RDP 2003-12: The Real-Time Forecasting Performance of Phillips Curves
Equation (4)
Δ
4
p
t
=
0.36
f
t
p
c
+
0.64
f
t
a
r
+
ε
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdq0aaSbaaSqaaiaaisdaaeqaaOGaamiCamaaBaaaleaacaWG0baabeaakiabg2da9iaaicdacaGGUaGaaG4maiaaiAdacaWGMbWaa0baaSqaaiaadshaaeaacaWGWbGaam4yaaaakiabgUcaRiaaicdacaGGUaGaaGOnaiaaisdacaWGMbWaa0baaSqaaiaadshaaeaacaWGHbGaamOCaaaakiabgUcaRiabew7aLnaaBaaaleaacaWG0baabeaaaaa@4DCB@