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@