RDP 2003-11: How Should Monetary Policy Respond to Asset-Price Bubbles? Equation (D4)

L μ+ q 2 1 ( 1αq ) 2 ( α y s+k + π s+k ) 2 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYfdmGievaebbnrfi fHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk 0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8frFve9 Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacaWGmbWaaW baaSqabeaacqGHxiIkaaGccqGHLjYSdaWcaaqaaiabeY7aTjabgUca RiaadghadaahaaWcbeqaaiaaikdaaaaakeaacaaIXaGaeyOeI0Yaae WaaeaacaaIXaGaeyOeI0IaeqySdeMaamyCaaGaayjkaiaawMcaamaa CaaaleqabaGaaGOmaaaaaaGcdaqadaqaaiabeg7aHjaadMhadaWgaa WcbaGaam4CaiabgUcaRiaadUgaaeqaaOGaey4kaSIaeqiWda3aaSba aSqaaiaadohacqGHRaWkcaWGRbaabeaaaOGaayjkaiaawMcaamaaCa aaleqabaGaaGOmaaaaaaa@5420@