RDP 8710: Transmission of External Shocks in the RBII Model
Equation
DlogP
x
=
α
8
log
(
P
^
x
/
P
x
)
+
β
24
log
(
v
^
/
v
)
P
^
x
=
P
x
0
(
P
β
25
)
(
EP
wx
)
(
1.0
−
β
25
)
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