RDP 8612: A Weekly Model of the Floating Australian Dollar Equation (15′)

e t+1 − 1 β e t =α Σ i=0 ∞ β t+1 i Z t+1+i −α Σ i=0 ∞ β i−1 t Z t+i + u t+1 − 1 β u t = −α β Z t +α Σ i=0 ∞ β i ( t+1 Z t+1+i − Z t t+1+i )+ u t+1 − 1 β u t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGLb WaaSbaaSqaaiaabshacaqGRaGaaeymaaqabaGccqGHsisldaWcaaqa aiaaigdaaeaacqaHYoGyaaGaaeyzamaaBaaaleaacaqG0baabeaaki abg2da9iabeg7aHnaaqahabaGaeqOSdi2aa0baaSqaaiaabshacqGH RaWkcaaIXaaabaGaaeyAaaaakiaabQfadaWgaaWcbaGaaeiDaiabgU caRiaaigdacqGHRaWkcaqGPbaabeaakiabgkHiTiabeg7aHnaaqaha baGaeqOSdi2aaWbaaSqabeaacaqGPbGaeyOeI0IaaGymaaaakmaaBa aaleaacaqG0baabeaakiaabQfadaWgaaWcbaGaaeiDaiabgUcaRiaa bMgaaeqaaOGaey4kaSIaaeyDamaaBaaaleaacaqG0bGaey4kaSIaaG ymaaqabaGccqGHsisldaWcaaqaaiaaigdaaeaacqaHYoGyaaGaaeyD amaaBaaaleaacaqG0baabeaaaeaacaqGPbGaeyypa0JaaGimaaqaai abg6HiLcqdcqGHris5aaWcbaGaaeyAaiabg2da9iaaicdaaeaacqGH EisPa0GaeyyeIuoaaOqaaiabg2da9maalaaabaGaeyOeI0IaeqySde gabaGaeqOSdigaaiaabQfadaWgaaWcbaGaaeiDaaqabaGccqGHRaWk cqaHXoqydaaeWbqaaiabek7aInaaCaaaleqabaGaaeyAaaaakiaacI cadaWgaaWcbaGaaeiDaiabgUcaRiaaigdaaeqaaOGaaeOwamaaBaaa leaacaqG0bGaey4kaSIaaGymaiabgUcaRiaabMgaaeqaaOGaeyOeI0 YaaSraaSqaaiaabshaaeqaaOGaaeOwamaaBaaaleaacaqG0bGaey4k aSIaaGymaiabgUcaRiaabMgaaeqaaOGaaiykaiabgUcaRiaabwhada WgaaWcbaGaaeiDaiabgUcaRiaaigdaaeqaaOGaeyOeI0YaaSaaaeaa caaIXaaabaGaeqOSdigaaiaabwhadaWgaaWcbaGaaeiDaaqabaaaba GaaeyAaiabg2da9iaaicdaaeaacqGHEisPa0GaeyyeIuoaaaaa@9D4C@