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RDP 8401: The Equations of the RBA82 Model of the Australian Economy
Equation
D
logP
=
β
21
DlogP
bt
+
β
21
Dlog
(
1.0
+
t
6
)
+
(
1.0
−
β
21
)
DlogP
x
DlogP
bt
=
α
7
log
(
P
^
bt
/
P
bt
)
+
β
22
log
(
P
m
^
/
M
)
+
β
23
log
(
ν
^
/
ν
)
P
^
bt
=
P
bt
0
[
1.0
/
(
1.0
−
β
¯
10
)
]
WL
(
1.0
+
t
4
)
/
y
^
nf
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