Skip to content
RDP 8612: A Weekly Model of the Floating Australian Dollar
Equation (18)
t
e
t
+
1
−
e
t
=
1
β
[
α
0
+
α
e
(
L
)
e
t
+
α
m
(
L
)
m
t
−
α
y
(
L
)
Y
t
−
α
m
*
(
L
)
m
t
*
+
α
y
*
(
L
)
Y
t
*
]
+
u
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSbaaSqaai aabshaaeqaaOGaaeyzamaaBaaaleaacaqG0bGaey4kaSIaaGymaaqa baGccqGHsislcaqGLbWaaSbaaSqaaiaabshaaeqaaOGaeyypa0ZaaS aaaeaacaaIXaaabaGaeqOSdigaaiaacUfacqaHXoqydaWgaaWcbaGa aGimaaqabaGccqGHRaWkcqaHXoqydaWgaaWcbaGaaeyzaaqabaGcca GGOaGaaeitaiaacMcacaqGLbWaaSbaaSqaaiaabshaaeqaaOGaey4k aSIaeqySde2aaSbaaSqaaiaab2gaaeqaaOGaaiikaiaabYeacaGGPa GaaeyBamaaBaaaleaacaqG0baabeaakiabgkHiTiabeg7aHnaaBaaa leaacaqG5baabeaakiaacIcacaqGmbGaaiykaiaabMfadaWgaaWcba GaaeiDaaqabaGccqGHsislcqaHXoqydaqhaaWcbaGaaeyBaaqaaiaa cQcaaaGccaGGOaGaaeitaiaacMcacaqGTbWaa0baaSqaaiaabshaae aacaGGQaaaaOGaey4kaSIaeqySde2aa0baaSqaaiaabMhaaeaacaGG QaaaaOGaaiikaiaabYeacaGGPaGaaeywamaaDaaaleaacaqG0baaba GaaiOkaaaakiaac2facqGHRaWkcaqG1bWaaSbaaSqaaiaabshaaeqa aaaa@72E3@