RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination Equation (9)

P F t C F t = ( 1 ν 2 ) P t C t , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbiGaa8huam aaBaaaleaacaWGgbGaamiDaaqabaGccaWGdbWaaSbaaSqaaiaadAea caWG0baabeaakiabg2da9maabmaabaGaaGymaGGaaiab+jHiTmaala aabaGaeqyVd4gabaGaaGOmaaaaaiaawIcacaGLPaaacaWGqbWaaSba aSqaaiaadshaaeqaaOGaam4qamaaBaaaleaacaWG0baabeaakiaac6 caaaa@46F8@