RDP 9007: Operating Objectives for Monetary Policy Equation

R t = 1 δ ( p t + y t )+ 1 δ υ t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeOuamaaBa aaleaacaqG0baabeaakiabg2da9maalaaabaGaaGymaaqaaiabes7a KbaacaGGOaGaaeiCamaaBaaaleaacaqG0baabeaakiabgUcaRiaabM hadaWgaaWcbaGaaeiDaaqabaGccaGGPaGaey4kaSYaaSaaaeaacaaI XaaabaGaeqiTdqgaaiabew8a1naaBaaaleaacaqG0baabeaakiaac6 caaaa@48EA@