Skip to content
RDP 2015-05: The Social Costs of Currency Counterfeiting
Equation
A
0
Y
t
=
A
1
Y
t
−
1
+
γ
0
X
t
+
ε
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaCyqamaaBa aaleaacaaIWaaabeaakiaadMfadaWgaaWcbaGaamiDaaqabaGccqGH 9aqpcaWHbbWaaSbaaSqaaiaaigdaaeqaaOGaamywamaaBaaaleaaca WG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaHZoWzdaWgaaWcbaGa aGimaaqabaGccaWGybWaaSbaaSqaaiaadshaaeqaaOGaey4kaSIaeq yTdu2aaSbaaSqaaiaadshaaeqaaaaa@4966@