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RDP 2004-10: News and Interest Rate Expectations: A Study of Six Central Banks
Equation (5)
ν
t
=
ε
t
h
t
∼
i
i
d
(
0
,
1
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyVd42aaSbaaSqaaiaadshaaeqaaOGaeyypa0ZaaSaaaeaacqaH1oqzdaWgaaWcbaGaamiDaaqabaaakeaacaWGObWaaSbaaSqaaiaadshaaeqaaaaakiablYJi6iaadMgacaWGPbGaamizamaabmqabaGaaGimaiaacYcacaaIXaaacaGLOaGaayzkaaaaaa@4680@