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RDP 2003-10: Productivity and Inflation
Equation (1)
A
i
t
=
α
i
+
A
i
t
−
1
+
A
i
t
−
2
+
P
i
t
−
1
+
P
i
t
−
2
+
Y
i
t
+
ε
i
t
,
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