RDP 9703: The Implementation of Monetary Policy in Australia Equation (B3)

I t = α + ϕ μ t γ . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamysamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaeqySdeMaey4kaSIa eqy1dyMaeqiVd02aaSbaaSqaaiaadshaaeqaaaGcbaGaeq4SdCgaai aac6caaaa@4290@