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RDP 2006-02: Term Structure Rules for Monetary Policy
Equation (12)
J
=
1
2
E
0
(
∑
t
=
0
∞
β
t
L
t
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOsaiabg2da9maalaaabaGaaGymaaqaaiaaikdaaaGaamyramaaBaaaleaacaaIWaaabeaakmaabmaabaWaaabCaeaacqaHYoGydaahaaWcbeqaaiaadshaaaGccaWGmbWaaSbaaSqaaiaadshaaeqaaaqaaiaadshacqGH9aqpcaaIWaaabaGaeyOhIukaniabggHiLdaakiaawIcacaGLPaaaaaa@47C5@