RDP 8612: A Weekly Model of the Floating Australian Dollar
Equation (15′)
e
t+1
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1
β
e
t
=
α
Σ
i
=
0
∞
β
t
+
1
i
Z
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1
+
i
−
α
Σ
i
=
0
∞
β
i
−
1
t
Z
t
+
i
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u
t
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1
−
1
β
u
t
=
−
α
β
Z
t
+
α
Σ
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=
0
∞
β
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1
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i
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u
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1
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1
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u
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