RDP 2000-07: The Effect of Uncertainty on Monetary Policy: How Good are the Brakes?
Equation (A6)
y
t
*
=
α
5
+
0.115
(
0.051
)
t
o
t
t
*
−
0.075
(
0.035
)
r
e
r
t
*
+
1.361
(
0.014
)
y
t
U
S
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