RDP 2003-03: Australia's Medium-Run Exchange Rate: A Macroeconomic Balance Approach
Equation (10)
e
^
=
−
4
y
^
+
0.4
y
^
∗
−
10.6
d
(
C
A
P
Y
)
−
0.1
d
(
N
I
D
P
Y
)
+
1.9
p
^
∗
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