RDP 2008-05: Understanding the Flattening Phillips Curve Equation

m c t = ρ m c t 1 + u t , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyBaiaado gadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHbpGCcaWGTbGaam4y amaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcaWG1b WaaSbaaSqaaiaadshaaeqaaOGaaiilaaaa@4431@