RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy
Equation (2)
R
m
,
t
*
=
1
m
E
t
∑
j
=
1
m
R
1
,
t
+
j
−
1
*
m
=
2
,
3
,
4
,
…
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaadkfadaqhaaWcbaGaamyBaiaacYcacaWG0baabaGaaiOkaaaa kiabg2da9maalaaabaGaaGymaaqaaiaad2gaaaGaamyramaaBaaale aacaWG0baabeaakmaaqahabaGaamOuamaaDaaaleaacaaIXaGaaiil aiaadshacqGHRaWkcaWGQbGaeyOeI0IaaGymaaqaaiaacQcaaaaaba GaamOAaiabg2da9iaaigdaaeaacaWGTbaaniabggHiLdaakeaacaWG TbGaeyypa0JaaGOmaiaacYcacaaIZaGaaiilaiaaisdacaGGSaGaeS OjGSKaaiOlaaaaaaa@549A@