RDP 8612: A Weekly Model of the Floating Australian Dollar
Equation (16)
∇
e
t
=
−
1
1
+
β
[
(
∇
m
t
−
∇
m
t
*
)
−
α
y
∇
y
t
+
α
y
*
∇
y
t
*
]
+
β
∇
1
+
β
t
e
t
+
1
+
u
t
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