RDP 9509: Australian Wage and Price Inflation: 1971–1994
Equation (A5)
U
−
U
*
=
−
(
β
4
+
γ
4
)
(
p
−
p
e
)
γ
1
+
β
1
−
(
β
2
+
γ
2
)
Δ
U
γ
1
+
β
1
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