RDP 2015-05: The Social Costs of Currency Counterfeiting Equation

A 0 Δ Y t = α β Y t 1 + j = 1 J A j Δ Y t j + γ 0 X t + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaCyqamaaBa aaleaacaaIWaaabeaakiabfs5aejaadMfadaWgaaWcbaGaamiDaaqa baGccqGH9aqpcqGHsislcqaHXoqycuaHYoGygaqbaiaadMfadaWgaa WcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSYaaabmaeaacaWH bbWaaSbaaSqaaiaadQgaaeqaaOGaeuiLdqKaamywamaaBaaaleaaca WG0bGaeyOeI0IaamOAaaqabaGccqGHRaWkcqaHZoWzdaWgaaWcbaGa aGimaaqabaGccaWGybWaaSbaaSqaaiaadshaaeqaaOGaey4kaSIaeq yTdu2aaSbaaSqaaiaadshaaeqaaaqaaiaadQgacqGH9aqpcaaIXaaa baGaamOsaaqdcqGHris5aaaa@5AE0@