RDP 2010-05: Direct Effects of Money on Aggregate Demand: Another Look at the Evidence Equation (3)

r t = R t E t π t + 1 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOCamaaBaaaleaacaWG0baabeaakiabg2da9iaadkfadaWgaaWcbaGaamiDaaqabaGccqGHsislcaWGfbWaaSbaaSqaaiaadshaaeqaaOGaeqiWda3aaSbaaSqaaiaadshacqGHRaWkcaaIXaaabeaaaaa@428B@