RDP 7903: Monetary Rules: A Preliminary Analysis Equation

DlogN=.13( log N ^ logN )+ .26 ( 7.4 ) log L ϕ 0 N log N ^ = N 0 + .05 ( 0.6 ) log W( 1 t 1 ) P d W o * e λ 4 t +logz MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGeb GaaeiBaiaab+gacaqGNbGaaGPaVlaab6eacqGH9aqpcaGGUaGaaGym aiaaiodadaqadaqaaiaabYgacaqGVbGaae4zaiaaykW7ceWGobGbaK aacqGHsislcaqGSbGaae4BaiaabEgacaaMc8UaaeOtaaGaayjkaiaa wMcaaiabgUcaRmaaxababaGaaiOlaiaaikdacaaI2aaaleaadaqada qaaiaaiEdacaGGUaGaaGinaaGaayjkaiaawMcaaaqabaGccaqGSbGa ae4BaiaabEgadaWccaqaaiaabYeaaeaacqaHvpGzdaWgaaWcbaGaaG imaaqabaGccaqGobaaaaqaaiaabYgacaqGVbGaae4zaiaaykW7ceWG obGbaKaacqGH9aqpcaqGobWaaSbaaSqaaiaaicdaaeqaaOGaey4kaS YaaCbeaeaacaGGUaGaaGimaiaaiwdaaSqaamaabmaabaGaaGimaiaa c6cacaaI2aaacaGLOaGaayzkaaaabeaakiaaykW7caqGSbGaae4Bai aabEgadaWcaaqaaiaabEfadaqadaqaaiaaigdacqGHsislcaqG0bWa aSbaaSqaaiaaigdaaeqaaaGccaGLOaGaayzkaaaabaGaaeiuamaaBa aaleaacaqGKbaabeaakiaabEfadaqhaaWcbaGaae4BaaqaaiaacQca aaGccaqGLbWaaWbaaSqabeaacqaH7oaBaaGccaaI0aWaaWbaaSqabe aacaqG0baaaaaakiabgUcaRiaabYgacaqGVbGaae4zaiaaykW7caqG 6baaaaa@8326@