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Jun 28, 2021 at 15:11 vote accept PGabriel96
Jun 28, 2021 at 15:10 comment added PGabriel96 Thank you, VARRulle. I was wondering if it could be a mistake in the book as you said, but even considering this I was stuck because I wasn't able to get the rationale behind that $(1 + π) \frac{dZ_t}{d π}$ would be "neutral" to the equation since the right hand side is set to zero. Now that you explained this, it is so clear to me.
Jun 28, 2021 at 9:14 history answered VARulle CC BY-SA 4.0