RDP 8403: Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
Equation (21′)
log
E
=
(
α
14
β
47
+
β
44
)
−
1
[
α
14
log
f
0
+
α
14
logP
+
α
14
log
y
+
α
14
β
46
(
r
b1
−
r
eu
)
+
α
14
β
47
log
E
^
+
α
14
β
48
QF
+
β
43
log
(
M
M
0
e
λ
2
t
)
+
β
44
log
(
q
0
P
x
x
/
P
i
i
)
+
β
45
(
Dr
b1
−
Dr
eu
)
−
D
logF
]
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