RBA Annual Conference – 1992 Equation

f L , f K > 0 ; f π , f σ < 0 ; L π , L σ < 0 ,   and   K π , K σ < 0. MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOzamaaBa aaleaacaqGmbaabeaakiaacYcacaWGMbWaaSbaaSqaaiaabUeaaeqa aOGaeyOpa4JaaGimaiaacUdacaWGMbWaaSbaaSqaaiabec8aWbqaba GccaGGSaGaamOzamaaBaaaleaacqaHdpWCaeqaaOGaeyipaWJaaGim aiaacUdacaqGmbWaaSbaaSqaaiabec8aWbqabaGccaGGSaGaaeitam aaBaaaleaacqaHdpWCaeqaaOGaeyipaWJaaGimaiaacYcacaaMc8Ua aeyyaiaab6gacaqGKbGaaGPaVlaabUeadaWgaaWcbaGaeqiWdahabe aakiaacYcacaqGlbWaaSbaaSqaaiabeo8aZbqabaGccqGH8aapcaaI WaGaaiOlaaaa@5D17@