RDP 8702: Open Market Operations in Australia: A U.S. Perspective Equation (7)

m t m t * = 1 c 2 b a+b u t + 1+ c 2 a a+b w t + e t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngB PrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0x c9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8fr Fve9Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacaqGTb WaaSbaaSqaaiaabshaaeqaaOGaeyOeI0IaaeyBamaaDaaaleaacaqG 0baabaGaaeOkaaaakiabg2da9iabgkHiTmaalaaabaGaaGymaiabgk HiTiaabogadaWgaaWcbaGaaGOmaaqabaGccaqGIbaabaGaaeyyaiab gUcaRiaabkgaaaGaaeyDamaaBaaaleaacaqG0baabeaakiabgUcaRm aalaaabaGaaGymaiabgUcaRiaabogadaWgaaWcbaGaaGOmaaqabaGc caqGHbaabaGaaeyyaiabgUcaRiaabkgaaaGaae4DamaaBaaaleaaca qG0baabeaakiabgUcaRiaabwgadaWgaaWcbaGaaeiDaaqabaaaaa@55C2@