RDP 2005-06: Credit and Monetary Policy: An Australian SVAR
Equation (1)
B
X
t
≡
[
1
b
21
1
b
31
b
32
1
b
34
b
35
b
41
b
43
1
b
51
b
52
b
53
b
54
1
b
56
b
61
b
65
1
b
67
b
71
b
72
b
73
b
74
b
75
b
76
1
]
[
c
o
m
m
t
u
s
g
d
p
t
g
d
p
t
π
t
c
r
e
d
t
i
t
t
w
i
t
]
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