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RDP 9701: Inflation Regimes and Inflation Expectations
Equation (7)
f
π
t
+
2
(
x
)
=
(
1
−
q
)
f
ε
(
x
−
Π
t
)
+
q
∫
−
∞
∞
f
η
(
x
−
ε
)
f
ε
(
ε
)
d
ε
,
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6564@