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RDP 2010-07: Monetary Policy and the Exchange Rate: Evaluation of VAR Models
Equation (1)
π
t
*
=
β
E
t
π
t
+
1
*
+
κ
x
t
*
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0baaSqaaiaadshaaeaacaGGQaaaaOGaeyypa0JaeqOSdiMaamyramaaBaaaleaacaWG0baabeaakiabec8aWnaaDaaaleaacaWG0bGaey4kaSIaaGymaaqaaiaacQcaaaGccqGHRaWkcqaH6oWAcaWG4bWaa0baaSqaaiaadshaaeaacaGGQaaaaaaa@48CC@