RDP 8602: Short-Term Interest Rates, Weekly Money Announcements and Rational Forecasts
Equation (1)
Δ
r
t
=
α
+
β
U
Δ
M
t
−
2
+
γ
E
Δ
M
t
−
2
+
μ
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam OCamaaBaaaleaacaqG0baabeaakiabg2da9iabeg7aHjabgUcaRiab ek7aIjaabwfacqqHuoarcaqGnbWaaSbaaSqaaiaabshacqGHsislca aIYaaabeaakiabgUcaRiabeo7aNjaadweacqqHuoarcaWGnbWaaSba aSqaaiaadshacqGHsislcaaIYaaabeaakiaaykW7cqGHRaWkcqaH8o qBdaWgaaWcbaGaaeiDaaqabaaaaa@5235@