RDP 2003-11: How Should Monetary Policy Respond to Asset-Price Bubbles? Equation (C23)

Ω s = k=1 N s p s ( k ) Ω s ( k ) , χ s = k=1 N s p s ( k ) Ω s ( k ) P X s ( k ) . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeWaaa qaaiabfM6axnaaBaaaleaacaWGZbaabeaakiabg2da9maaqahabaGa amiCamaaDaaaleaacaWGZbaabaWaaeWaaeaacaWGRbaacaGLOaGaay zkaaaaaOGaeuyQdC1aa0baaSqaaiaadohaaeaadaqadaqaaiaadUga aiaawIcacaGLPaaaaaaabaGaam4Aaiabg2da9iaaigdaaeaacaWGob WaaSbaaWqaaiaadohaaeqaaaqdcqGHris5aaGcbaGaaiilaaqaaiab eE8aJnaaBaaaleaacaWGZbaabeaakiabg2da9maaqahabaGaamiCam aaDaaaleaacaWGZbaabaWaaeWaaeaacaWGRbaacaGLOaGaayzkaaaa aOGaeuyQdC1aa0baaSqaaiaadohaaeaadaqadaqaaiaadUgaaiaawI cacaGLPaaaaaaabaGaam4Aaiabg2da9iaaigdaaeaacaWGobWaaSba aWqaaiaadohaaeqaaaqdcqGHris5aOGaamiuaiaadIfadaqhaaWcba Gaam4CaaqaamaabmaabaGaam4AaaGaayjkaiaawMcaaaaakiaac6ca aaGaaGPaVdaa@675E@