RDP 2015-07: A Multi-sector Model of the Australian Economy Equation (28)

ln ( R t R ) = ρ r ln ( R t 1 R ) + ( 1 ρ r ) [ ϕ π ln ( Π t Π ) + ϕ y ln ( Y t ν a Y ν a ) ] + ϕ Δ y ln ( Y t ν a Y t 1 ν a ) + ϕ q ( Q t Q t 1 ) + ε r , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaaciGGSb GaaiOBamaabmaabaWaaSaaaeaacaWGsbWaaSbaaSqaaiaadshaaeqa aaGcbaGaamOuaaaaaiaawIcacaGLPaaacqGH9aqpcqaHbpGCdaWgaa WcbaGaamOCaaqabaGcciGGSbGaaiOBamaabmaabaWaaSaaaeaacaWG sbWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaaaOqaaiaadkfaaa aacaGLOaGaayzkaaGaey4kaSYaaeWaaeaacaaIXaGaeyOeI0IaeqyW di3aaSbaaSqaaiaadkhaaeqaaaGccaGLOaGaayzkaaWaamWaaeaacq aHvpGzdaWgaaWcbaGaeqiWdahabeaakiGacYgacaGGUbWaaeWaaeaa daWcaaqaaiaabc6adaWgaaWcbaGaamiDaaqabaaakeaacaqGGoaaaa GaayjkaiaawMcaaiabgUcaRiabew9aMnaaBaaaleaacaWG5baabeaa kiGacYgacaGGUbWaaeWaaeaadaWcaaqaaiaadMfadaqhaaWcbaGaam iDaaqaaiabe27aUjaadggaaaaakeaacaWGzbWaaWbaaSqabeaacqaH 9oGBcaWGHbaaaaaaaOGaayjkaiaawMcaaaGaay5waiaaw2faaaqaai abgUcaRiabew9aMnaaBaaaleaacqqHuoardaWgaaadbaGaamyEaaqa baaaleqaaOGaciiBaiaac6gadaqadaqaamaalaaabaGaamywamaaDa aaleaacaWG0baabaGaeqyVd4MaamyyaaaaaOqaaiaadMfadaqhaaWc baGaamiDaiabgkHiTiaaigdaaeaacqaH9oGBcaWGHbaaaaaaaOGaay jkaiaawMcaaiabgUcaRiabew9aMnaaBaaaleaacaWGXbaabeaakmaa bmaabaWaaSaaaeaacaWGrbWaaSbaaSqaaiaadshaaeqaaaGcbaGaam yuamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaaaaaGccaGLOaGa ayzkaaGaey4kaSIaeqyTdu2aaSbaaSqaaiaadkhacaGGSaGaamiDaa qabaaaaaa@901A@