Skip to content
RDP 9706: Is the Phillips Curve A Curve? Some Evidence and Implications for Australia
Equation (8)
π
t
=
π
t
e
+
γ
(
u
t
∗
−
u
t
)
u
t
+
χ
Δ
u
t
u
t
+
ε
t
.
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaSbaaSqaaiaadshaaeqaaOGaeyypa0JaeqiWda3aa0baaSqaaiaadshaaeaacaWGLbaaaOGaey4kaSIaeq4SdC2aaSaaaeaadaqadaqaaiaadwhadaqhaaWcbaGaamiDaaqaaiabgEHiQaaakiabgkHiTiaadwhadaWgaaWcbaGaamiDaaqabaaakiaawIcacaGLPaaaaeaacaWG1bWaaSbaaSqaaiaadshaaeqaaaaakiabgUcaRiabeE8aJnaalaaabaGaeuiLdqKaamyDamaaBaaaleaacaWG0baabeaaaOqaaiaadwhadaWgaaWcbaGaamiDaaqabaaaaOGaey4kaSIaeqyTdu2aaSbaaSqaaiaadshaaeqaaOGaaiOlaaaa@5702@