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RDP 8403: Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
Equation (21′)
log
E
=
(
α
14
β
47
+
β
44
)
−
1
[
α
14
log
f
0
+
α
14
logP
+
α
14
log
y
+
α
14
β
46
(
r
b1
−
r
eu
)
+
α
14
β
47
log
E
^
+
α
14
β
48
QF
+
β
43
log
(
M
M
0
e
λ
2
t
)
+
β
44
log
(
q
0
P
x
x
/
P
i
i
)
+
β
45
(
Dr
b1
−
Dr
eu
)
−
D
logF
]
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=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@C3F5@