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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (B19)
C
t
*
=
C
t
S
t
1
−
ν
σ
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4qamaaDa aaleaacaWG0baabaGaaiOkaaaakiabg2da9iaadoeadaWgaaWcbaGa amiDaaqabaGccaWGtbWaa0baaSqaaiaadshaaeaadaWcaaqaaiaaig dacqGHsislcqaH9oGBaeaacqaHdpWCaaaaaOGaaiOlaaaa@4386@