RDP 2010-03: Modelling Inflation in Australia
Equation (A3)
(
1
+
β
α
)
π
t
=
α
π
t
−
1
+
β
E
t
π
t
+
1
+
ψ
(
m
c
t
−
p
t
)
−
e
t
−
α
π
t
*
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaeWaaeaaca aIXaGaey4kaSIaeqOSdiMaeqySdegacaGLOaGaayzkaaGaeqiWda3a aSbaaSqaaiaadshaaeqaaOGaeyypa0JaeqySdeMaeqiWda3aaSbaaS qaaiaadshacqGHsislcaaIXaaabeaakiabgUcaRiabek7aIjaadwea daWgaaWcbaGaamiDaaqabaGccqaHapaCdaWgaaWcbaGaamiDaiabgU caRiaaigdaaeqaaOGaey4kaSIaeqiYdK3aaeWaaeaacaWGTbGaam4y amaaBaaaleaacaWG0baabeaakiabgkHiTiaadchadaWgaaWcbaGaam iDaaqabaaakiaawIcacaGLPaaacqGHsislcaWGLbWaaSbaaSqaaiaa dshaaeqaaOGaeyOeI0IaeqySdeMaeqiWda3aa0baaSqaaiaadshaae aacaGGQaaaaaaa@62FC@