RDP 8712: Policy Analysis with the MSG2 Model Equation (1.25)

λ=P I ( 1+β 15 J/K ), ( p I =P I /P ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaabU7acaqG9aGaaeiCamaaCaaaleqabaGaaeysaaaakmaabmaa baGaaeymaiaabUcacaqGYoWaaSbaaSqaaiaabgdacaqG1aaabeaaki aabQeacaqGVaGaae4saaGaayjkaiaawMcaaiaacYcaaeaadaqadaqa aiaabchadaahaaWcbeqaaiaabMeaaaGccaqG9aGaaeiuamaaCaaale qabaGaaeysaaaakiaab+cacaqGqbaacaGLOaGaayzkaaaaaaaa@4A55@