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RDP 9806: Policy Rules for Open Economies
Equation (5)
π
+
1
=
π
+
α
y
−
γ
(
e
−
e
−
1
)
+
η
+
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiabgUcaRiaaigdaaeqaaOGaeyypa0JaeqiWdaNaey4kaSIa eqySdeMaamyEaiabgkHiTiabeo7aNnaabmaabaGaamyzaiabgkHiTi aadwgadaWgaaWcbaGaeyOeI0IaaGymaaqabaaakiaawIcacaGLPaaa cqGHRaWkcqaH3oaAdaWgaaWcbaGaey4kaSIaaGymaaqabaaaaa@4CDB@