Research Discussion Paper – 1974 Equation (23)

W E = a 1 X L + a 2 β W A * + ( a 3 a 2 ( 1 β ) β ) ( P W : E R ) e + ( a 4 a 2 β ) Q e + a 5 t P e + a 6 t Y e + a 7 t I e MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGxb Gaamyraiabg2da9iaadggadaWgaaWcbaGaaGymaaqabaGccaWGybGa amitaiabgUcaRmaalaaabaGaamyyamaaBaaaleaacaaIYaaabeaaaO qaaiabek7aIbaacaWGxbGaamyqaiaacQcacqGHRaWkdaqadaqaaiaa dggadaWgaaWcbaGaaG4maaqabaGccqGHsisldaWcaaqaaiaadggada WgaaWcbaGaaGOmaaqabaGcdaqadaqaaiaaigdacqGHsislcqaHYoGy aiaawIcacaGLPaaaaeaacqaHYoGyaaaacaGLOaGaayzkaaWaaeWaae aacaWGqbGaam4vaiaacQdacaWGfbGaamOuaaGaayjkaiaawMcaamaa CaaaleqabaGaamyzaaaaaOqaaiabgUcaRmaabmaabaGaamyyamaaBa aaleaacaaI0aaabeaakiabgkHiTmaalaaabaGaamyyamaaBaaaleaa caaIYaaabeaaaOqaaiabek7aIbaaaiaawIcacaGLPaaadaWfGaqaai aadgfadaahaaWcbeqaaiaadwgaaaaabeqaaiabgkci3caakiabgUca RiaadggadaWgaaWcbaGaaGynaaqabaGcdaWfGaqaaiaadshacaWGqb WaaWbaaSqabeaacaWGLbaaaaqabeaacqGHIaYTaaGccqGHRaWkcaWG HbWaaSbaaSqaaiaaiAdaaeqaaOWaaCbiaeaacaWG0bGaamywamaaCa aaleqabaGaamyzaaaaaeqabaGaeyOiGClaaOGaey4kaSIaamyyamaa BaaaleaacaaI3aaabeaakmaaxacabaGaamiDaiaadMeadaahaaWcbe qaaiaadwgaaaaabeqaaiabgkci3caaaaaa@79EC@