RDP 9411: Demand Shocks, Inflation and the Business Cycle
Equation (2)
Δ
P
t
=
α
+
β
1
Δ
D
t
+
β
2
Δ
C
t
+
μ
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam iuamaaBaaaleaacaWG0baabeaakiabg2da9iabeg7aHjabgUcaRiab ek7aInaaBaaaleaacaaIXaaabeaakiabfs5aejaadseadaWgaaWcba GaamiDaaqabaGccqGHRaWkcqaHYoGydaWgaaWcbaGaaGOmaaqabaGc cqqHuoarcaWGdbWaaSbaaSqaaiaadshaaeqaaOGaey4kaSIaeqiVd0 2aaSbaaSqaaiaaxcW7caWG0baabeaaaaa@4EEE@