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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (A6)
σ
c
t
−
σ
c
t
*
=
Δ
t
+
(
ν
−
1
)
s
t
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4WdmNaam 4yamaaBaaaleaacaWG0baabeaakiabgkHiTiabeo8aZjaadogadaqh aaWcbaGaamiDaaqaaiaacQcaaaGccqGH9aqpcqqHuoardaWgaaWcba GaamiDaaqabaGccqGHRaWkdaqadaqaaiabe27aUjabgkHiTiaaigda aiaawIcacaGLPaaacaWGZbWaaSbaaSqaaiaadshaaeqaaOGaaiOlaa aa@4B85@