Bulletin – June Quarter 2013 Equation (1)

M j t = c + α X j t + β D D j t + δ X R j t + ( η j + T t + ε j t ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaaeaaaaaaaaa8 qacaWGnbWdamaaBaaaleaapeGaamOAaiaadshaa8aabeaakiabg2da 9iaadogacqGHRaWkcqaHXoqycaWGybWaaSbaaSqaaiaadQgacaWG0b aabeaakiabgUcaRiabek7aIjaadseacaWGebWaaSbaaSqaaiaadQga caWG0baabeaakiabgUcaRiabes7aKjaadIfacaWGsbWaaSbaaSqaai aadQgacaWG0baabeaakiabgUcaRiaacIcacqaH3oaAdaWgaaWcbaGa amOAaaqabaGccqGHRaWkcaWGubWaaSbaaSqaaiaadshaaeqaaOGaey 4kaSccciGae8xTdu2aaSbaaSqaaiaadQgacaWG0baabeaakiaacMca aaa@59CE@