RDP 2015-09: Inflation Targeting: A Victim of Its Own Success?
Equation
π
t
=
π
t
e
−
k
t
(
u
t
−
u
t
*
)
+
γ
t
π
^
t
4
,
m
+
ε
t
π
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0JaeqiWda3aa0baaSqaaiaadsha aeaacaWGLbaaaOGaeyOeI0Iaam4AamaaBaaaleaacaWG0baabeaakm aabmaabaGaamyDamaaBaaaleaacaWG0baabeaakiabgkHiTiaadwha daqhaaWcbaGaamiDaaqaaiaacQcaaaaakiaawIcacaGLPaaacqGHRa WkcqaHZoWzdaWgaaWcbaGaamiDaaqabaGccuaHapaCgaqcamaaDaaa leaacaWG0baabaGaaGinaiaacYcacaWGTbaaaOGaey4kaSIaeqyTdu 2aa0baaSqaaiaadshaaeaacqaHapaCaaGccaGGUaaaaa@577F@