{"created":"2021-03-01T07:02:36.887764+00:00","id":42692,"links":{},"metadata":{"_buckets":{"deposit":"b8d22fbf-0e05-4518-9008-4e874a89d2d8"},"_deposit":{"id":"42692","owners":[],"pid":{"revision_id":0,"type":"depid","value":"42692"},"status":"published"},"_oai":{"id":"oai:repository.dl.itc.u-tokyo.ac.jp:00042692","sets":["62:377:7438","9:7435:7439"]},"item_8_biblio_info_7":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2016-03","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"082","bibliographic_titles":[{"bibliographic_title":"JSPS Grants-in-Aid for Scientific Research (S) Understanding Persistent Deflation in Japan Working Paper Series"}]}]},"item_8_description_5":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"How do we determine our expectations of inflation? Because inflation expectations greatly influence the economy, researchers have long considered this question. Using a survey with randomized experiments among 15,000 consumers, we investigate the mechanism of inflation expectation formation. Learning theory predicts that once people obtain new information on future inflation, they change their expectations. In this regard, such expectations are the weighted average of prior belief and information. We confirm that the weight for prior belief is a decreasing function of the degree of uncertainty. Our results also show that monetary authority information affects consumers to a greater extent when expectations are updated. With such information, consumers change their inflation expectations by 32% from the average. This finding supports improvements to monetary policy publicity.","subitem_description_type":"Abstract"}]},"item_8_description_6":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"2012～2016年度科学研究費補助金[基盤研究(S)]「長期デフレの解明」(研究代表者 東京大学経済学研究科・渡辺努, 課題番号：24223003)","subitem_description_type":"Other"}]},"item_8_publisher_20":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"UTokyo Price Project"}]},"item_8_relation_25":{"attribute_name":"関係URI","attribute_value_mlt":[{"subitem_relation_type_id":{"subitem_relation_type_id_text":"http://www.price.e.u-tokyo.ac.jp/researchdata/","subitem_relation_type_select":"URI"}}]},"item_8_text_4":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_value":"Institute of Economic Research, Hitotsubashi University"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Abe, Naohito"}],"nameIdentifiers":[{"nameIdentifier":"98176","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Ueno, Yuko"}],"nameIdentifiers":[{"nameIdentifier":"98177","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2017-06-16"}],"displaytype":"detail","filename":"wp082.pdf","filesize":[{"value":"678.6 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"wp082.pdf","url":"https://repository.dl.itc.u-tokyo.ac.jp/record/42692/files/wp082.pdf"},"version_id":"c4754f8e-5e98-4d7c-a916-0106ad2f7016"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"inflation expectations","subitem_subject_scheme":"Other"},{"subitem_subject":"Bayesian updating","subitem_subject_scheme":"Other"},{"subitem_subject":"rational expectation","subitem_subject_scheme":"Other"},{"subitem_subject":"randomized survey experiments","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"The Mechanism of Inflation Expectation Formation among Consumers","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"The Mechanism of Inflation Expectation Formation among Consumers"}]},"item_type_id":"8","owner":"1","path":["7439","7438"],"pubdate":{"attribute_name":"公開日","attribute_value":"2016-04-04"},"publish_date":"2016-04-04","publish_status":"0","recid":"42692","relation_version_is_last":true,"title":["The Mechanism of Inflation Expectation Formation among Consumers"],"weko_creator_id":"1","weko_shared_id":null},"updated":"2022-12-19T04:17:54.649370+00:00"}