RDP 9209: Financial Liberalisation and Consumption Behaviour Equation (8)

y t d = X t−1 β+u t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyEamaaDa aaleaacaqG0baabaGaaeizaaaakiabg2da9iaabIfadaWgaaWcbaGa aeiDaiaab2cacaqGXaaabeaakiaabk7acaqGRaGaaeyDamaaBaaale aacaqG0baabeaaaaa@417A@