RDP 9307: Explaining Forward Discount Bias: Is it Anchoring? Equation (B6)

r t+1 d ≈ i t - g Δ s t+1 - ( 1 - g ) Δ p t+1 , and MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiaabkhadaqhaaWcbaGaaeiDaiaabUcacaqGXaaabaGaaeizaaaa kiabgIKi7kaabMgadaWgaaWcbaGaaeiDaaqabaGccaqGTaGaam4zai abfs5aejaabohadaWgaaWcbaGaaeiDaiaabUcacaqGXaaabeaakiaa b2cadaqadaqaaiaaigdacaqGTaGaam4zaaGaayjkaiaawMcaaiabfs 5aejaabchadaWgaaWcbaGaaeiDaiaabUcacaqGXaaabeaakiaacYca aeaacaqGHbGaaeOBaiaabsgaaaaaaa@51A4@