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RDP 8905: Monetary Policy Instruments: A Theoretical Analysis
Equation (12)
var
p
t
=
π
1
2
(
σ
u
2
+
σ
v
2
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiODaiaacg gacaGGYbGaaGPaVlaacchadaWgaaWcbaGaaeiDaaqabaGccqGH9aqp caqGapWaa0baaSqaaiaaigdaaeaacaaIYaaaaOWaaeWaaeaacaqGdp Waa0baaSqaaiaabwhaaeaacaaIYaaaaOGaey4kaSIaae4WdmaaDaaa leaacaqG2baabaGaaGOmaaaaaOGaayjkaiaawMcaaaaa@4945@