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Bulletin – September 2015
Equation (2)
Δ
ln
m
j
,
t
=
β
1
+
β
2
Δ
ln
D
j
,
t
+
β
3
Δ
ln
R
P
M
j
,
t
+
β
4
Δ
ln
U
N
C
j
,
t
+
F
E
j
+
ε
j
,
t
.
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