RDP 2006-05: Optimal Monetary Policy with Real-time Signal Extraction from the Bond Market Equation (A13)

E v t v t =[ Σ vv cb 0 0 Σ vv YY ],E v ^ t v ^ t =[ Σ vv ZZ 0 0 Σ vv YY ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyraiaahA hadaWgaaWcbaGaamiDaaqabaGcceWH2bGbauaadaWgaaWcbaGaamiD aaqabaGccqGH9aqpdaWadaqaauaabeqaciaaaeaacqqHJoWudaqhaa WcbaGaamODaiaadAhaaeaacaWGJbGaamOyaaaaaOqaaiaaicdaaeaa caaIWaaabaGaeu4Odm1aa0baaSqaaiaadAhacaWG2baabaGaamyEai aadMhaaaaaaaGccaGLBbGaayzxaaGaaiilaiaadweadaqiaaqaaiaa hAhaaiaawkWaamaaBaaaleaacaWG0baabeaakmaaHaaabaGaaCODaa GaayPadaWaaWbaaSqabeaakiadacUHYaIOaaWaaSbaaSqaaiaadsha aeqaaOGaeyypa0ZaamWaaeaafaqabeGacaaabaGaeu4Odm1aa0baaS qaaiaadAhacaWG2baabaGaamOwaiaadQfaaaaakeaacaaIWaaabaGa aGimaaqaaiabfo6atnaaDaaaleaacaWG2bGaamODaaqaaiaadMhaca WG5baaaaaaaOGaay5waiaaw2faaaaa@64E2@