RDP 9506: The Liberalisation and Integration of Domestic Financial Markets in Western Pacific Economies Equation (A3.1)

Δ i t =μ β 1 i t1 + β 2 m t1 + Σ j=1 n1 π j Δ i tj + Σ j=1 n1 θ j Δ m tj MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam yAamaaBaaaleaacaWG0baabeaakiabg2da9iabeY7aTjabgkHiTiab ek7aInaaBaaaleaacaaIXaaabeaakiaadMgadaWgaaWcbaGaamiDai abgkHiTiaaigdaaeqaaOGaey4kaSIaeqOSdi2aaSbaaSqaaiaaikda aeqaaOGaamyBamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccq GHRaWkdaaeWbqaaiabec8aWnaaBaaaleaacaWGQbaabeaakiabfs5a ejaadMgadaWgaaWcbaGaamiDaiabgkHiTiaadQgaaeqaaOGaey4kaS YaaabCaeaacqaH4oqCdaWgaaWcbaGaamOAaaqabaGccqqHuoarcaWG TbWaaSbaaSqaaiaadshacqGHsislcaWGQbaabeaaaeaacaWGQbGaey ypa0JaaGymaaqaaiaad6gacqGHsislcaaIXaaaniabggHiLdaaleaa caWGQbGaeyypa0JaaGymaaqaaiaad6gacqGHsislcaaIXaaaniabgg HiLdaaaa@6BFF@