RDP 2007-06: The Butterfly Effect of Small Open Economies Equation (1)

π t = β E t π t + 1 * + κ x t + ν π , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0 baaSqaaiaadshaaeaacqGHxiIkaaGccqGH9aqpcqaHYoGycaWGfbWa aSbaaSqaaiaadshaaeqaaOGaeqiWda3aa0baaSqaaiaadshacqGHRa WkcaaIXaaabaGaaiOkaaaakiabgUcaRiabeQ7aRjaadIhadaqhaaWc baGaamiDaaqaaiabgEHiQaaakiabgUcaRGGaciab=17aUnaaDaaale aacqaHapaCcaGGSaGaamiDaaqaaiabgEHiQaaaaaa@507D@