論文
Quasi-geometric discounting in cash-in-advance economy
前田 大輝
Journal of Mathematical Economics, Elsevier, 79, 51, 56, 2018年, 査読有, 単著(単編著)
論文
Effects of Monetary Policy in a Model with Cash-in-Advance Constraints on R&D and Capital Accumulation
前田 大輝、斎藤 佑樹
ISER Discussion Papers, 大阪大学社会経済研究所, 1076, 1, 25, 2020年, 査読無, 共著(共編著)
論文
An Analysis of Monetary Policy in a Monetary Search Model with Non-unitary Discounting
前田 大輝
ISER Discussion Papers, 大阪大学社会経済研究所, 1062, 1, 23, 2020年, 査読無, 単著(単編著)
論文
Time Inconsistency of a Central Bank in a Monetary Search Model with Agent's Time Inconsistency
前田 大輝
Chukyo University Institute of Economics Discussion Paper Series, 1, 20, 2022年, 査読無, 単著(単編著)
論文
Monetary and Fiscal Policy in a Cash-in-advance Economy with Quasi-geometric Discounting
前田 大輝
中京大学国際学部紀要, 中京大学国際学部, 5, 1, 12, 2023年, 査読無, 単著(単編著)
論文
Naive Agents with Non-unitary Discounting Rate in a Monetary Economy
二神 孝一, 前田 大輝
Journal of Macroeconomics, Elsevier, 78, 1, 21, 2023年, 査読有, 共著(共編著)
Time Inconsistency of a Central Bank in a Monetary Search Model with Agent's Time Inconsistency
前田 大輝
2024年度日本応用経済学会春季大会, 2024年, 単独, 査読有, 無し, 国内会議, 口頭発表(一般), 報告者, 日本応用経済学会, 九州大学, 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
前田 大輝
日本経済学会2022年度秋季大会, 2022年, 単独, 査読有, 国内会議, 口頭発表(一般), 日本経済学会, 東京, Tokyo