RDP 9513: Financial Market Volatility and the World-wide Fall in Inflation Equation (6)

V a r T ( n j ) ¯ V a r T ( r j ) ¯ + V a r T ( π j e ) ¯ + 2 C o v T ( r j , π j e ) ¯ . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaa0aaaeaaca WGwbGaamyyaiaadkhadaWgaaWcbaGaamivaaqabaGcdaqadaqaaiaa d6gadaWgaaWcbaGaamOAaaqabaaakiaawIcacaGLPaaaaaGaeyyyIO 7aa0aaaeaacaWGwbGaamyyaiaadkhadaWgaaWcbaGaamivaaqabaGc daqadaqaaiaadkhadaWgaaWcbaGaamOAaaqabaaakiaawIcacaGLPa aaaaGaey4kaSYaa0aaaeaacaWGwbGaamyyaiaadkhadaWgaaWcbaGa amivaaqabaGcdaqadaqaaiabec8aWnaaDaaaleaacaWGQbaabaGaam yzaaaaaOGaayjkaiaawMcaaaaacqGHRaWkcaaIYaWaa0aaaeaacaWG dbGaam4BaiaadAhadaWgaaWcbaGaamivaaqabaGcdaqadaqaaiaadk hadaWgaaWcbaGaamOAaaqabaGccaGGSaGaeqiWda3aa0baaSqaaiaa dQgaaeaacaWGLbaaaaGccaGLOaGaayzkaaaaaiaac6caaaa@5F0E@