RDP 2011-06: Does Equity Mispricing Influence Household and Firm Decisions?
Equation (11)
A
0
Δ
y
t
=
−
α
*
β
′
y
t
−
1
+
ν
t
ν
t
=
Ψ
(
L
)
ν
t
−
1
+
ε
t
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