RDP 9503: Monetary Policy Goals for Inflation in Australia
Equation (7)
L
=
Σ
t
=
0
T
[
(
1
−
λ
)
(
π
t
−
π
¯
t
)
2
+
λ
(
y
t
−
y
¯
t
)
2
+
γ
(
r
t
−
r
t
−
1
)
2
]
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