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RDP 1977-05: Modelling Monetary Disequilibrium
Equation
Dr
=
α
23
(
r
^
−
r
)
+
β
43
QS
+
β
44
log
R
ϕ
o
M
+
β
45
Dlog
R
+
β
46
Dlog
M
+
β
47
log
L
ϕ
o
N
r
^
=
r
o
+
4.0
Dlog
P
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