RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination Equation (63)

π t = ν 2 π H t + 2 ν 2 π F t , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0ZaaSaaaeaacqaH9oGBaeaacaaI Yaaaaiabec8aWnaaBaaaleaacaWGibGaamiDaaqabaGccqGHRaWkda WcaaqaaiaaikdacqGHsislcqaH9oGBaeaacaaIYaaaaiabec8aWnaa BaaaleaacaWGgbGaamiDaaqabaGccaGGSaaaaa@499B@