RDP 8602: Short-Term Interest Rates, Weekly Money Announcements and Rational Forecasts
Equation (4.2)
U
Δ
M
t
−
2
≡
E[F
Δ
M
t
−
2
|{I
t
UI
A
}]
−
E[F
Δ
M
t
−
2
|I
t
]
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