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RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy
Equation (2)
R
m
,
t
*
=
1
m
E
t
∑
j
=
1
m
R
1
,
t
+
j
−
1
*
m
=
2
,
3
,
4
,
…
.
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