Skip to content
RDP 2016-10: The Effect of Consumer Sentiment on Consumption
Equation (2)
p
i
,
j
,
t
p
o
s
=
d
e
f
Pr
(
s
i
,
j
,
t
*
>
μ
j
,
t
h
i
g
h
)
=
Pr
(
ε
i
,
j
,
t
>
μ
j
,
t
h
i
g
h
−
X
i
t
Γ
j
,
t
−
ϕ
j
,
t
A
L
P
i
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@7989@