RDP 1999-01: The Phillips Curve in Australia Equation (D9)

z t|t1 = ϕ t z 1|0 + s yt s xt α, MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOEamaaBaaaleaacaWG0bGaaiiFaiaadshacqGHsislcaaIXaaabeaakiabg2da9iabew9aMnaaBaaaleaacaWG0baabeaakiaadQhadaWgaaWcbaGaaGymaiaacYhacaaIWaaabeaakiabgUcaRiaadohadaWgaaWcbaGaamyEaiaadshaaeqaaOGaeyOeI0Iaam4CamaaDaaaleaacaWG4bGaamiDaaqaaGGaaiab=jdiIcaakiabeg7aHjaacYcaaaa@4F55@