RDP 9301: The Response of Australian Stock, Foreign Exchange and Bond Markets to Foreign Asset Returns and Volatilities Equation (1)

Δ s A , t = β F , t [ Δ s G , t Δ s J , t Δ s S , t Δ s U K , t Δ s U S , t ] + δ t Δ s A , t − 1 + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam 4CamaaBaaaleaacaWGbbGaaiilaiaadshaaeqaaOGaeyypa0JaeqOS di2aaSbaaSqaaiaadAeacaGGSaGaamiDaaqabaGcdaWadaqaauaabe qabuaaaaqaaiabfs5aejaadohadaWgaaWcbaGaam4raiaacYcacaWG 0baabeaaaOqaaiabfs5aejaadohadaWgaaWcbaGaamOsaiaacYcaca WG0baabeaaaOqaaiabfs5aejaadohadaWgaaWcbaGaam4uaiaacYca caWG0baabeaaaOqaaiabfs5aejaadohadaWgaaWcbaGaamyvaiaadU eacaGGSaGaamiDaaqabaaakeaacqqHuoarcaWGZbWaaSbaaSqaaiaa dwfacaWGtbGaaiilaiaadshaaeqaaaaaaOGaay5waiaaw2faaiabgU caRiabes7aKnaaBaaaleaacaWG0baabeaakiabfs5aejaadohadaWg aaWcbaGaamyqaiaacYcacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRa WkcqaH1oqzdaWgaaWcbaGaamiDaaqabaaaaa@6B5E@