RBA Annual Conference – 2017 Equation

PCo h x ( ω )= 1 ( M1 )M ab | f x a x b ( ω ) | f x a x b ( ω )= S x a x b ( ω ) σ x a σ x b = 1 2π k= Cov[ x a,t , x b,t+k ] σ x a σ x b e ikω MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@999F@