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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (B11)
c
˜
t
=
c
y
y
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t
+
(
1
−
c
y
)
y
˜
t
*
+
o
(
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a
2
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)
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabm4yayaaia WaaSbaaSqaaiaadshaaeqaaOGaeyypa0Jaam4yamaaBaaaleaacaWG 5baabeaakiqadMhagaacamaaBaaaleaacaWG0baabeaakiabgUcaRm aabmaabaGaaGymaiabgkHiTiaadogadaWgaaWcbaGaamyEaaqabaaa kiaawIcacaGLPaaaceWG5bGbaGaadaqhaaWcbaGaamiDaaqaaiaacQ caaaGccqGHRaWkcaWGVbWaaeWaaeaadaqbdaqaaiaadggadaahaaWc beqaaiaaikdaaaaakiaawMa7caGLkWoaaiaawIcacaGLPaaacaGGSa aaaa@4FA3@