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RDP 1977-05: Modelling Monetary Disequilibrium
Equation
Dlog
T
1
=
α
20
(
log
T
^
1
−
log
T
1
)
log
T
^
1
=
T
01
+
log
t
1
+
β
42
log
Py
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6CB0@