Symbol in context

$p_{t+1}$

This entry links every published equation using this exact notation. Its meaning may change between equations.

Meanings in context

Article-grounded definition

one classical discrete-generation recursion.

p_{t+1} = \frac{p_t(1+s)}{1 + s\,p_t}.

This equation states an equality: the expressions on both sides have the same value under the article’s assumptions.

p_{t+1} = \frac{p_t (1 + s)}{1 + s\, p_t}

This equation states an equality: the expressions on both sides have the same value under the article’s assumptions.