RDP 9007: Operating Objectives for Monetary Policy
Equation (1)
Production
of
non
−
tradeables
:
y
t
n
=
β
(
p
t
n
−
E
t
−
1
p
t
)
+
u
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaabcfacaqGYbGaae4BaiaabsgacaqG1bGaae4yaiaabshacaqG PbGaae4Baiaab6gacaaMc8Uaae4BaiaabAgacaaMc8UaaeOBaiaab+ gacaqGUbGaeyOeI0IaaeiDaiaabkhacaqGHbGaaeizaiaabwgacaqG HbGaaeOyaiaabYgacaqGLbGaae4CaiaacQdaaeaacaqG5bWaa0baaS qaaiaabshaaeaacaqGUbaaaOGaeyypa0JaeqOSdiMaaiikaiaabcha daqhaaWcbaGaaeiDaaqaaiaab6gaaaGccqGHsislcaqGfbWaaSbaaS qaaiaabshacqGHsislcaaIXaaabeaakiaabchadaWgaaWcbaGaaeiD aaqabaGccaGGPaGaey4kaSIaaeyDamaaBaaaleaacaqG0baabeaaaa aaaa@65C0@