RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (83)
π
t
W
=
ν
2
π
H
t
+
2
−
ν
2
π
F
t
+
ν
2
π
F
t
*
+
2
−
ν
2
π
H
t
*
=
π
H
t
+
π
F
t
*
.
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