Conference-1989 Studies in Money and Credit Equation (4)

p t = 1 α( 1+γ ) u t + γ 1+γ Σ { 1 1+γ } i E t p t+i * MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiCamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaaGymaaqaaiabeg7a HnaabmaabaGaaGymaiabgUcaRiabeo7aNbGaayjkaiaawMcaaaaaca WG1bWaaSbaaSqaaiaadshaaeqaaOGaey4kaSYaaSaaaeaacqaHZoWz aeaacaaIXaGaey4kaSIaeq4SdCgaaiabfo6atnaacmaabaWaaSaaae aacaaIXaaabaGaaGymaiabgUcaRiabeo7aNbaaaiaawUhacaGL9baa daahaaWcbeqaaiaadMgaaaGccaWGfbWaaSbaaSqaaiaadshaaeqaaO GaamiCamaaBaaaleaacaWG0bGaey4kaSIaaGymaaqabaGccaGGQaaa aa@57AE@