Skip to content
RDP 8403: Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results
Equation
D
ℓ
=
α
11
(
ℓ
^
−
ℓ
)
+
β
33
log
(
y
/
y
¯
)
ℓ
^
=
β
34
(
mp
ℓ
−
β
35
w
r
)
mp
ℓ
=
(
1.0
−
β
¯
10
)
y
^
nf
/
L
w
r
=
W
(
1.0
+
t
4
)
/
P
y
¯
=
y
0
e
λ
3
t
L
(
1.0
−
β
10
)
K
β
10
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=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@9043@