RDP 9610: Share Prices and Investment
Equation (11)
q
t
=
2.2
(
6.3
)
+
1.3
(
7.8
)
(
π
K
)
t
−
1
−
3.5
(
4.7
)
R
t
−
0.3
(
0.3
)
Δ
P
t
+
0.3
(
11.7
)
D
t
+
ε
t
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