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RDP 8905: Monetary Policy Instruments: A Theoretical Analysis
Equation
γ
=
1
αβ
{
(
σ
u
2
/
σ
v
2
)
(
h
+
β
2
)
+
h
)
}
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4Sdiabg2 da9maalaaabaGaaGymaaqaaiaabg7acaqGYoaaamaacmaabaWaaeWa aeaacaqGdpWaa0baaSqaaiaabwhaaeaacaaIYaaaaOGaai4laiaabo 8adaqhaaWcbaGaaeODaaqaaiaaikdaaaaakiaawIcacaGLPaaadaqa daqaaiaadIgacqGHRaWkcqaHYoGydaahaaWcbeqaaiaaikdaaaaaki aawIcacaGLPaaacqGHRaWkdaqacaqaaiaadIgaaiaawMcaaaGaay5E aiaaw2haaiaac6caaaa@4F7A@