RDP 2005-11: A Small Model of the Australian Macroeconomy: An Update
Equation (9)
L
=
E
t
∑
j
=
1
k
1
(
1
+
δ
)
j
−
1
[
λ
1
(
Δ
p
t
+
j
c
,
h
−
π
∗
/
4
)
2
+
λ
2
g
a
p
t
+
j
2
+
λ
3
(
Δ
i
t
+
j
)
2
]
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