RDP 2003-11: How Should Monetary Policy Respond to Asset-Price Bubbles?
Equation (C2)
A
≡
(
λ
I
N
s
0
α
I
N
s
I
N
s
)
,
Z
t
≡
Z
t
(
y
t
Π
t
)
,
ξ
t
≡
(
X
t
−
β
R
t
0
)
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