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RDP 9410: An Empirical Examination of the Fisher Effect in Australia
Equation (8)
Δ
π
t
=
k
+
A
11
(
L
)
Δ
π
t
−
1
+
A
12
(
L
)
Δ
i
t
−
1
+
γ
(
π
t
−
1
−
β
i
t
−
1
)
+
ε
1
t
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