Skip to content
RDP 9504: The Link Between the Cash Rate and Market Interest Rates
Equation (3)
r
l
p
+
q
=
α
(
1
+
r
c
)
+
(
1
−
α
)
(
1
+
r
d
)
+
c
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOCamaaBa aaleaacaWGSbaabeaakiaadchacqGHRaWkcaWGXbGaeyypa0JaeqyS de2aaeWaaeaacaaIXaGaey4kaSIaamOCamaaBaaaleaacaWGJbaabe aaaOGaayjkaiaawMcaaiabgUcaRmaabmaabaGaaGymaiabgkHiTiab eg7aHbGaayjkaiaawMcaamaabmaabaGaaGymaiabgUcaRiaadkhada WgaaWcbaGaamizaaqabaaakiaawIcacaGLPaaacqGHRaWkcaWGJbaa aa@4F79@