RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy Equation (6)

a t * = ρ a * a t 1 * + ε a , t * MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyyamaaDa aaleaacaWG0baabaGaaiOkaaaakiabg2da9iabeg8aYnaaDaaaleaa caWGHbaabaGaaiOkaaaakiaadggadaqhaaWcbaGaamiDaiabgkHiTi aaigdaaeaacaGGQaaaaOGaey4kaSIaeqyTdu2aa0baaSqaaiaadgga caGGSaGaamiDaaqaaiaacQcaaaaaaa@47AA@