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RDP 9206: Loan Rate Stickiness: Theory and Evidence
Equation
p
l
i
m
β
−
β
=
−
σ
m
2
β
σ
x
2
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiCaiaadY gacaWGPbGaamyBaiaaykW7caqGYoGaeyOeI0IaaeOSdiabg2da9maa laaabaGaeyOeI0Iaeq4Wdm3aa0baaSqaaiaad2gaaeaacaaIYaaaaO GaaeOSdaqaaiabeo8aZnaaDaaaleaacaWG4baabaGaaGOmaaaaaaaa aa@4930@