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RDP 8401: The Equations of the RBA82 Model of the Australian Economy
Equation
DlogW
=
α
10
log
(
W
^
/
W
)
+
β
29
log
(
L
/
ϕ
0
N
^
)
+
β
32
log
(
P
m
^
/
m
)
+
β
30
log
(
w
a
/
w
a
0
e
λ
5
t
)
+
β
31
(
D
logw
a
−
λ
5
)
W
^
=
W
0
(
1.
0
¯
−
β
10
)
P
y
^
nf
/
L
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=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@95E6@