RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
P
x
=
1.34
(
6.3
)
(
log
P
^
x
−
log
P
x
)
+
.59
(
3.4
)
(
log
v
^
−
log
v
)
log
P
^
x
=
P
x
0
+
.14
(
12.7
)
log
(
EP
w
1
)
+
(
1
−
.14
)
(
12.7
)
log
(
EP
i
)
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