Skip to content
RDP 8708: Risk Effects Versus Monetary Effects in the Determination of Short-Term Interest Rates
Equation
σ
^
t
2
(
p
t+k
)
=
1
T
Σ
η
^
t+k
2
σ
^
t
2
(
x
t+k
)
=
1
T
Σ
u
^
t+k
2
σ
^
t
2
(
p
t+k
,
x
t+k
)
=
1
T
Σ
η
^
t+k
u
^
t+k
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabmqaaa qaaiqbeo8aZzaajaWaa0baaSqaaiaadshaaeaacaaIYaaaaOWaaeWa aeaacaWGWbWaaSbaaSqaaiaadshacqGHRaWkcaWGRbaabeaaaOGaay jkaiaawMcaaiaaykW7cqGH9aqpcaaMc8+aaSaaaeaacaaIXaaabaGa amivaaaacaaMc8Uaeu4OdmLaaGPaVlqbeE7aOzaajaWaa0baaSqaai aadshacqGHRaWkcaWGRbaabaGaaGOmaaaaaOqaaiqbeo8aZzaajaWa a0baaSqaaiaadshaaeaacaaIYaaaaOWaaeWaaeaacaWG4bWaaSbaaS qaaiaadshacqGHRaWkcaWGRbaabeaaaOGaayjkaiaawMcaaiaaykW7 cqGH9aqpcaaMc8+aaSaaaeaacaaIXaaabaGaamivaaaacaaMc8Uaeu 4OdmLaaGPaVlqadwhagaqcamaaDaaaleaacaWG0bGaey4kaSIaam4A aaqaaiaaikdaaaaakeaacuaHdpWCgaqcamaaDaaaleaacaWG0baaba GaaGOmaaaakmaabmaabaGaamiCamaaBaaaleaacaWG0bGaey4kaSIa am4AaaqabaGccaGGSaGaamiEamaaBaaaleaacaWG0bGaey4kaSIaam 4AaaqabaaakiaawIcacaGLPaaacaaMc8Uaeyypa0JaaGPaVpaalaaa baGaaGymaaqaaiaadsfaaaGaaGPaVlabfo6atjaaykW7cuaH3oaAga qcamaaDaaaleaacaWG0bGaey4kaSIaam4AaaqaaiaaikdaaaGccaaM c8UabmyDayaajaWaaSbaaSqaaiaadshacqGHRaWkcaWGRbaabeaaki aac6caaaaaaa@8B86@