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RDP 2006-05: Optimal Monetary Policy with Real-time Signal Extraction from the Bond Market
Equation (A9)
B
1
=
[
0
5
x
1
1
0
ϕ
0
]
,
C
1
=
[
1
0
0
0
0
0
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOqamaaBa aaleaacaaIXaaabeaakiabg2da9maadmaabaqbaeqabuqaaaaabaGa aGimamaaBaaaleaacaaI1aGaamiEaiaaigdaaeqaaaGcbaGaaGymaa qaaiaaicdaaeaacqaHvpGzaeaacaaIWaaaaaGaay5waiaaw2faaiaa cYcacaWGdbWaaSbaaSqaaiaaigdaaeqaaOGaeyypa0ZaamWaaeaafa qabeWbdaaaaeaacaaIXaaabaGaaGimaaqaaiaaicdaaeaacaaIWaaa baGaaGimaaqaaiaaicdaaeaacaaIWaaabaGaaGimaaqaaiaaicdaae aacaaIWaaabaGaaGymaaqaaiaaicdaaeaacaaIWaaabaGaaGimaaqa aiaaigdaaeaacaaIWaaabaGaaGimaaqaaiaaicdaaeaacaaIWaaaba GaaGimaaqaaiaaicdaaaaacaGLBbGaayzxaaaaaa@56E4@