Researcher Profile and Settings

Profile and Settings

Name

• Name

  MAEDA Daiki

Affiliations

Affiliation (Master)

• School of Global Studies, Lecturer
• Department of Global Studies, Lecturer
• Institute of Economics, Researcher

Education, Etc.

Education

• 2015, 2020, Osaka University, Graduate School of Economics, Economics

Degree

• Economics, Mar. 2020, Osaka University

Research Activities

Research Areas, Etc.

Research Areas

• Macroeconomics

Book, papers, etc

Published Papers

• Quasi-geometric discounting in cash-in-advance economy
  Daiki Maeda
  Journal of Mathematical Economics, Elsevier, 79, 51, 56, 2018, refereed, Single Work
• Effects of Monetary Policy in a Model with Cash-in-Advance Constraints on R&D and Capital Accumulation
  Daiki Maeda, Yuki Saito
  ISER Discussion Papers, Institute of Social and Economic Research (ISER), Osaka University, 1076, 1, 25, 2020, Not refereed, Joint Work
• An Analysis of Monetary Policy in a Monetary Search Model with Non-unitary Discounting
  Daiki Maeda
  ISER Discussion Papers, Institute of Social and Economic Research (ISER), Osaka University, 1062, 1, 23, 2020, Not refereed, Single Work
• Time Inconsistency of a Central Bank in a Monetary Search Model with Agent's Time Inconsistency
  Daiki Maeda
  Chukyo University Institute of Economics Discussion Paper Series, 1, 20, 2022, Not refereed, Single Work
• Monetary and Fiscal Policy in a Cash-in-advance Economy with Quasi-geometric Discounting
  Daiki Maeda
  JOURNAL OF THE SCHOOL OF GLOBAL STUDIES, Economic Society of Osaka University, 5, 1, 12, 2023, Not refereed, Single Work
• Naive Agents with Non-unitary Discounting Rate in a Monetary Economy
  Koichi Futagami, Daiki Maeda
  Journal of Macroeconomics, Elsevier, 78, 1, 21, 2023, refereed, Joint Work

Conference Activities & Talks

• Time Inconsistency of a Central Bank in a Monetary Search Model with Agent's Time Inconsistency
  Daiki Maeda
  2024, Single Work, refereed, Japan Association for Applied Economics, Kyushu University, I incorporate the time-inconsistent preference for hyperbolic discounting into a monetary search model following Lagos and Wright (2005) and use it to analyze two economies. One economy consists of sophisticated agents who understand their time inconsistency, whereas the other consists of naive agents who do not understand their time inconsistency. I extend previous analyses of this topic by considering two monetary policy rules: inflation targeting under which the target variable is the inflation rate and nominal growth rate targeting under which the target variable is the growth rate of gross domestic product. Through this analysis, I show that inflation targeting is a time-inconsistent monetary policy rule in the economy consisting of the na\"ive agents even if there is no uncertainty.
• The Optimality of Inflation Targeting: The Scope of Hyperbolic Discounting
  Daiki Maeda
  The 2022 Fall Meeting of the Japanese Economic Association, 2022, Single Work, refereed, The Japanese Economic Association, Tokyo

Other Research Activities

Research Grants & Projects

• 2022, 2023, 2025