Skip to content
RDP 1977-02: Inflation and Economic Stability in a Small Open Economy: A Systems Approach
Equation
Dlog
r
=
.05
log
r
o
r
−
.03
log
R
ϕ
o
M
+
1.2
log
L
θ
o
N
+
.14
log
(
M
M
o
e
λ
2
t
)
+
.09
QS
+
.79
(
Dlog
M
−
λ
2
)
−
.22
(
Dlog
R
−
λ
2
)
λ
2
=
.015
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@96D5@