RDP 8905: Monetary Policy Instruments: A Theoretical Analysis Equation

p t = p t * + 1 αγ u t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCamaaBa aaleaacaqG0baabeaakiabg2da9iaabchadaWgaaWcbaGaaeiDaaqa baGcdaahaaWcbeqaaiaacQcaaaGccqGHRaWkdaWcaaqaaiaaigdaae aacaqGXoGaae4SdaaacaqG1bWaaSbaaSqaaiaabshaaeqaaaaa@4259@