RDP 9807: Inflation Targeting in a Small Open Economy Equation (1C)

π t T =aΔ e t +( 1a )Δ e t1 , a[ 0,1 ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiabec8aWnaaDaaaleaacaWG0baabaGaamivaaaakiabg2da9iaa dggacaaMc8UaeuiLdqKaamyzamaaBaaaleaacaWG0baabeaakiabgU caRmaabmaabaGaaGymaiabgkHiTiaadggaaiaawIcacaGLPaaacqqH uoarcaWGLbWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiaacY caaeaacaWGHbGaeyicI48aamWaaeaacaaIWaGaaiilaiaaigdaaiaa wUfacaGLDbaaaaaaaa@5210@