Skip to content
RDP 9206: Loan Rate Stickiness: Theory and Evidence
Equation (4)
∂
π
b
∂
p
b
=
q
b
+
[
p
b
−
∂
c
b
∂
q
b
]
∂
q
b
∂
p
b
=
0
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSaaaeaacq GHciITcqaHapaCdaahaaWcbeqaaiaadkgaaaaakeaacqGHciITcaWG WbWaaWbaaSqabeaacaWGIbaaaaaakiabg2da9iaadghadaahaaWcbe qaaiaadkgaaaGccqGHRaWkdaWadaqaaiaadchadaahaaWcbeqaaiaa dkgaaaGccqGHsisldaWcaaqaaiabgkGi2kaadogadaahaaWcbeqaai aadkgaaaaakeaacqGHciITcaWGXbWaaWbaaSqabeaacaWGIbaaaaaa aOGaay5waiaaw2faamaalaaabaGaeyOaIyRaamyCamaaCaaaleqaba GaamOyaaaaaOqaaiabgkGi2kaadchadaahaaWcbeqaaiaadkgaaaaa aOGaeyypa0JaaGimaaaa@5667@