RDP 8702: Open Market Operations in Australia: A U.S. Perspective
Equation (13)
r
t
−
E
t
−
1
*
r
t
=
−
(
d
3
/
d
2
)
θ
ψ
2
[
e
t
−
m
1
u
t
+
m
2
w
t
]
+
[
1
/
d
2
(
1
−
ϕ
)
]
δ
t
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