RDP 2007-01: A Structural Model of Australia as a Small Open Economy Equation (A6)

τ t ∗ = π t − π t ∗ − Δ s t + τ t − 1 ∗ MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiXdq3aa0baaSqaaiaadshaaeaacqGHxiIkaaGccqGH9aqpcqaHapaCdaWgaaWcbaGaamiDaaqabaGccqGHsislcqaHapaCdaqhaaWcbaGaamiDaaqaaiabgEHiQaaakiabgkHiTiabfs5aejaadohadaWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaHepaDdaqhaaWcbaGaamiDaiabgkHiTiaaigdaaeaacqGHxiIkaaaaaa@4D71@