RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
(
S
e
/
S
0
e
λ
1
t
)
=
.5.
(
log
(
S
/
S
0
e
λ
1
t
)
−
log
(
S
e
/
S
0
e
λ
1
t
)
)
s
=
d
+
x
+
DK
+
g
1
+
g
2
+
g
3
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