RDP 2014-12: A State-space Approach to Australian GDP Measurement
Equation (6)
π
t
=
α
+
β
E
t
−
1
(
π
t
+
s
)
+
∑
j
=
0
9
λ
j
Δ
u
l
c
t
−
j
+
∑
k
=
1
12
γ
k
Δ
m
p
t
−
k
+
φ
g
a
p
t
−
1
+
ε
t
.
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