RDP 9509: Australian Wage and Price Inflation: 1971–1994 Equation

U * ϕ = γ 5 β 5 γ 1 + β 1 ( wp ) * ϕ = β 1 γ 5 + β 5 γ 1 γ 1 + β 1 >0 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaamaalaaabaGaeyOaIyRaamyvamaaCaaaleqabaGaaiOkaaaaaOqa aiabgkGi2kabew9aMbaacqGH9aqpdaWcaaqaaiabeo7aNnaaBaaale aacaaI1aaabeaakiabgkHiTiabek7aInaaBaaaleaacaaI1aaabeaa aOqaaiabeo7aNnaaBaaaleaacaaIXaaabeaakiabgUcaRiabek7aIn aaBaaaleaacaaIXaaabeaaaaaakeaadaWcaaqaaiabgkGi2oaabmaa baGaam4DaiabgkHiTiaadchaaiaawIcacaGLPaaadaahaaWcbeqaai aacQcaaaaakeaacqGHciITcqaHvpGzaaGaeyypa0ZaaSaaaeaacqaH YoGydaWgaaWcbaGaaGymaaqabaGccqaHZoWzdaWgaaWcbaGaaGynaa qabaGccqGHRaWkcqaHYoGydaWgaaWcbaGaaGynaaqabaGccqaHZoWz daWgaaWcbaGaaGymaaqabaaakeaacqaHZoWzdaWgaaWcbaGaaGymaa qabaGccqGHRaWkcqaHYoGydaWgaaWcbaGaaGymaaqabaaaaaaakiab g6da+iaaicdaaaa@67B9@