RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination
Equation (B68)
∑
j
=
0
∞
β
j
σ
p
H
t
+
j
2
=
β
(
1
−
β
θ
)
(
1
−
θ
)
∑
j
=
0
∞
β
j
π
H
t
+
j
2
.
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