RDP 9105: Inflation in Australia: Causes, Inertia and Policy
Equation (9)
E
(
ζ
^
−
ζ
)
=
[
E
(
u
+
v
)
(
v
)
]
/
E
(
u
+
v
)
2
=
σ
2
v
/
(
σ
2
v
+
σ
2
u
)
≠
0.
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