RDP 2015-12: Modelling the Australian Dollar Equation

Pr ( S t = 1 | S t 1 = 1 ) = p Pr ( S t = 0 | S t 1 = 0 ) = q MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGqb GaaeOCamaabmaabaGaam4uamaaBaaaleaacaWG0baabeaakiabg2da 9iaaigdacaGG8bGaam4uamaaBaaaleaacaWG0bGaeyOeI0IaaGymaa qabaGccqGH9aqpcaaIXaaacaGLOaGaayzkaaGaeyypa0JaamiCaaqa aiaabcfacaqGYbWaaeWaaeaacaWGtbWaaSbaaSqaaiaadshaaeqaaO Gaeyypa0JaaGimaiaacYhacaWGtbWaaSbaaSqaaiaadshacqGHsisl caaIXaaabeaakiabg2da9iaaicdaaiaawIcacaGLPaaacqGH9aqpca WGXbaaaaa@5504@