Skip to content
RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’
Equation (3)
π
t
=
ϕ
0
+
ϕ
1
r
t
−
1
+
ν
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaSbaaSqaaiaadshaaeqaaOGaeyypa0Jaeqy1dy2aaSbaaSqaaiaaicdaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaaigdaaeqaaOGaamOCamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaH9oGBdaWgaaWcbaGaamiDaaqabaaaaa@47C6@