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RDP 2005-04: Monetary Policy, Asset-Price Bubbles and the Zero Lower Bound
Equation (B7)
i
∗
+
β
−
1
(
λ
+
α
q
)
y
t
+
β
−
1
(
β
+
q
)
π
t
=
0
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaCaaaleqabaGaey4fIOcaaOGaey4kaSIaeqOSdi2aaWbaaSqabeaacqGHsislcaaIXaaaaOWaaeWaaeaacqaH7oaBcqGHRaWkcqaHXoqycaWGXbaacaGLOaGaayzkaaGaamyEamaaBaaaleaacaWG0baabeaakiabgUcaRiabek7aInaaCaaaleqabaGaeyOeI0IaaGymaaaakmaabmaabaGaeqOSdiMaey4kaSIaamyCaaGaayjkaiaawMcaaiabec8aWnaaBaaaleaacaWG0baabeaakiabg2da9iaaicdaaaa@535B@