RDP 8702: Open Market Operations in Australia: A U.S. Perspective
Equation (A1)
r
t
=
ψ
0
+
ψ
1
m
t
*
+
ψ
2
ν
t
−
1
+
ψ
3
e
t
+
ψ
4
u
t
+
ψ
5
w
t
+
ψ
6
δ
t
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