2000 2001 40 2001 131E-mail. kohara@osipp.osaka-u.ac.jp ** *** 1 1992 2.2% 99 4.7 2002 5.4% Machin and Manning (1999) Duration Dependence Turon (2003) Bover, Arellano and Betolila (2002)

More information

No.9 3 4 4 5 6 9 9 13 15 15 17 21 23 27 31 2 1990 95 3 1 1 65 1 50 50 1 (2000) 4 1989 2 20% 26% 90 1 2 89 12 5 95 3 94 96 98 99 5 4 50 4 1 3 5 700 1,200 40 1,000 2 87 70% 15 60% 12 89 50% 5 3 95 1 4 90

More information

Masanori Hashimoto Rene Fahr and Hilmar Schneider 1. Hashimoto, Masanori Fahr, Rene and Hilmar Schneider Hashimoto, Masanori 2004 Fahr

Masanori Hashimoto Rene Fahr and Hilmar Schneider 1. Hashimoto, Masanori Fahr, Rene and Hilmar Schneider Hashimoto, Masanori 2004 Fahr 17 6 22 Masanori Hashimoto Rene Fahr and Hilmar Schneider 1. Hashimoto, Masanori Fahr, Rene and Hilmar Schneider 2. 2004 Hashimoto, Masanori 2004 Fahr, Rene and Hilmar Schneider 2004-1 - Fahr and Schneider2004

More information

OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Br

OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Br IFRS. OECD Benartzi and Thaler Brown et al. Mottla and Utkus Rooiji et al. Atkinson et al. MacFarland et al. Elton et al. Tang et al. Benartzi and Thaler Brown et al. /n Benartzi and Thaler n /n Benartzi

More information

山形大学紀要

山形大学紀要 x t IID t = b b x t t x t t = b t- AR ARMA IID AR ARMAMA TAR ARCHGARCH TARThreshold Auto Regressive Model TARTongTongLim y y X t y Self Exciting Threshold Auto Regressive, SETAR SETARTAR TsayGewekeTerui

More information

Winter 図 1 図 OECD OECD OECD OECD 2003

Winter 図 1 図 OECD OECD OECD OECD 2003 266 Vol. 44 No. 3 I 序論 Mirrlees 1971 Diamond 1998 Saez 2002 Kaplow 2008 1 700 900 1, 300 1, 700 II III IV V II わが国の再分配の状況と国際比較 OECD Forster and Mira d Ercole 2005 2006 2001 Winter 08 267 図 1 図 2 2000 2

More information

<96D889BA904D2E696E6464>

<96D889BA904D2E696E6464> 615 379 1 1995 10 OECD 1995 380 616 57 3 1993 4 3071 2003 1 3247 10 10 4 1 1990 2000 2003 10 617 381 2002 2 3 4 5 2 1 1990 1995 1995 12 1995 IPP Independent Power Producer 1 2004a, b 2005a, b 382 618 57

More information

競売不動産からみた首都圏地価の動向

競売不動産からみた首都圏地価の動向 E-mail : yumi.saita@boj.or.jp http://bit.sikkou.jp STYLE m m LancasterRosen Suzaki and Ohta Nagai, Kondo and Ohta i P i n lnp i = + jln X ij + k D ik + TD i + i. m j =1 k =1 X ij j D ik k TD i

More information

Law and Economics Review vol.4,no.1(february 2009) 1998

Law and Economics Review vol.4,no.1(february 2009) 1998 Law and Economics Review vol.4,no.1(february 2009) 1998 1 500 No.93 1999114 2 195072119885021 19901991 3 Foreign Investment and National Security Act of 200720071024effective 1986 CFIUS2008831CFIUS web

More information

ワールド・ワイド 10‐2(P)/3.中尾

ワールド・ワイド 10‐2(P)/3.中尾 28 1 35 35 1 2003 35 2 3 4 29 1965 1998 35 1000 5 647 1960 6 35 7 8 2 30 10 2 2. 1 2. 2 2. 3 3 3. 1 3. 2 4 2 2 2. 1 9 1 2003 1 647 10 t π macro 1 1964 1998 31 t- π macro 7.21 0.12 t 31.3610.65 R 2 0.77

More information

4602all‘C’³flÅ

4602all‘C’³flÅ 46220097 15 21.812 5 1 1 2004 15117 2 2005 3 5 6 2005 B 1 2 3 200321.8 4 5 4 6 7 1513 4 28 152400 15 2 6000 415869.3 1562777 Repeated Cross-Section Data 2 1 2 21.8 7 23 81 7 1a 1 125 1257.230 1 1b 47 47

More information

p.

p. Asset Allocation of Defined Contribution Pension Plan Participants and Impact of Systemic Transition Sayuri NISHIDA Keiko MURAKAMI Yoshiko NISHIMURA Abstract Many participants of a defined contribution

More information

;; ; ;; ;;; ; ;; ;; ;; ; ;; ; ;; ; ;;;; ;; ;;;;;;; ;;;;;;;; ;;;;;;;;; ;;;;;;; ;;;;;;; ;;;;;;; ;;;;;;;; Harvard

More information

Psacharopulos Psacharopulos and Patrinos (1) Byron and Takahashi McMahon and Boediono Duflo (2)

Psacharopulos Psacharopulos and Patrinos (1) Byron and Takahashi McMahon and Boediono Duflo (2) Psacharopulos Psacharopulos and Patrinos (1) Byron and Takahashi McMahon and Boediono Duflo (2) (3) Survei Sosial Economi NasionalNational Socio-economic Survey SUSENAS KorModul (4) SUSENAS (5) (6) t

More information

And Business

And Business Discussion Papers In Economics And Business Discussion Paper 03-06 Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University, Toyonaka, Osaka 560-0043, JAPAN

More information

1950 1970 1990 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 6,788 7,123 5,384 4,915 4,908 4,927 4,895 4,919 4,936 4,927 4,897 5,010 5,008 1,456 1

1950 1970 1990 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 6,788 7,123 5,384 4,915 4,908 4,927 4,895 4,919 4,936 4,927 4,897 5,010 5,008 1,456 1 1950 1970 1990 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 6,788 7,123 5,384 4,915 4,908 4,927 4,895 4,919 4,936 4,927 4,897 5,010 5,008 1,456 1,616 927 824 826 821 813 808 802 803 801 808 806 18,483

More information

Title ベンチャー企業の研究開発支出の決定要因 日本と台湾の事例を中心に Author(s) 蘇, 顯揚 Citation 經濟論叢 (1996), 158(1): Issue Date URL Right

Title ベンチャー企業の研究開発支出の決定要因 日本と台湾の事例を中心に Author(s) 蘇, 顯揚 Citation 經濟論叢 (1996), 158(1): Issue Date URL   Right Title ベンチャー企業の研究開発支出の決定要因 日本と台湾の事例を中心に Author(s) 蘇, 顯揚 Citation 經濟論叢 (1996), 158(1): 54-76 Issue Date 1996-07 URL https://doi.org/10.14989/45083 Right Type Departmental Bulletin Paper Textversion publisher

More information

seminar0220a.dvi

seminar0220a.dvi 1 Hi-Stat 2 16 2 20 16:30-18:00 2 2 217 1 COE 4 COE RA E-MAIL: ged0104@srv.cc.hit-u.ac.jp 2004 2 25 S-PLUS S-PLUS S-PLUS S-code 2 [8] [8] [8] 1 2 ARFIMA(p, d, q) FI(d) φ(l)(1 L) d x t = θ(l)ε t ({ε t }

More information

fiúŁÄ”s‘ê‡ÌŁª”U…−…X…N…v…„…~…A…•‡Ì ”s‘ê™´›ß…−…^†[…fiŠ‚ª›Âfl’«

fiúŁÄ”s‘ê‡ÌŁª”U…−…X…N…v…„…~…A…•‡Ì ”s‘ê™´›ß…−…^†[…fiŠ‚ª›Âfl’« 2016/3/11 Realized Volatility RV 1 RV 1 Implied Volatility IV Volatility Risk Premium VRP 1 (Fama and French(1988) Campbell and Shiller(1988)) (Hodrick(1992)) (Lettau and Ludvigson (2001)) VRP (Bollerslev

More information

2 3 4 II. 8 10 12 14 20 8 6,000 3,695 61.6 10 6,000 3754 62.6 12 5,010 3,111 62.1 149,000558362.0 62% 4 2059 ++5 4 78.3 (2%) 2002 3 8 10,12 14 8

2 3 4 II. 8 10 12 14 20 8 6,000 3,695 61.6 10 6,000 3754 62.6 12 5,010 3,111 62.1 149,000558362.0 62% 4 2059 ++5 4 78.3 (2%) 2002 3 8 10,12 14 8 453200810 I. Dicks-Mireaux and King (1983)Hubbard (1985) Dicks-Mireaux and King (1983)Hubbard (1985)(1990)(2000) Attanasio and Brugiavini(2003), Attanasio and Rohwedder(2003) (unobservable) heterogeneity

More information

CO CO2 1 CO2 CO2 CO2 CO CO2 CO2 CO2 9 3CO2 CO2 a, b2 a a1 a2 a3 a4 b a 3 ELC-CO2 CO2 CO2 CO2 Vol.2 No Spring 3

CO CO2 1 CO2 CO2 CO2 CO CO2 CO2 CO2 9 3CO2 CO2 a, b2 a a1 a2 a3 a4 b a 3 ELC-CO2 CO2 CO2 CO2 Vol.2 No Spring 3 CO2 CO2 CO2 LCA HAYASHI, Yoshitsugu KATO, Hirokazu UENO, Yoichi 1 CO2 2 CO2 1 3 2 1 1 8 6 4 2 4 2 % 89 1975 198 199 CO2 CO2 2 CO2 1 1989 35,7 CO2 21 26. 5 1 15 19971 19.4 115. 12.6 117.2 1,5cc1,2kg15 12km/l1,km1

More information

研究シリーズ第40号

研究シリーズ第40号 165 PEN WPI CPI WAGE IIP Feige and Pearce 166 167 168 169 Vector Autoregression n (z) z z p p p zt = φ1zt 1 + φ2zt 2 + + φ pzt p + t Cov( 0 ε t, ε t j )= Σ for for j 0 j = 0 Cov( ε t, zt j ) = 0 j = >

More information

物価変動の決定要因について ― 需給ギャップと物価変動の関係の国際比較を中心に―

物価変動の決定要因について ― 需給ギャップと物価変動の関係の国際比較を中心に― NAIRU NAIRU NAIRU GDPGDP NAIRUNon- Accelerating Inflation Rate of Unemployment GDP GDP NAIRU Lown and RichFisher, Mahadeva and Whitley raw materials G NAIRUTurnerFai WatanabeNAIRU Watanabe nested NAIRU

More information

ビールと発泡酒の税率と経済厚生

ビールと発泡酒の税率と経済厚生 RIETI Discussion Paper Series 12-J-019 RIETI Discussion Paper Series 12-J-019 2012 年 6 月 ビールと 発 泡 酒 の 税 率 と 経 済 厚 生 * 慶 田 昌 之 ( 立 正 大 学 ) 要 旨 本 稿 では, 近 年 ビール 系 飲 料 として 販 売 されている 発 泡 酒 の 登 場 によって 発 生 している

More information

村本 孜51‐85/51‐85

村本 孜51‐85/51‐85 One for all, all for one. One for all, all for one. ( One for all, all for one. ) One for all, all for one. ( One for all, all for one. ) One for all, all for one. Manes, A. (1877~1963) [2006] p. 37 Raiffisen

More information

The Institute for Economic Studies Seijo University 6 1 20, Seijo, Setagaya Tokyo 157-8511, Japan The Institute for Economic Studies Green Paper No. 59 Consumers Decision on the Choice of Small Payment

More information

50-4 平井健之.pwd

50-4 平井健之.pwd GDP GNP Gupta 1967, Wagner and Weber 1977, Mann 1980, Abizadeh and Gray 1985, Ram 1987, Abizadeh and Yousefi 1988, Nagarajan and Spears 1990 GDP GNP GDP GNP GDP GNP Adolph Wagner Wagner 1967 Ram 1987,

More information

【表紙】経済学論叢_18号/表1・3・背

【表紙】経済学論叢_18号/表1・3・背 Blanchard Solow Solow Galor and Tsiddon ,, , ,, ,,,,,, a if b c if if CES CES,,,,,,. Bowles Ciccone and Peri, .,, Bowles Hamermesh Antras Ciccone and Peri CES CES Krusell et al. Duffy et al. Hornstein

More information

4 2 p = p(t, g) (1) r = r(t, g) (2) p r t g p r dp dt = p dg t + p g (3) dt dr dt = r dg t + r g dt 3 p t p g dt p t 3 2 4 r t = 3 4 2 Benefit view dp

4 2 p = p(t, g) (1) r = r(t, g) (2) p r t g p r dp dt = p dg t + p g (3) dt dr dt = r dg t + r g dt 3 p t p g dt p t 3 2 4 r t = 3 4 2 Benefit view dp ( ) 62 1 1 47 2 3 47 2 e-mail:miyazaki@ngu.ac.jp 1 2000 2005 1 4 2 p = p(t, g) (1) r = r(t, g) (2) p r t g p r dp dt = p dg t + p g (3) dt dr dt = r dg t + r g dt 3 p t p g dt p t 3 2 4 r t = 3 4 2 Benefit

More information

BB 報告書完成版_修正版)040415.doc

BB 報告書完成版_修正版)040415.doc 3 4 5 8 KW Q = AK α W β q = a + α k + βw q = log Q, k = log K, w = logw i P ij v ij P ij = exp( vij ), J exp( v ) k= 1 ik v i j = X β αp + γnu j j j j X j j p j j NU j j NU j (

More information

2 1,2, , 2 ( ) (1) (2) (3) (4) Cameron and Trivedi(1998) , (1987) (1982) Agresti(2003)

2 1,2, , 2 ( ) (1) (2) (3) (4) Cameron and Trivedi(1998) , (1987) (1982) Agresti(2003) 3 1 1 1 2 1 2 1,2,3 1 0 50 3000, 2 ( ) 1 3 1 0 4 3 (1) (2) (3) (4) 1 1 1 2 3 Cameron and Trivedi(1998) 4 1974, (1987) (1982) Agresti(2003) 3 (1)-(4) AAA, AA+,A (1) (2) (3) (4) (5) (1)-(5) 1 2 5 3 5 (DI)

More information

Microsoft Word - Šv”|.DOC

Microsoft Word - Šv”|.DOC ª ª * E-mail : shinobu.nakagawa@boj.or.jp ** E-mail : tomoko.katagiri@boj.or.jp i ii iii 1-1 70 6 2 90 1 1 1-2 90 2 3 90 1-1 70 3 1 2 93 97 98 98 98 98/4 3 1 1-2 35 1 80 90 25060 510 4 4 90 5 6 or 7 1

More information

JILPT Discussion Paper 05-013 2005 7 - 2-3 3 3 4 4 5 5 5 6 7 8 9 9 10 10 10 10 10 12 12 14 15 20 - 3 - Schaie, 1980-4 - - 5-11 33 44 19 22 7 (1994) 20 30 2 3 4 5 5 20 (2002) DELL Dimemsin4500C CRT 1 1

More information

y i OLS [0, 1] OLS x i = (1, x 1,i,, x k,i ) β = (β 0, β 1,, β k ) G ( x i β) 1 G i 1 π i π i P {y i = 1 x i } = G (

y i OLS [0, 1] OLS x i = (1, x 1,i,, x k,i ) β = (β 0, β 1,, β k ) G ( x i β) 1 G i 1 π i π i P {y i = 1 x i } = G ( 7 2 2008 7 10 1 2 2 1.1 2............................................. 2 1.2 2.......................................... 2 1.3 2........................................ 3 1.4................................................

More information

財政のサステナビリティと長期金利の動向

財政のサステナビリティと長期金利の動向 * nakaza-t@hoffman.cc.sophia.ac.jp ** yutaka.soejima@boj.or.jp ()*** **** munehisa.kasuya@boj.or.jp No.03-J-7 2003 10 103-8660 30 * **()******* * ** () *** **** 2003 10 (i) (ii) Keywords: government bonds,

More information

デフレ不況下の金融政策をめぐる政治過程

デフレ不況下の金融政策をめぐる政治過程 1991 2003 GDP....................................... http://www.stat.go.jp/ http://www.boj.or.jp/ GDP http://www.esri.cao.go.jp/ GDP - - - inflation targeting Krugman a IS-LM liquidity trap Krugman b Krugman

More information

1 1. Essays on the Risk Premium in the U.S. Financial Markets, 1992 6 2 1. 2015 10 2. 290 2015 5 3. 358 2014 8 4. 299 2012 3 5. 286 2011 10 6. 233 201

1 1. Essays on the Risk Premium in the U.S. Financial Markets, 1992 6 2 1. 2015 10 2. 290 2015 5 3. 358 2014 8 4. 299 2012 3 5. 286 2011 10 6. 233 201 186-0004 1. 2. 2 3. 33 4. 17 5. 48 6. 2 7. 16 8. 3 NIRA 9. 44 1 1. Essays on the Risk Premium in the U.S. Financial Markets, 1992 6 2 1. 2015 10 2. 290 2015 5 3. 358 2014 8 4. 299 2012 3 5. 286 2011 10

More information

表紙_目次.PDF

表紙_目次.PDF JIL 2 1980 vol.3 15 3 1 3 15 18 IT 26 28 33 20 OECD 80 90 (1998) (2000) 2 Aghion et al. (1999) OECD 1970 1 2 70 1980 90 1.1 Kuznets U inverted U-shaped hypothesis GNP U 1 18901940 6 3 Kuznets(1955) (1963)

More information

株式保有構成と企業価値 ─コーポレート・ガバナンスに関する一考察─

株式保有構成と企業価値 ─コーポレート・ガバナンスに関する一考察─ q E-mail: kenji.nishizaki@boj.or.jp E-mail: kurasawa@ynu.ac.jp OECD Vives Tirole Shleifer and Vishny q %% %% % % Allen and Gale %% % Admati, Pfreiderer and Zechner Burkart, Gromb and Panunzi Cremer 1995Pagno

More information

2 2 3 4 5 5 6 10 14 17 18 18 20

2 2 3 4 5 5 6 10 14 17 18 18 20 1. 1990 2001 38 02 2. 90 3. 00 3 4. 02 5.5 3.6 2 5. 02 03 GDP 0 2 2 3 4 5 5 6 10 14 17 18 18 20 1930 50 81090 10 2001 38 2.2 2.301 7 02 3.603 5 3.5 FRB03 2 11 BS BS BS 90 1 Personal Income and Its Disposition

More information

untitled

untitled 10 10 10 5 10 2 3 4 5 90 2 11 17 5 7 12 7 1 17 12 3 31 6 25 10 6 15 7 26 9 26 16 10 23 17 3 20 16 1-2-2 1969 92 98 Ph.D 99 02 05 7 1 6 10 200 6 4.8 10 4 5900 10 4000 48 5 500 250 250 125 500 10 72 362

More information

Juntendo Medical Journal

Juntendo Medical Journal * Department of Health Science Health Sociology Section, Juntendo University School of Health and Sports Science, Chiba, Japan (WHO: Ottawa Charter for Health promotion, 1986.) (WHO: Bangkok Charter

More information

SUSENAS Kor Modul (2) (3) (4)

SUSENAS Kor Modul (2) (3) (4) (1) Survei Sosial Economi NasionalNational Socio-economic Survey SUSENAS Kor Modul (2) (3) (4) SUSENAS SUSENAS SUSENAS / (5) t p t p SUSENAS t SUSENAS SUSENAS t p ( ( t p SUSENAS t SUSENAS (6) Oey-Gardiner

More information

1 1 1 [2000]

1 1 1 [2000] * 2000 7 26 1 1 1 [2000] 1 2 1 2 2 1 B to C 250000 億円 200000 日本米国 213,200 150000 100000 50000 0 153,600 106,900 71,100 66,620 42,700 43,860 22,500 26,940 15,340 645 3,360 7,730 1998 年 1999 年 2000 年 2001

More information

2 / 24

2 / 24 2017 11 9 1 / 24 2 / 24 Solow, 1957 total factor productivity; TFP 5% 経済成長率の要因分解 4% 3% 2.68% 2.51% 2% 1% 0% 1.63% 1.50% 0.34% 0.42% 0.55% 0.97% 1.14% 0.86% 0.13% -0.59% -0.59% -0.09% 0.01% -1% 1970-80

More information

2 fukui@econ.tohoku.ac.jp http://www.econ.tohoku.ac.jp/~fukui/site.htm 200 7 Cookbook-style . (Inference) (Population) (Sample) f(x = θ = θ ) (up to parameter values) (estimation) 2 3 (multicolinearity)

More information

KATO, Hironori ONODA, Keiichi KIMATA, Masaki Becker DeSerpa 7 8 value of saving time Value of Travel Time Saving VTTS 002 Vol.

KATO, Hironori ONODA, Keiichi KIMATA, Masaki Becker DeSerpa 7 8 value of saving time Value of Travel Time Saving VTTS 002 Vol. KATO, Hironori ONODA, Keiichi KIMATA, Masaki 1 2 3 4 5 6 2 2.1 Becker 1 26 DeSerpa 78 value of saving time Value of Travel Time Saving VTTS 2 Vol.9 No.2 26 Summer 2.2 9111 X T xt Pt i i c i i I T ˆt i

More information

z.prn(Gray)

z.prn(Gray) 1. 90 2 1 1 2 Friedman[1983] Friedman ( ) Dockner[1992] closed-loop Theorem 2 Theorem 4 Dockner ( ) 31 40 2010 Kinoshita, Suzuki and Kaiser [2002] () 1) 2) () VAR 32 () Mueller[1986], Mueller ed. [1990]

More information

IMES DISCUSSION PAPER SERIES Discussion Paper No. 99-J-17 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 100-8630 203 IMES Discussion Paper Series 99-J-17 1999 6 * JEL classification E52 E58

More information

59-1・2 鳥居昭夫・春日教測 .pwd

59-1・2 鳥居昭夫・春日教測 .pwd logit JEL Classifications: D10, M30, L82 Wilbur 2008 Shishikura et al. 2018 and de Gracia 2012 Bayraktaroglu et al. 2018 Carare and Zentner 2012 Carare and Zentner 2012 Train et al. 1987 Hendel 1999 Spence

More information

1 Nelson-Siegel Nelson and Siegel(1987) 3 Nelson-Siegel 3 Nelson-Siegel 2 3 Nelson-Siegel 2 Nelson-Siegel Litterman and Scheinkman(199

1 Nelson-Siegel Nelson and Siegel(1987) 3 Nelson-Siegel 3 Nelson-Siegel 2 3 Nelson-Siegel 2 Nelson-Siegel Litterman and Scheinkman(199 Nelson-Siegel Nelson-Siegel 1992 2007 15 1 Nelson and Siegel(1987) 2 FF VAR 1996 FF B) 1 Nelson-Siegel 15 90 1 Nelson and Siegel(1987) 3 Nelson-Siegel 3 Nelson-Siegel 2 3 Nelson-Siegel 2 Nelson-Siegel

More information

物価指数の計測誤差と品質調整手法:わが国CPIからの教訓

物価指数の計測誤差と品質調整手法:わが国CPIからの教訓 CPICPI CPI CPI CPI CPI Economic Perspective Shiratsukaa Consumer Price IndexCPI CPI CPI CPI CPI Advisory Commission to Study the Consumer Price Index 1996Shiratsuka 1999bHoffmann 1998Cunningham 1996 Crawford

More information

ボーナス制度と家計貯蓄率-サーベイ・データによる再検証-

ボーナス制度と家計貯蓄率-サーベイ・データによる再検証- ESRI Discussion Paper Series No.139 by May 2005 Economic and Social Research Instute Cabinet Office Tokyo, Japan * 400 : JEL classification: D12, E21 * 186-8603 2-1 042-580-8369 FAX 042-580-8333 1 Abstract

More information

Kobe University Repository : Kernel タイトル Title 著者 Author(s) 掲載誌 巻号 ページ Citation 刊行日 Issue date 資源タイプ Resource Type 版区分 Resource Version 権利 Rights DOI

Kobe University Repository : Kernel タイトル Title 著者 Author(s) 掲載誌 巻号 ページ Citation 刊行日 Issue date 資源タイプ Resource Type 版区分 Resource Version 権利 Rights DOI Kobe University Repository : Kernel タイトル Title 著者 Author(s) 掲載誌 巻号 ページ Citation 刊行日 Issue date 資源タイプ Resource Type 版区分 Resource Version 権利 Rights DOI 成人寿命の増加と国民貯蓄率に関する実証研究 (An Empirical Analysis on Increase

More information

金融規制における課徴金制度の抑止効果と法的課題

金融規制における課徴金制度の抑止効果と法的課題 D&O D&O E-mail: kazutoshi.sugimura@boj.or.jp / /2015.7 143 1. 1 2 3 4 2 5 6 1 2005 13 2 3 6 2 172 2007 31 2 34 21 2 4 2005 40 172 2 1 1 25 3 28 24 301 5 175 1 2 6 2005 13 144 /2015.7 7 8 fairness retribution

More information

03.Œk’ì

03.Œk’ì HRS KG NG-HRS NG-KG AIC Fama 1965 Mandelbrot Blattberg Gonedes t t Kariya, et. al. Nagahara ARCH EngleGARCH Bollerslev EGARCH Nelson GARCH Heynen, et. al. r n r n =σ n w n logσ n =α +βlogσ n 1 + v n w

More information

金融不安・低金利と通貨需要 「家計の金融資産に関する世論調査」を用いた分析

金融不安・低金利と通貨需要  「家計の金融資産に関する世論調査」を用いた分析 IMES DISCUSSION PAPER SERIES 金融不安 低金利と通貨需要 家計の金融資産に関する世論調査 を用いた分析 しおじえつろう ふじきひろし 塩路悦朗 * 藤木 裕 ** Discussion Paper No. 2005-J-11 INSTITUTE FOR MONETARY AND ECONOMIC STUDIES BANK OF JAPAN 日本銀行金融研究所 103-8660

More information

第11回:線形回帰モデルのOLS推定

第11回:線形回帰モデルのOLS推定 11 OLS 2018 7 13 1 / 45 1. 2. 3. 2 / 45 n 2 ((y 1, x 1 ), (y 2, x 2 ),, (y n, x n )) linear regression model y i = β 0 + β 1 x i + u i, E(u i x i ) = 0, E(u i u j x i ) = 0 (i j), V(u i x i ) = σ 2, i

More information