This study provides insights into the expectation-updating behavior of Japanese households with regard to future inflation. Households do not renew their information set in every period, but they do so at a greater frequency than that argued in the literature. A more volatile inflation rate...

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We present results from a survey conducted in December 2011, in order to see if introduction of Demeny voting system will have the desired have effect of addressing gerentocracy. We have identified several facts from the survey that provides a positive answer to this question. We found that...

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This chapter investigates the effects of introducing the “generational election system” proposed by Ihori and Doi (1998). The generational election system (or the election district by generation) consists of election districts divided by not only region but also generation. In industrial...

The second “Family and Lifestyle Survey” is a registered consumer tester-based survey designed to collect information about (1) the basic attributes, education, job history, and quality of life of households in Japan; (2) household receipts of gifts and inheritances; (3) household income and...