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RDP 2003-11: How Should Monetary Policy Respond to Asset-Price Bubbles?
Equation (C11)
X
s
(
k
)
(
j
)
=
{
γ
s
+
j
,
1
≤
j
<
k
−
Σ
i
=
1
s
+
k
−
1
γ
i
,
j
=
k
0
,
k
<
j
≤
N
s
.
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