RDP 2006-05: Optimal Monetary Policy with Real-time Signal Extraction from the Bond Market
Equation (57)
Y
t
=
q
+
[
Q
1
Q
2
]
X
¯
t
+
v
t
Y
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaBa aaleaacaWG0baabeaakiabg2da9iaahghacqGHRaWkdaWadaqaauaa baqabiaaaeaacaWGrbWaaSbaaSqaaiaaigdaaeqaaaGcbaGaamyuam aaBaaaleaacaaIYaaabeaaaaaakiaawUfacaGLDbaaceWGybGbaeba daWgaaWcbaGaamiDaaqabaGccqGHRaWkcaWH2bWaa0baaSqaaiaads haaeaacaWG5baaaOGaaiOlaaaa@4777@