RDP 8403: Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
Equation
Dk
=
α
2
(
k
^
−
k
)
k
^
=
β
7
k
^
1
+
(
1.0
−
β
7
)
k
^
2
k
^
1
=
β
8
(
mpk
−
r
k
)
+
β
9
(
D
log
P
−
(
λ
2
−
λ
1
)
)
k
^
2
=
D
logK
min
v
−
(
λ
2
−
λ
1
)
mpk
=
β
10
(
y
^
nf
−
g
1
)
/
K
r
k
=
(
r
b
/
4.0
)
−
D
logP
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