RDP 9504: The Link Between the Cash Rate and Market Interest Rates
Equation (5)
r
d
=
β
r
c
a
s
h
+
(
1
−
β
)
r
l
o
w
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOCamaaBa aaleaacaWGKbaabeaakiabg2da9iabek7aIjaadkhadaWgaaWcbaGa am4yaiaadggacaWGZbGaamiAaaqabaGccqGHRaWkdaqadaqaaiaaig dacqGHsislcqaHYoGyaiaawIcacaGLPaaacaWGYbWaaSbaaSqaaiaa dYgacaWGVbGaam4Daaqabaaaaa@494B@