RDP 2008-09: A Term Structure Decomposition of the Australian Yield Curve Equation

a τ = 1 τ ( ( K * μ * ) ( M 1 , τ τ I ) K * 1 1 1 2 1 K * 1 ( M 2 , τ M 1 , τ M 1 , τ + τ ) K * 1 1 + τ ρ ) b τ = 1 τ M 1 , τ 1 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@8BA5@