RDP 9208: Credit Supply and Demand and the Australian Economy Equation

Δ y t =α+ϕt+ βy t-1 + γ 1 Δ y t-1 ++ γ k Δ y t-k t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaae yEamaaBaaaleaacaqG0baabeaakiaab2dacaqGXoGaae4kaiabew9a MjaabshacqGHRaWkcaqGYoGaaeyEamaaBaaaleaacaqG0bGaaeylai aabgdaaeqaaOGaey4kaSIaae4SdmaaBaaaleaacaqGXaaabeaakiab fs5aejaabMhadaWgaaWcbaGaaeiDaiaab2cacaqGXaaabeaakiabgU caRiablAciljabgUcaRiac0byGZoWaaSbaaSqaaiac0byGRbaabeaa kiabfs5aejaabMhadaWgaaWcbaGaaeiDaiaab2cacaqGRbaabeaaki aabUcacaqG1oWaaSbaaSqaaiaabshaaeqaaOGaaiOlaaaa@5CB8@