RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times
Equation (3)
Ω
t
=
F
(
z
t
−
1
)
Ω
R
+
(
1
−
F
(
z
t
−
1
)
)
Ω
E
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaCyQdmaaBaaaleaacaWG0baabeaakiabg2da9iaadAeadaqadaqaaiaadQhadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaaGccaGLOaGaayzkaaGaaCyQdmaaBaaaleaacaWGsbaabeaakiabgUcaRmaabmaabaGaaGymaiabgkHiTiaadAeadaqadaqaaiaadQhadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaaGccaGLOaGaayzkaaaacaGLOaGaayzkaaGaaCyQdmaaBaaaleaacaWGfbaabeaaaaa@4E32@