Skip to content
RDP 2011-02: Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy
Equation (A3)
Λ
t
u
=
R
^
t
−
E
t
π
t
+
1
+
E
t
Λ
t
+
1
u
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaaeaaaaaaaaa8 qacqqHBoatdaqhaaWcbaGaamiDaaqaaiaadwhaaaGccqGH9aqpceWG sbGbaKaadaWgaaWcbaGaamiDaaqabaGccqGHsislieaacaWFjbGaa8 xramaaBaaaleaacaWG0baabeaakiabec8aWnaaBaaaleaacaWG0bGa ey4kaSIaaGymaaqabaGccqGHRaWkcaWFjbGaa8xra8aadaWgaaWcba GaamiDaaqabaGccqqHBoatdaqhaaWcbaGaamiDaiabgUcaRiaaigda aeaacaWG1baaaaaa@4DF1@