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
,
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