RDP 2015-12: Modelling the Australian Dollar Equation (5)

Δ R T W I t = ω + γ t z ^ t − 1 + α 1 , t Δ C R B t + α 2 , t Δ C R B t − 1 + α 3 , t Δ S P X t + α 4 , t Δ V I X t + α 5 , t Δ R T W I t − 1 + α 6 , t Δ T o T t + α 7 , t Δ R I R D t + ε t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqqHuo arcaWGsbGaamivaiaadEfacaWGjbWaaSbaaSqaaiaadshaaeqaaOGa eyypa0JaeqyYdCNaey4kaSIaeq4SdC2aaSbaaSqaaiaadshaaeqaaO GabmOEayaajaWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiab gUcaRiabeg7aHnaaBaaaleaacaaIXaGaaiilaiaadshaaeqaaOGaeu iLdqKaam4qaiaadkfacaWGcbWaaSbaaSqaaiaadshaaeqaaOGaey4k aSIaeqySde2aaSbaaSqaaiaaikdacaGGSaGaamiDaaqabaGccqqHuo arcaWGdbGaamOuaiaadkeadaWgaaWcbaGaamiDaiabgkHiTiaaigda aeqaaOGaey4kaSIaeqySde2aaSbaaSqaaiaaiodacaGGSaGaamiDaa qabaGccqqHuoarcaWGtbGaamiuaiaadIfadaWgaaWcbaGaamiDaaqa baGccqGHRaWkcqaHXoqydaWgaaWcbaGaaGinaiaacYcacaWG0baabe aakiabfs5aejaadAfacaWGjbGaamiwamaaBaaaleaacaWG0baabeaa aOqaaiabgUcaRiabeg7aHnaaBaaaleaacaaI1aGaaiilaiaadshaae qaaOGaeuiLdqKaamOuaiaadsfacaWGxbGaamysamaaBaaaleaacaWG 0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaHXoqydaWgaaWcbaGaaG OnaiaacYcacaWG0baabeaakiabfs5aejaadsfacaWGVbGaamivamaa BaaaleaacaWG0baabeaakiabgUcaRiabeg7aHnaaBaaaleaacaaI3a GaaiilaiaadshaaeqaaOGaeuiLdqKaamOuaiaadMeacaWGsbGaamir amaaBaaaleaacaWG0baabeaakiabgUcaRiabew7aLnaaBaaaleaaca WG0baabeaakiaac6caaaaa@971D@