RDP 2015-09: Inflation Targeting: A Victim of Its Own Success? Equation

( u t u t * ) = ρ ( u t 1 u t 1 * ) + ε t ( u u * ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaeWaaeaaca WG1bWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0IaamyDamaaDaaaleaa caWG0baabaGaaiOkaaaaaOGaayjkaiaawMcaaiabg2da9iabeg8aYn aabmaabaGaamyDamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGc cqGHsislcaWG1bWaa0baaSqaaiaadshacqGHsislcaaIXaaabaGaai OkaaaaaOGaayjkaiaawMcaaiabgUcaRiabew7aLnaaDaaaleaacaWG 0baabaWaaeWaaeaacaWG1bGaeyOeI0IaamyDamaaCaaameqabaGaai OkaaaaaSGaayjkaiaawMcaaaaaaaa@53FA@