RDP 9007: Operating Objectives for Monetary Policy Equation (12)

(1+γ) p t c =( f 1 f 2 ) z t + E t p t+1 c . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiikaiaaig dacqGHRaWkcqaHZoWzcaGGPaGaaeiCamaaDaaaleaacaqG0baabaGa ae4yaaaakiabg2da9iaacIcacaqGMbWaaSbaaSqaaiaabgdaaeqaaO GaeyOeI0IaaeOzamaaBaaaleaacaqGYaaabeaakiaacMcacaqG6bWa aSbaaSqaaiaabshaaeqaaOGaey4kaSIaaeyramaaBaaaleaacaqG0b aabeaakiaabchadaqhaaWcbaGaaeiDaiabgUcaRiaaigdaaeaacaqG JbaaaOGaaiOlaaaa@4EE4@