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RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (B28)
s
t
=
σ
2
D
2
(
y
t
∗
−
y
t
)
2
+
o
(
‖
a
3
‖
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4CamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaeq4Wdm3aaWbaaSqa beaacaaIYaaaaaGcbaGaamiramaaCaaaleqabaGaaGOmaaaaaaGcca GGOaGaamyEamaaDaaaleaacaWG0baabaGaey4fIOcaaGGaaOGae8Ne I0IaamyEamaaBaaaleaacaWG0baabeaakiaacMcadaahaaWcbeqaai aaikdaaaGccqGHRaWkcaWGVbWaaeWaaeaadaqbdaqaaiaadggadaah aaWcbeqaaiaaiodaaaaakiaawMa7caGLkWoaaiaawIcacaGLPaaaca GGUaaaaa@4F3D@