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RDP 9509: Australian Wage and Price Inflation: 1971–1994
Equation
∂
U
*
∂
ϕ
=
γ
5
−
β
5
γ
1
+
β
1
∂
(
w
−
p
)
*
∂
ϕ
=
β
1
γ
5
+
β
5
γ
1
γ
1
+
β
1
>
0
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