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RDP 8709: Estimating the Inflationary Effects of Depreciation
Equation
p
m
i
=
α
1
+
α
2
er
0
i
+
α
3
er
−
1
i
+
α
4
p
i
+
α
5
oil
i
+
ε
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiCamaaBa aaleaacaqGTbWaaSbaaWqaaiaabMgaaeqaaaWcbeaakiabg2da9iab eg7aHnaaBaaaleaacaaIXaaabeaakiabgUcaRiabeg7aHnaaBaaale aacaaIYaaabeaakiaaykW7caqGLbGaaeOCamaaBaaaleaacaaIWaWa aSbaaWqaaiaabMgaaeqaaaWcbeaakiabgUcaRiabeg7aHnaaBaaale aacaaIZaaabeaakiaaykW7caqGLbGaaeOCamaaBaaaleaacqGHsisl caaIXaWaaSbaaWqaaiaabMgaaeqaaaWcbeaakiabgUcaRiabeg7aHn aaBaaaleaacaaI0aaabeaakiaabchadaWgaaWcbaGaaeyAaaqabaGc cqGHRaWkcqaHXoqydaWgaaWcbaGaaGynaaqabaGccaaMc8Uaae4Bai aabMgacaqGSbWaaSbaaSqaaiaabMgaaeqaaOGaey4kaSIaeqyTdu2a aSbaaSqaaiaabshaaeqaaaaa@61BC@