Conference-1989 Studies in Money and Credit
Equation (15)
y
t
=
β
(
β
+
α
γ
+
α
β
γ
)
u
t
+
α
γ
(
β
+
α
β
γ
+
α
γ
)
v
t
+
λ
y
t
−
1
.
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