RDP 9105: Inflation in Australia: Causes, Inertia and Policy
Equation (4)
p
t
=
ψ
1
m
t
+
ψ
2
E
t
p
t
+
1
+
ψ
3
q
t
+
ψ
4
w
t
−
ψ
5
z
t
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