RBA Annual Conference – 1992 Equation

RWAGE = CONST + α 0 UNEMP + α 1 INF − 1 + α 3 VUNEMP − 1 + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeOuaiaabE facaqGbbGaae4raiaabweacqGH9aqpcaqGdbGaae4taiaab6eacaqG tbGaaeivaiabgUcaRiaajg7adaWgaaWcbaGaaKimaaqabaGccaqGvb GaaeOtaiaabweacaqGnbGaaeiuaiabgUcaRiaajg7adaWgaaWcbaGa aKymaaqabaGccaqGjbGaaeOtaiaabAeadaWgaaWcbaGaeyOeI0IaaG ymaaqabaGccqGHRaWkcaqIXoWaaSbaaSqaaiaaiodaaeqaaOGaaeOv aiaabwfacaqGobGaaeyraiaab2eacaqGqbWaaSbaaSqaaiabgkHiTi aaigdaaeqaaOGaey4kaSIaaKyTdmaaBaaaleaacaqI0baabeaaaaa@5AC3@