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RDP 1977-05: Modelling Monetary Disequilibrium
Equation
Dlog
y
=
α
16
(
log
y
^
−
log
y
)
+
β
30
(
log
v
^
−
log
v
)
y
^
=
[
1
−
i
0
(
EP
i
(
1
+
t
3
)
P
)
β
31
e
β
32
QE
]
S
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