RDP 2016-02: Disagreement about Inflation Expectations Equation (1)

π i true πN( μ, σ 2 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aa0 baaSqaaiaadMgaaeaacaWG0bGaamOCaiaadwhacaWGLbaaaOGaeqiW daNaeSipIOJaamOtamaabmaabaGaeqiVd0Maaiilaiabeo8aZnaaCa aaleqabaGaaGOmaaaaaOGaayjkaiaawMcaaaaa@470A@