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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (B18)
Y
t
=
ν
2
S
t
(
2
−
ν
)
/
2
C
t
+
(
2
−
ν
2
)
S
t
ν
/
2
C
t
*
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