RDP 2008-08: The Role of International Shocks in Australia’s Business Cycle
Equation (3)
π
t
=
g
1
π
t
−
1
+
(
1
−
g
1
)
E
t
π
t
+
1
+
g
2
y
t
+
g
3
ψ
t
+
ε
π
,
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0Jaam4zamaaBaaaleaacaaIXaaa beaakiabec8aWnaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccq GHRaWkdaqadaqaaiaaigdacqGHsislcaWGNbWaaSbaaSqaaiaaigda aeqaaaGccaGLOaGaayzkaaGaamyramaaBaaaleaacaWG0baabeaaki abec8aWnaaBaaaleaacaWG0bGaey4kaSIaaGymaaqabaGccqGHRaWk caWGNbWaaSbaaSqaaiaaikdaaeqaaOGaamyEamaaBaaaleaacaWG0b aabeaakiabgUcaRiaadEgadaWgaaWcbaGaaG4maaqabaGccqaHipqE daWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaH1oqzdaWgaaWcbaGaeq iWdaNaaiilaiaacshaaeqaaaaa@5D90@