RDP 2011-06: Does Equity Mispricing Influence Household and Firm Decisions?
Equation (15)
A
22
0
Δ
y
2
t
=
−
A
21
0
Δ
y
1
t
−
α
2
*
ξ
t
−
1
−
A
21
2
Δ
y
1
t
−
1
−
A
22
2
Δ
y
2
t
−
1
+
ε
t
T
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyqamaaDa aaleaacaaIYaGaaGOmaaqaaiaaicdaaaGccqqHuoarieqacaWF5bWa aSbaaSqaaiaaikdacaWG0baabeaakiabg2da9iabgkHiTiaadgeada qhaaWcbaGaaGOmaiaaigdaaeaacaaIWaaaaOGaeuiLdqKaa8xEamaa BaaaleaacaaIXaGaamiDaaqabaGccqGHsislcqaHXoqydaqhaaWcba GaaGOmaaqaaiaacQcaaaGccqaH+oaEdaWgaaWcbaGaamiDaiabgkHi TiaaigdaaeqaaOGaeyOeI0IaamyqamaaDaaaleaacaaIYaGaaGymaa qaaiaaikdaaaGccqqHuoarcaWF5bWaaSbaaSqaaiaaigdacaWG0bGa eyOeI0IaaGymaaqabaGccqGHsislcaWGbbWaa0baaSqaaiaaikdaca aIYaaabaGaaGOmaaaakiabfs5aejaa=LhadaWgaaWcbaGaaGOmaiaa dshacqGHsislcaaIXaaabeaakiabgUcaRiabew7aLnaaDaaaleaaca WG0baabaGaamivaaaaaaa@6854@