RDP 2003-11: How Should Monetary Policy Respond to Asset-Price Bubbles? Equation (C25)

β 1 ( P T Ω s P ) 1 P T χ s . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYfdmGievaebbnrfi fHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk 0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8frFve9 Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacqaHYoGyda ahaaWcbeqaaiabgkHiTiaaigdaaaGcdaqadaqaaiaadcfadaahaaWc beqaaiaadsfaaaGccqqHPoWvdaWgaaWcbaGaam4CaaqabaGccaWGqb aacaGLOaGaayzkaaWaaWbaaSqabeaacqGHsislcaaIXaaaaOGaamiu amaaCaaaleqabaGaamivaaaakiabeE8aJnaaBaaaleaacaWGZbaabe aakiaac6caaaa@479D@