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RDP 9510: Modelling Inflation in Australia
Equation (22)
Δ
p
t
a
^
=
+
0.321
(
0.091
)
Δ
p
t
−
1
a
+
0.320
(
0.088
)
Δ
p
t
−
2
a
+
0.350
(
0.087
)
Δ
p
t
−
1
O
E
C
D
+
0.112
(
0.044
)
Δ
m
t
−
1
−
0.0014
(
0.0021
)
T
=
99
[
1967
(
3
)
−
1992
(
1
)
]
R
2
=
0.583
d
w
=
2.03.
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