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RDP 8612: A Weekly Model of the Floating Australian Dollar
Equation
t
−
1
∇
e
t
=
(
1
1
+
β
+
β
L
−
1
(
1
+
β
)
2
)
+
β
2
L
−
1
(
1
+
β
)
3
…
)
α
t
−
1
∇
Z
t
=
α
t
−
1
∇
Z
t
=
α
μ
¯
t
−
1
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