Research Discussion Paper – 1974 Equation (14)

P N = b 1 X N t 1 + b 2 W E e + b 3 P T e + b 4 Q e + b 5 t P e + b 6 t Y e + b 7 t I e MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaCbiaeaaca WGqbGaamOtaaWcbeqaaiabgkci3caakiabg2da9iaadkgadaWgaaWc baGaaGymaaqabaGccaWGybGaamOtamaaBaaaleaacaWG0bGaeyOeI0 IaaGymaaqabaGccqGHRaWkcaWGIbWaaSbaaSqaaiaaikdaaeqaaOWa aCbiaeaacaWGxbGaamyramaaCaaaleqabaGaamyzaaaaaeqabaGaey OiGClaaOGaey4kaSIaamOyamaaBaaaleaacaaIZaaabeaakmaaxaca baGaamiuaiaadsfadaahaaWcbeqaaiaadwgaaaaabeqaaiabgkci3c aakiabgUcaRiaadkgadaWgaaWcbaGaaGinaaqabaGcdaWfGaqaaiaa dgfadaahaaWcbeqaaiaadwgaaaaabeqaaiabgkci3caakiabgUcaRi aadkgadaWgaaWcbaGaaGynaaqabaGcdaWfGaqaaiaadshacaWGqbWa aWbaaSqabeaacaWGLbaaaaqabeaacqGHIaYTaaGccqGHRaWkcaWGIb WaaSbaaSqaaiaaiAdaaeqaaOWaaCbiaeaacaWG0bGaamywamaaCaaa leqabaGaamyzaaaaaeqabaGaeyOiGClaaOGaey4kaSIaamOyamaaBa aaleaacaaI3aaabeaakmaaxacabaGaamiDaiaadMeadaahaaWcbeqa aiaadwgaaaaabeqaaiabgkci3caaaaa@6C30@