RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination Equation (B29)

c t + c t = y t + y t + Ω ( y t y t ) 2 + o ( a 3 ) , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4yamaaBa aaleaacaWG0baabeaakiabgUcaRiaadogadaqhaaWcbaGaamiDaaqa aiabgEHiQaaakiabg2da9iaadMhadaWgaaWcbaGaamiDaaqabaGccq GHRaWkcaWG5bWaa0baaSqaaiaadshaaeaacqGHxiIkaaGccqGHRaWk iiGacqWFPoWviiaacqGFOaakcaWG5bWaa0baaSqaaiaadshaaeaacq GHxiIkaaGccqGFsislcaWG5bWaaSbaaSqaaiaadshaaeqaaOGaaiyk amaaCaaaleqabaGaaGOmaaaakiabgUcaRiaad+gadaqadaqaamaafm aabaGaamyyamaaCaaaleqabaGaaG4maaaaaOGaayzcSlaawQa7aaGa ayjkaiaawMcaaiaacYcaaaa@575B@