RDP 9101: The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows
Equation (5)
π
=
μ
(
Core
inflation
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaabc8acqGH9aqpcaqG8oaabaWaaeWaaeaacaqGdbGaae4Baiaa bkhacaqGLbGaaGPaVlaabMgacaqGUbGaaeOzaiaabYgacaqGHbGaae iDaiaabMgacaqGVbGaaeOBaaGaayjkaiaawMcaaaaaaaa@4898@