RDP 2000-05: A Small Model of the Australian Macroeconomy
Equation (2)
Δ
θ
t
=
β
1
+
β
2
θ
t
−
1
+
β
3
t
o
t
t
−
1
+
β
4
(
r
t
−
1
−
r
t
−
1
*
)
+
β
5
Δ
t
o
t
t
+
ω
t
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