RDP 9204: The Term Structure of Interest Rates, Real Activity and inflation Equation (13)

π t m = E t π t m + ε t m MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0 baaSqaaiaadshaaeaacaWGTbaaaOGaaGPaVlabg2da9iaaykW7caWG fbWaaSbaaSqaaiaadshaaeqaaOGaeqiWda3aa0baaSqaaiaadshaae aacaWGTbaaaOGaaGPaVlabgUcaRiabew7aLnaaDaaaleaacaWG0baa baGaamyBaaaaaaa@49F5@