RDP 8708: Risk Effects Versus Monetary Effects in the Determination of Short-Term Interest Rates Equation

E t−1 ( log p t * )=log m t−1 + δπ t−1 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyramaaBa aaleaacaqG0bGaaeylaiaabgdaaeqaaOWaaeWaaeaacaqGSbGaae4B aiaabEgacaaMc8UaaeiCamaaDaaaleaacaqG0baabaGaaeOkaaaaaO GaayjkaiaawMcaaiaaykW7caqG9aGaaGPaVlaabYgacaqGVbGaae4z aiaaykW7caqGTbWaaSbaaSqaaiaabshacaqGTaGaaeymaaqabaGcca aMc8Uaae4kaiaaykW7caqG0oGaaeiWdmaaBaaaleaacaqG0bGaaeyl aiaabgdaaeqaaaaa@5674@