RDP 2015-10: The Life of Australian Banknotes Equation (11)

F t = n = 1 t ( p e ( e x β / k n / λ ) k + ( 1 p ) ) I n + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOramaaBa aaleaacaWG0baabeaakiabg2da9maaqahabaWaaeWaaeaacaWGWbGa eyyXICTaamyzamaaCaaaleqabaGaeyOeI0YaaeWaaeaacaWGLbWaaW baaWqabeaadaWcgaqaaiqadIhagaqbaiabek7aIbqaaiaadUgaaaaa aSGaamOBaiaac+cacqaH7oaBaiaawIcacaGLPaaadaahaaadbeqaai aadUgaaaaaaOGaey4kaSYaaeWaaeaacaaIXaGaeyOeI0IaamiCaaGa ayjkaiaawMcaaaGaayjkaiaawMcaaiaadMeadaWgaaWcbaGaamOBaa qabaGccqGHRaWkcqaH1oqzdaWgaaWcbaGaamiDaaqabaaabaGaamOB aiabg2da9iaaigdaaeaacaWG0baaniabggHiLdaaaa@5B31@