RDP 9204: The Term Structure of Interest Rates, Real Activity and inflation Equation (17)

π t m =[ [ CP I m CP I t ] 12 m 1 ]100 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0 baaSqaamaaCaaameqabaGaamiDaaaaaSqaaiaad2gaaaGccqGH9aqp daWadaqaamaadmaabaWaaSaaaeaacaWGdbGaamiuaiaadMeadaWgaa WcbaGaamyBaaqabaaakeaacaWGdbGaamiuaiaadMeadaWgaaWcbaGa amiDaaqabaaaaaGccaGLBbGaayzxaaWaaWbaaSqabeaadaWcaaqaai aaigdacaaIYaaabaGaamyBaaaaaaGccqGHsislcaaIXaaacaGLBbGa ayzxaaGaey4fIOIaaGPaVlaaigdacaaIWaGaaGimaaaa@4F36@