RDP 2003-04: Identifying the Efficacy of Central Bank Interventions: Evidence from Australia Equation (7)

Δ e t =αIN T t +γ z t + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam yzamaaBaaaleaacaWG0baabeaakiabg2da9iabeg7aHjaadMeacaWG obGaamivamaaBaaaleaacaWG0baabeaakiabgUcaRiabeo7aNjaadQ hadaWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaH1oqzdaWgaaWcbaGa amiDaaqabaaaaa@4828@