RDP 2000-06: Inflation Targeting and Exchange Rate Fluctuations in Australia Equation (B3)

Δf y t = α fy 0.466 ( 4.48 ) ( f y t1 f y t1 trend )+ ε t fy R ¯ 2 =0.222 σ ^ =9.929% MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaGabeaacqqHuo arcaWGMbGaamyEamaaBaaaleaacaWG0baabeaakiabg2da9iabeg7a HnaaBaaaleaacaWGMbGaamyEaaqabaGccqGHsisldaWfqaqaaiaaic dacaGGUaGaaGinaiaaiAdacaaI2aaaleaadaqadaqaaiaaisdacaGG UaGaaGinaiaaiIdaaiaawIcacaGLPaaaaeqaaOWaaeWaaeaacaWGMb GaamyEamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHsisl caWGMbGaamyEamaaDaaaleaacaWG0bGaeyOeI0IaaGymaaqaaiaads hacaWGYbGaamyzaiaad6gacaWGKbaaaaGccaGLOaGaayzkaaGaey4k aSIaeqyTdu2aa0baaSqaaiaadshaaeaacaWGMbGaamyEaaaaaOqaau aabeqabiaaaeaaceWGsbGbaebadaahaaWcbeqaaiaaikdaaaGccqGH 9aqpcaaIWaGaaiOlaiaaikdacaaIYaGaaGOmaaqaaiqbeo8aZzaaja Gaeyypa0JaaGyoaiaac6cacaaI5aGaaGOmaiaaiMdacaGGLaaaaaaa aa@6CB0@