Research Discussion Paper – 1974 Equation (A.57)

P N • = b 1   X N t − 1 + b 2   W E e • + b 3   P T e • + b 4   Q e • + b 5   t P e • + b 6   t Y e • + b 7 t I e • MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaCbiaeaaca WGqbGaamOtaaWcbeqaaiabgkci3caakiabg2da9iaadkgadaWgaaWc baGaaGymaaqabaGccaaMc8Uaamiwaiaad6eadaWgaaWcbaGaamiDai abgkHiTiaaigdaaeqaaOGaey4kaSIaamOyamaaBaaaleaacaaIYaaa beaakiaaykW7daWfGaqaaiaadEfacaWGfbWaaWbaaSqabeaacaWGLb aaaaqabeaacqGHIaYTaaGccqGHRaWkcaWGIbWaaSbaaSqaaiaaioda aeqaaOGaaGPaVpaaxacabaGaamiuaiaadsfadaahaaWcbeqaaiaadw gaaaaabeqaaiabgkci3caakiabgUcaRiaadkgadaWgaaWcbaGaaGin aaqabaGccaaMc8+aaCbiaeaacaWGrbWaaWbaaSqabeaacaWGLbaaaa qabeaacqGHIaYTaaGccqGHRaWkcaWGIbWaaSbaaSqaaiaaiwdaaeqa aOGaaGPaVpaaxacabaGaamiDaiaadcfadaahaaWcbeqaaiaadwgaaa aabeqaaiabgkci3caakiabgUcaRiaadkgadaWgaaWcbaGaaGOnaaqa baGccaaMc8+aaCbiaeaacaWG0bGaamiuamaaCaaaleqabaGaamyzaa aaaeqabaGaeyOiGClaaOGaey4kaSIaamOyamaaBaaaleaacaaI3aaa beaakmaaxacabaGaamiDaiaadMeadaahaaWcbeqaaiaadwgaaaaabe qaaiabgkci3caaaaa@7569@