RDP 2016-10: The Effect of Consumer Sentiment on Consumption Equation (7)

log ( m v i t ) = α i + j = T 0 T 1 δ j d t + j = T 0 , j T τ T 1 β j ( d t × A L P i τ ) + ε i , t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@72F2@