RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy Equation (3)

π t * = κ x t * + β E t π t + 1 * MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0 baaSqaaiaadshaaeaacaGGQaaaaOGaeyypa0JaeqOUdSMaamiEamaa DaaaleaacaWG0baabaGaaiOkaaaakiabgUcaRiabek7aIjaadweada WgaaWcbaGaamiDaaqabaGccqaHapaCdaqhaaWcbaGaamiDaiabgUca RiaaigdaaeaacaGGQaaaaaaa@48CE@