RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
T
1
=
.62
(
6.4
)
[
.33
(
4.3
)
(
log
T
^
11
−
log
T
1
)
+
.32
(
2.1
)
(
Dlog
T
^
11
−
λ
2
)
]
(
1
−
.62
)
)
(
6.4
)
(
Dlog
t
5
CTB
−
λ
2
)
log
T
^
11
=
T
01
+
log
t
1
+
log
WL
t
1
=
t
11
W
.71
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