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RDP 9509: Australian Wage and Price Inflation: 1971–1994
Equation (A4)
U
*
=
1
γ
1
+
β
1
[
β
0
+
γ
0
+
γ
3
z
w
+
β
3
z
p
−
(
β
5
−
γ
5
)
ϕ
]
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