RDP 9214: The Cash Market in Australia Equation (2)

S t = G t-1 +M n t-1 +M b t +M d t +Z t-2 +N t +U d t ~( L n t-1 +B n t-1 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4uamaaBa aaleaacaqG0baabeaakiabg2da9iaabEeadaWgaaWcbaGaaeiDaiaa b2cacaqGXaaabeaakiaabUcacaqGnbWaaWbaaSqabeaacaqGUbaaaO WaaSbaaSqaaiaabshacaqGTaGaaeymaaqabaGccaqGRaGaaeytamaa CaaaleqabaGaaeOyaaaakmaaBaaaleaacaqG0baabeaakiaabUcaca qGnbWaaWbaaSqabeaacaqGKbaaaOWaaSbaaSqaaiaabshaaeqaaOGa ae4kaiaabQfadaWgaaWcbaGaaeiDaiaab2cacaqGYaaabeaakiaabU cacaqGobWaaSbaaSqaaiaabshaaeqaaOGaae4kaiaabwfadaahaaWc beqaaiaabsgaaaGcdaWgaaWcbaGaaeiDaaqabaGccaqG+bWaaeWaae aacaqGmbWaaWbaaSqabeaacaqGUbaaaOWaaSbaaSqaaiaabshacaqG TaGaaeymaaqabaGccaqGRaGaaeOqamaaCaaaleqabaGaaeOBaaaakm aaBaaaleaacaqG0bGaaeylaiaabgdaaeqaaaGccaGLOaGaayzkaaaa aa@5FF9@