RDP 8711: Deviations from Purchasing Power Parity: The Australian Case Equation (2)

s t = s t e + μ t ,E( μ t | I t1 )=0 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4CamaaBaaaleaacaqG0baabeaakiabg2da9iaabohadaqhaaWcbaGaaeiDaaqaaiaabwgaaaGccqGHRaWkcqaH8oqBdaWgaaWcbaGaaeiDaaqabaGccaGGSaGaaGPaVlaabweadaqadaqaaiabeY7aTnaaBaaaleaacaqG0baabeaakiaacYhacaqGjbWaaSbaaSqaaiaabshacqGHsislcaaIXaaabeaaaOGaayjkaiaawMcaaiabg2da9iaaicdaaaa@4DBE@