RDP 9204: The Term Structure of Interest Rates, Real Activity and inflation
Equation (15)
π
t
m
−
π
t
n
=
(
i
t
m
−
i
t
n
)
+
(
r
t
m
−
r
t
n
)
+
(
ε
t
m
−
ε
t
n
)
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