RDP 9601: Why Does the Australian Dollar Move so Closely with the Terms of Trade?
Equation (C4)
a
^
=
1.06
,
b
^
=
−
0.00061
,
c
^
1
=
0.90
,
c
^
2
=
0.14
,
c
^
3
=
−
0.06
,
c
^
4
=
0.12
,
c
^
5
=
−
0.33
,
σ
^
ε
1
=
0.02
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