RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
F
=
.18
(
5.9
)
(
log
P
f
^
−
log
F
)
+
.69
(
3.8
)
(
Dr
b
1
−
Dr
eu
)
−
.01
(
−
4.3
)
Q
t
log
f
^
=
f
0
+
1.0
log
y
+
5.37
(
5.4
)
(
r
b
1
−
r
eu
)
+
.77
(
4.3
)
log
EP
w
P
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