Bulletin – September 2015 Equation (A1)

Δ ln m j , t = β 1 + β 2 Δ ln D j , t + β 3 Δ ln R P M j , t + β 4 Δ ln U N C j , t + F E j + ε j , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqqHuo arciGGSbGaaiOBaiaad2gadaWgaaWcbaGaamOAaiaacYcacaWG0baa beaakiabg2da9iabek7aInaaBaaaleaacaaIXaaabeaakiabgUcaRi abek7aInaaBaaaleaacaaIYaaabeaakiabfs5aejGacYgacaGGUbGa amiramaaBaaaleaacaWGQbGaaiilaiaadshaaeqaaOGaey4kaSIaeq OSdi2aaSbaaSqaaiaaiodaaeqaaOGaeuiLdqKaciiBaiaac6gacaWG sbGaamiuaiaad2eadaWgaaWcbaGaamOAaiaacYcacaWG0baabeaaki abgUcaRiabek7aInaaBaaaleaacaaI0aaabeaakiabfs5aejGacYga caGGUbGaamyvaiaad6eacaWGdbWaaSbaaSqaaiaadQgacaGGSaGaam iDaaqabaaakeaacqGHRaWkcaWGgbGaamyramaaBaaaleaacaWGQbaa beaakiabgUcaRiabew7aLnaaBaaaleaacaWGQbGaaiilaiaadshaae qaaOGaaiOlaaaaaa@6CAA@