RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy Equation (13)

Δ e t = Δ q t + π t π t * . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam yzamaaBaaaleaacaWG0baabeaakiabg2da9iabfs5aejaadghadaWg aaWcbaGaamiDaaqabaGccqGHRaWkcqaHapaCdaWgaaWcbaGaamiDaa qabaGccqGHsislcqaHapaCdaqhaaWcbaGaamiDaaqaaiaacQcaaaGc caGGUaaaaa@470E@