RDP 9503: Monetary Policy Goals for Inflation in Australia
Equation (9)
?
t
=
0.492
?
t-1
(
4.23
)
+
0.471
(
4.11
)
?
t-2
+
0.025
(
1.86
)
GAP
t-1
+
0.036
(
2.62
)
IP
t-1
+
gt
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