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RDP 9509: Australian Wage and Price Inflation: 1971–1994
Equation (2)
w
−
p
=
γ
0
−
γ
1
U
−
γ
2
Δ
U
+
γ
3
z
w
−
γ
4
(
p
−
p
e
)
+
γ
5
ϕ
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