RDP 8703: Money Demand, Own Interest Rates and Deregulation Equation (5)

Δπ t =α( Δp t1 π t1 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngB PrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0x c9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8fr Fve9Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacaqGuo GaaeiWdmaaBaaaleaacaqG0baabeaakiabg2da9iabeg7aHnaabmaa baGaaeiLdiaabchadaWgaaWcbaGaaeiDaiabgkHiTiaaigdaaeqaaO GaeyOeI0IaeqiWda3aaSbaaSqaaiaabshacqGHsislcaaIXaaabeaa aOGaayjkaiaawMcaaaaa@49C7@