RDP 8905: Monetary Policy Instruments: A Theoretical Analysis
Equation
m
t
=
m
−
1
1
+
δ
{
−
v
t
+
δ
α
u
t
}
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyBamaaBa aaleaacaqG0baabeaakiabg2da9iaab2gacqGHsisldaWcaaqaaiaa igdaaeaacaaIXaGaey4kaSIaaeiTdaaadaGadaqaaiabgkHiTiaabA hadaWgaaWcbaGaaeiDaaqabaGccqGHRaWkdaWcaaqaaiaabs7aaeaa caqGXoaaaiaabwhadaWgaaWcbaGaaeiDaaqabaaakiaawUhacaGL9b aaaaa@4964@