RDP 7903: Monetary Rules: A Preliminary Analysis
Equation
Dlog
P
g
=
.96
(
4.4
)
(
log
P
^
g
−
log
P
g
)
log
P
^
g
=
P
g
0
+
.80
(
23.7
)
log
W
+
(
1
−
.80
)
(
23.7
)
log
P
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