RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
W
=
.45
(
4.4
)
(
log
(
1
−
.3
)
y
¯
L
−
log
W
P
)
+
.69
(
10.1
)
log
L
/
ϕ
0
N
^
+
.14
(
5.0
)
log
(
W
A
w
0
e
λ
5
t
)
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