RDP 9706: Is the Phillips Curve A Curve? Some Evidence and Implications for Australia Equation (7)

π t e = δ π t e ( L T E ) + θ 1 π t 1 + θ 2 π t 2 + θ 3 π t 3 + θ 4 π t 4 . MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@657C@