RDP 9611: A Markov-Switching Model of Inflation in Australia
Equation (1)
π
t
=
α
+
β
π
t
−
1
+
ε
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0JaeqySdeMaey4kaSIaeqOSdiMa eqiWda3aaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiabgUcaRi abew7aLnaaBaaaleaacaWG0baabeaaaaa@464C@