Bulletin – September Quarter 2017 Equation

Δ c t =λ( c t1 β X t1 β 0 )+ i=1 m δ i Δ c ti + j=0 n γ j ΔX tj + ε t X t =[ GD P t DepositRat e t AT M t EFTPO S t BankBranche s t ] MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@9BA1@