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RDP 1977-05: Modelling Monetary Disequilibrium
Equation
Dlog
A
=
α
19
(
log
A
^
−
log
A
)
+
β
37
log
[
Py
(
Py
)
0
e
λ
2
t
]
+
β
38
QA
+
β
39
QF
1
log
A
^
=
A
0
+
log
(
1
−
Z
)
M
β
40
r
+
β
41
r
w
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