RDP 9806: Policy Rules for Open Economies Equation (4)

y +1 =( β/θ+δ )e+λy+ e +1 +( β/θ )ν MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaBa aaleaacqGHRaWkcaaIXaaabeaakiabg2da9iabgkHiTmaabmaabaGa eqOSdiMaai4laiabeI7aXjabgUcaRiabes7aKbGaayjkaiaawMcaai aadwgacqGHRaWkcqaH7oaBcaWG5bGaey4kaSIaamyzamaaBaaaleaa cqGHRaWkcaaIXaaabeaakiabgUcaRmaabmaabaGaeqOSdiMaai4lai abeI7aXbGaayjkaiaawMcaaiabe27aUbaa@531E@