RBA Annual Conference – 2016 Equation (4)

Δln Y j = ν ¯ j V Δln V j + ν ¯ j M Δln M j MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiLdiaabYgacaqGUbGaamywamaaBaaaleaacaWGQbaabeaakiabg2da9iqbe27aUzaaraWaa0baaSqaaiaadQgaaeaacaWGwbaaaOGaaeiLdiaabYgacaqGUbGaamOvamaaBaaaleaacaWGQbaabeaakiabgUcaRiqbe27aUzaaraWaa0baaSqaaiaadQgaaeaacaWGnbaaaOGaaeiLdiaabYgacaqGUbGaamytamaaBaaaleaacaWGQbaabeaaaaa@4E53@