RDP 8401: The Equations of the RBA82 Model of the Australian Economy
Equation
DlogW
=
α
10
log
(
W
^
/
W
)
+
β
29
log
(
L
/
ϕ
0
N
^
)
+
β
32
log
(
P
m
^
/
m
)
+
β
30
log
(
w
a
/
w
a
0
e
λ
5
t
)
+
β
31
(
D
logw
a
−
λ
5
)
W
^
=
W
0
(
1.
0
¯
−
β
10
)
P
y
^
nf
/
L
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