RDP 9707: Internationalisation and Pricing Behaviour: Some Evidence for Australia
Equation (4)
Δ
p
t
=
λ
(
δ
m
t
−
1
−
p
t
−
1
)
+
γ
+
∑
i
=
1
I
α
i
Δ
p
t
−
i
+
∑
i
=
0
I
β
i
Δ
m
t
−
i
+
u
t
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