Conference-1989 Studies in Money and Credit
Equation (9)
(
i
i
)
R
t
=
E
t
(
p
t
+
1
−
p
t
)
+
γ
(
p
t
+
y
t
)
(
nominal
income
target
).
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeWaaa qaamaabmaabaacbaGaa8xAaiaa=LgaaiaawIcacaGLPaaaaeaacaWG sbWaaSbaaSqaaiaadshaaeqaaOGaeyypa0JaamyramaaBaaaleaaca WG0baabeaakmaabmaabaGaamiCamaaBaaaleaacaWG0bGaey4kaSIa aGymaaqabaGccqGHsislcaWGWbWaaSbaaSqaaiaadshaaeqaaaGcca GLOaGaayzkaaGaey4kaSIaeq4SdC2aaeWaaeaacaWGWbWaaSbaaSqa aiaadshaaeqaaOGaey4kaSIaamyEamaaBaaaleaacaWG0baabeaaaO GaayjkaiaawMcaaaqaamaabmaabaGaaeOBaiaab+gacaqGTbGaaeyA aiaab6gacaqGHbGaaeiBaiaaykW7caqGPbGaaeOBaiaabogacaqGVb GaaeyBaiaabwgacaaMc8UaaeiDaiaabggacaqGYbGaae4zaiaabwga caqG0baacaGLOaGaayzkaaaaaaaa@6658@