RDP 2006-02: Term Structure Rules for Monetary Policy
Equation (11)
R
1
,
t
=
i
(
∑
j
=
0
∞
E
t
R
i
,
t
+
i
j
−
∑
j
=
0
∞
E
t
R
i
,
t
+
i
j
+
1
)
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