RDP 9809: Estimating Output Gaps Equation (20)

l T =lf( 1nairu )( p T /p ) ( ftequiv/N ) T MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiBamaaCa aaleqabaGaamivaaaakiabg2da9iaadYgacaWGMbWaaeWaaeaacaaI XaGaeyOeI0IaamOBaiaadggacaWGPbGaamOCaiaadwhaaiaawIcaca GLPaaadaqadaqaaiaadchadaahaaWcbeqaaiaadsfaaaGccaGGVaGa amiCaaGaayjkaiaawMcaamaabmaabaGaamOzaiaadshacaWGLbGaam yCaiaadwhacaWGPbGaamODaiaac+cacaWGobaacaGLOaGaayzkaaWa aWbaaSqabeaacaWGubaaaaaa@52B4@