RDP 8702: Open Market Operations in Australia: A U.S. Perspective
Equation (10)
r
t
=
r
t
*
−
(
d
3
/
d
2
)
(
E
zt
¯
r
t
+
1
*
−
E
t
−
1
*
r
t
+
1
)
+
(
1
/
d
2
)
δ
t
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