RDP 1977-05: Modelling Monetary Disequilibrium Equation

Dlog N= α 12 ( log  N ^ −log N ) log  N ^ = N 0 + β 24  log ( 1− t 1 )WL Py +log L MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6C42@