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RDP 9208: Credit Supply and Demand and the Australian Economy
Equation
f
D
(
Q
t
)
=
1
2πσ
D
exp
[
−
1
2
σ
D
2
(
Q
t
−
β
′
D
−
β
′
D
X
Dt
)
2
]
f
S
(
Q
t
)
=
1
2πσ
S
exp
[
−
1
2
σ
S
2
(
Q
t
−
β
′
S
−
β
′
S
X
St
)
2
]
F
D
(
Q
t
)
=
1
2πσ
D
∫
Q
t
∞
exp
[
−
1
2
σ
D
2
(
D
t
−
β
′
D
−
β
′
D
X
Dt
)
2
]
dD
t
F
S
(
Q
t
)
=
1
2πσ
S
∫
Q
t
∞
exp
[
−
1
2
σ
S
2
(
S
t
−
β
′
S
−
β
′
S
X
St
)
2
]
dS
t
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