Skip to content
RDP 2010-07: Monetary Policy and the Exchange Rate: Evaluation of VAR Models
Equation (5)
a
t
*
=
ρ
a
*
a
t
−
1
*
+
ε
a
,
t
*
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyyamaaDaaaleaacaWG0baabaGaaiOkaaaakiabg2da9iabeg8aYnaaDaaaleaacaWGHbaabaGaaiOkaaaakiaadggadaqhaaWcbaGaamiDaiabgkHiTiaaigdaaeaacaGGQaaaaOGaey4kaSIaeqyTdu2aa0baaSqaaiaadggacaGGSaGaamiDaaqaaiaacQcaaaaaaa@47A8@