RDP 8401: The Equations of the RBA82 Model of the Australian Economy Equation

Dlog( P d d )= α 1  log( P d ^ / P d d )+ β 1  log( P m ^ /M ) d ^ = d 0 y d e β 2 [ ( r a /4.0 )DlogP ] y d =y T 1 /P+c P d = P d 0 [ EP i ( 1+ t 3 ) ] β ¯ 3 P ( 1.0 β ¯ 3 ) m ^ = m 0 ye β 4 r m + β 5 r b + β 6 r b1 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=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@AE13@