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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (3)
C
H
t
(
h
)
=
(
∫
0
1
C
H
t
(
h
,
f
)
ξ
−
1
ξ
d
f
)
ξ
ξ
−
1
a
n
d
C
F
t
(
h
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=
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∫
0
1
C
F
t
(
h
,
f
)
ξ
−
1
ξ
d
f
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ξ
ξ
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.
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