RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy Equation (20)

R m , t = R m , t * + 1 m E t j = 1 m Δ e t + j . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOuamaaBa aaleaacaWGTbGaaiOlaiaadshaaeqaaOGaeyypa0JaamOuamaaDaaa leaacaWGTbGaaiilaiaadshaaeaacaGGQaaaaOGaey4kaSYaaSaaae aacaaIXaaabaGaamyBaaaacaWGfbWaaSbaaSqaaiaadshaaeqaaOWa aabCaeaacqqHuoarcaWGLbWaaSbaaSqaaiaadshacqGHRaWkcaWGQb aabeaaaeaacaWGQbGaeyypa0JaaGymaaqaaiaad2gaa0GaeyyeIuoa kiaac6caaaa@4F70@