RDP 8702: Open Market Operations in Australia: A U.S. Perspective
Equation (6)
r
t
*
=
(
1
/
c
1
)
(
E
t
−
1
*
p
t
+
c
2
E
t
−
1
*
y
t
+
ρ
ν
t
−
1
−
m
t
*
)
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