RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination Equation (B58)

ν t = ξ 2 σ p H t 2 + o ( a 3 ) . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyVd42aaS baaSqaaiaadshaaeqaaOGaeyypa0ZaaSaaaeaacqaH+oaEaeaacaaI Yaaaaiabeo8aZnaaDaaaleaacaWGWbWaaSbaaWqaaiaadIeaaeqaaS WaaWbaaWqabeaacaWG0baaaaWcbaGaaGOmaaaakiabgUcaRiaad+ga daqadaqaamaafmaabaGaamyyamaaCaaaleqabaGaaG4maaaaaOGaay zcSlaawQa7aaGaayjkaiaawMcaaiaac6caaaa@4B66@