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RDP 8612: A Weekly Model of the Floating Australian Dollar
Equation (11b)
ε
t
+
j
=
R
0
u
t
+
j
+
R
1
u
t
+
j
−
1
…
.
+
R
j
u
t
+
K
0
(
Z
t
+
j
−
Z
t
t
+
j
)
+
K
1
(
Z
t
+
j
−
1
−
Z
t
t
+
j
−
1
)
…
..
+
K
j
−
1
(
Z
t
+
1
−
Z
t
t
+
1
)
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