RDP 8401: The Equations of the RBA82 Model of the Australian Economy
Equation
D
logP
=
β
21
DlogP
bt
+
β
21
Dlog
(
1.0
+
t
6
)
+
(
1.0
−
β
21
)
DlogP
x
DlogP
bt
=
α
7
log
(
P
^
bt
/
P
bt
)
+
β
22
log
(
P
m
^
/
M
)
+
β
23
log
(
ν
^
/
ν
)
P
^
bt
=
P
bt
0
[
1.0
/
(
1.0
−
β
¯
10
)
]
WL
(
1.0
+
t
4
)
/
y
^
nf
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=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@B297@