Research Discussion Paper – 1974 Equation (A.6)

H DL = WE ( 1 + TP ) + λ Y ( ) DL = 0 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSaaaeaacq GHciITcaqGibaabaGaeyOaIyRaaeiraiaabYeaaaGaeyypa0JaeyOe I0Iaae4vaiaabweadaqadaqaaiaaigdacqGHRaWkcaqGubGaaeiuaa GaayjkaiaawMcaaiabgUcaRmaalaaabaGaeq4UdWMaeyOaIyRaaeyw amaabmaabaGaaGPaVlaaykW7caaMc8UaaGPaVlaaykW7aiaawIcaca GLPaaaaeaacqGHciITcaqGebGaaeitaaaacaaMc8Uaeyypa0JaaGPa Vlaaicdaaaa@5992@