RDP 2008-04: A Small Bvar-Dsge Model for Forecasting the Australian Economy
Equation (A4)
C
t
−
1
τ
=
β
E
t
(
C
t
+
1
−
1
τ
P
t
P
t
+
1
A
t
A
t
+
1
R
t
)
,
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@5EE1@