RDP 2015-12: Modelling the Australian Dollar
Equation (1)
Δ
R
T
W
I
t
=
μ
+
γ
(
R
T
W
I
t
−
1
+
β
1
T
o
T
t
−
1
+
β
2
R
I
R
D
t
−
1
)
+
S
R
v
a
r
i
a
b
l
e
s
+
ε
t
.
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