RDP 2011-02: Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy
Equation (A6)
π
t
=
β
E
t
π
t
+
1
+
λ
˜
m
c
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaaeaaaaaaaaa8 qacqaHapaCdaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHYoGyieaa caWFjbWexLMBb50ujbqegmuyZrxzSXwyYbacfaWdaiab+veafnaaBa aaleaacaWG0baabeaakiabec8aWnaaBaaaleaacaWG0bGaey4kaSIa aGymaaqabaGccqGHRaWkcuaH7oaBgaacaiaad2gacaWGJbWaaSbaaS qaaiaadshaaeqaaaaa@4F20@