Research Discussion Paper – 1974 Equation (A.41)

W E = 1 a + d X L t 1 + a b + d e a + d P N e + b + e a + d P T e + c a + d Q e a a + d t P e d a + d t Y e + a a + d t I e MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaadaWfGa qaaiaadEfacaWGfbaaleqabaGaeyOiGClaaOGaeyypa0ZaaSaaaeaa caaIXaaabaGaamyyaiabgUcaRiaadsgaaaGaamiwaiaadYeadaWgaa WcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSYaaSaaaeaacaWG HbGaeyOeI0IaamOyaiabgUcaRiaadsgacqGHsislcaWGLbaabaGaam yyaiabgUcaRiaadsgaaaGaamiuaiaad6eadaahaaWcbeqaaiaadwga aaGccqGHRaWkdaWcaaqaaiaadkgacqGHRaWkcaWGLbaabaGaamyyai abgUcaRiaadsgaaaWaaCbiaeaacaWGqbGaamivamaaCaaaleqabaGa amyzaaaaaeqabaGaeyOiGClaaaGcbaGaey4kaSYaaSaaaeaacaWGJb aabaGaamyyaiabgUcaRiaadsgaaaWaaCbiaeaacaWGrbWaaWbaaSqa beaacaWGLbaaaaqabeaacqGHIaYTaaGccqGHsisldaWcaaqaaiaadg gaaeaacaWGHbGaey4kaSIaamizaaaadaWfGaqaaiaadshacaWGqbWa aWbaaSqabeaacaWGLbaaaaqabeaacqGHIaYTaaGccqGHsisldaWcaa qaaiaadsgaaeaacaWGHbGaey4kaSIaamizaaaadaWfGaqaaiaadsha caWGzbWaaWbaaSqabeaacaWGLbaaaaqabeaacqGHIaYTaaGccqGHRa WkdaWcaaqaaiaadggaaeaacaWGHbGaey4kaSIaamizaaaadaWfGaqa aiaadshacaWGjbWaaWbaaSqabeaacaWGLbaaaaqabeaacqGHIaYTaa aaaaa@7E39@