RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dr
b
1
=
.16
(
3.3
)
D
^
r
b
1
+
.14
(
3.9
)
(
r
^
b
1
−
r
b
1
)
−
.15
(
−
3.6
)
Dlog
M
ψ
A
+
.04
(
16.0
)
Q
r
r
^
b
1
=
1.0
r
eu
−
.11
(
−
2.9
)
log
EP
W
/
P
+
.04
(
2.4
)
QE
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