RDP 9108: Australia's Real Exchange Rate – Is it Explained by the Terms of Trade or by Real Interest Differentials? Equation

y t =α+β* y t1 + ε t , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyEamaaBa aaleaacaqG0baabeaakiabg2da9iabeg7aHjabgUcaRiabek7aIjaa cQcacaqG5bWaaSbaaSqaaiaabshacqGHsislcaaIXaaabeaakiabgU caRiabew7aLnaaBaaaleaacaqG0baabeaakiaacYcaaaa@462C@