| B | = | an adjustment coefficient between measured and permanent income, |
| tr | = | the trend rate of growth, t = the present time period, and |
| T | = | an index of time periods; |
| T | = | t back to - infinity. |
| B | = | an adjustment coefficient between measured and permanent income, |
| tr | = | the trend rate of growth, t = the present time period, and |
| T | = | an index of time periods; |
| T | = | t back to - infinity. |