RDP 2000-07: The Effect of Uncertainty on Monetary Policy: How Good are the Brakes? Equation

i t = a ¯ b ¯ b ¯ 2 + σ b 2 π t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGabmyyayaaraGabmOy ayaaraaabaGabmOyayaaraWaaWbaaSqabeaacaaIYaaaaOGaey4kaS Iaeq4Wdm3aa0baaSqaaiaadkgaaeaacaaIYaaaaaaakiabec8aWnaa BaaaleaacaWG0baabeaaaaa@4479@