RDP 2011-06: Does Equity Mispricing Influence Household and Firm Decisions? Equation (21)

Δ y 22 t = Θ 21 Δ y t 1 + θ 22 ξ t 1 + Θ 23 u ^ t P , T + θ 24 z t + η 22 t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam yEamaaBaaaleaacaaIYaGaaGOmaiaadshaaeqaaOGaeyypa0JaeuiM de1aaSbaaSqaaiaaikdacaaIXaaabeaakiabfs5aeHqabiaa=Lhada WgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqiUde3a aSbaaSqaaiaaikdacaaIYaaabeaakiabe67a4naaBaaaleaacaWG0b GaeyOeI0IaaGymaaqabaGccqGHRaWkcqqHyoqudaWgaaWcbaGaaGOm aiaaiodaaeqaaOWaaecaaeaacaWG1baacaGLcmaadaqhaaWcbaGaam iDaaqaaiaadcfacaGGSaGaamivaaaakiabgUcaRiabeI7aXnaaBaaa leaacaaIYaGaaGinaaqabaGccaWG6bWaaSbaaSqaaiaadshaaeqaaO Gaey4kaSIaeq4TdG2aaSbaaSqaaiaaikdacaaIYaGaamiDaaqabaaa aa@623F@