RDP 9511: Superannuation and Saving
Equation (12)
Δ
p
t
=
a
0
+
∑
i
=
1
3
b
1
i
Δ
p
t
−
i
+
∑
i
=
0
3
b
2
i
Δ
u
l
c
t
−
i
+
∑
i
=
0
3
b
3
i
Δ
i
p
t
−
i
+
∑
i
=
0
3
b
4
i
Δ
p
e
t
t
−
i
+
∑
i
=
0
3
b
5
i
Δ
y
t
−
i
r
e
s
+
c
1
(
p
+
γ
u
l
c
+
δ
i
p
+
κ
p
e
t
)
t
−
1
+
c
5
y
t
−
1
r
e
s
+
∑
i
=
1
3
a
6
i
S
i
t
+
a
7
D
t
+
υ
t
.
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