RDP 2011-02: Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy Equation (A5)

Λ t = λ Λ t u + ( 1 λ ) Λ t r MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaaeaaaaaaaaa8 qacqqHBoatdaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaH7oaBcqqH BoatdaqhaaWcbaGaamiDaaqaaiaadwhaaaGccqGHRaWkdaqadaqaai aaigdacqGHsislcqaH7oaBaiaawIcacaGLPaaacqqHBoatdaqhaaWc baGaamiDaaqaaiaadkhaaaaaaa@486C@