Skip to content
RDP 2006-05: Optimal Monetary Policy with Real-time Signal Extraction from the Bond Market
Equation (14)
X
1
,
t
=
[
a
t
,
y
t
−
1
,
π
t
−
1
,
ε
t
y
,
ε
t
π
,
i
t
−
1
,
Δ
i
t
]
′
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiwamaaBa aaleaacaaIXaGaaiilaiaadshaaeqaaOGaeyypa0ZaamWaaeaacaWG HbWaaSbaaSqaaiaadshaaeqaaOGaaiilaiaadMhadaWgaaWcbaGaam iDaiabgkHiTiaaigdaaeqaaOGaaiilaiabec8aWnaaBaaaleaacaWG 0bGaeyOeI0IaaGymaaqabaGccaGGSaGaeqyTdu2aa0baaSqaaiaads haaeaacaWG5baaaOGaaiilaiabew7aLnaaDaaaleaacaWG0baabaGa eqiWdahaaOGaaiilaiaadMgadaWgaaWcbaGaamiDaiabgkHiTiaaig daaeqaaOGaaiilaiabfs5aejaadMgadaWgaaWcbaGaamiDaaqabaaa kiaawUfacaGLDbaadaahaaWcbeqaaOGamai4gkdiIcaaaaa@5DD3@