RDP 8709: Estimating the Inflationary Effects of Depreciation Equation (5)

p d =α[ w+( 1y ) ]+β[ r+( ky ) ]+γ[ p e +( ey ) ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCamaaBa aaleaacaqGKbaabeaakiabg2da9iabeg7aHnaadmaabaGaae4Daiab gUcaRmaabmaabaGaaGymaiabgkHiTiaadMhaaiaawIcacaGLPaaaai aawUfacaGLDbaacqGHRaWkcqaHYoGydaWadaqaaiaabkhacqGHRaWk daqadaqaaiaabUgacqGHsislcaWG5baacaGLOaGaayzkaaaacaGLBb GaayzxaaGaey4kaSIaeq4SdC2aamWaaeaacaqGWbWaaSbaaSqaaiaa bwgaaeqaaOGaey4kaSYaaeWaaeaacaqGLbGaeyOeI0IaamyEaaGaay jkaiaawMcaaaGaay5waiaaw2faaaaa@5920@