Skip to content
RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (A5)
y
t
*
=
−
ν
(
2
−
ν
)
2
s
t
+
ν
2
c
t
*
+
2
−
ν
2
c
t
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaDa aaleaacaWG0baabaGaaiOkaaaakiabg2da9maalaaabaGaeyOeI0Ia eqyVd42aaeWaaeaacaaIYaGaeyOeI0IaeqyVd4gacaGLOaGaayzkaa aabaGaaGOmaaaacaWGZbWaaSbaaSqaaiaadshaaeqaaOGaey4kaSYa aSaaaeaacqaH9oGBaeaacaaIYaaaaiaadogadaqhaaWcbaGaamiDaa qaaiaacQcaaaGccqGHRaWkdaWcaaqaaiaaikdacqGHsislcqaH9oGB aeaacaaIYaaaaiaadogadaWgaaWcbaGaamiDaaqabaGccaGGUaaaaa@525E@