RDP 9611: A Markov-Switching Model of Inflation in Australia Equation (4)

Δ p t =ϕΔ w t +η MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam iCamaaBaaaleaacaWG0baabeaakiabg2da9iabew9aMjabfs5aejaa dEhadaWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaH3oaAaaa@426D@