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RDP 1999-01: The Phillips Curve in Australia
Equation (5)
Δ
4
ln
P
t
e
=
(
1
−
δ
)
Δ
4
ln
P
t
−
1
+
δ
Δ
P
t
*
,
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdq0aaSbaaSqaaiaaisdaaeqaaOGaciiBaiaac6gacaWGqbWaa0baaSqaaiaadshaaeaacaWGLbaaaOGaeyypa0ZaaeWaaeaacaaIXaGaeyOeI0IaeqiTdqgacaGLOaGaayzkaaGaeuiLdq0aaSbaaSqaaiaaisdaaeqaaOGaciiBaiaac6gacaWGqbWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiabgUcaRiabes7aKjabfs5aejaadcfadaqhaaWcbaGaamiDaaqaaiaacQcaaaGccaGGSaaaaa@5237@