RDP 2003-03: Australia's Medium-Run Exchange Rate: A Macroeconomic Balance Approach Equation (B1)

x res =11.7 2.5 ( 0.7 ) p lab + 1.8y ( 0.1 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiEamaaBa aaleaacaWGYbGaamyzaiaadohaaeqaaOGaeyypa0JaeyOeI0IaaGym aiaaigdacaGGUaGaaG4naiabgkHiTmaaxababaGaaGOmaiaac6caca aI1aaaleaadaqadaqaaiaaicdacaGGUaGaaG4naaGaayjkaiaawMca aaqabaGccaWGWbWaaSbaaSqaaiaadYgacaWGHbGaamOyaaqabaGccq GHRaWkdaWfqaqaaiaaigdacaGGUaGaaGioaiaadMhaaSqaamaabmaa baGaaGimaiaac6cacaaIXaaacaGLOaGaayzkaaaabeaaaaa@51D2@