RDP 2011-06: Does Equity Mispricing Influence Household and Firm Decisions?
Equation (19)
Δ
y
2
j
,
t
=
ϕ
1
j
′
Δ
y
1
t
−
1
+
ϕ
2
j
′
ξ
1
t
−
1
+
ϕ
3
j
′
z
t
+
φ
2
j
,
t
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