RDP 2000-05: A Small Model of the Australian Macroeconomy Equation (5)

Δ 4 u t = ρ 1 D t 2 + ρ 2 ( 1− D t 2 )+ ρ 3 Δ 4 p t−1 + ρ 4 π t e + ρ 5 D t 2 π t−1 + ρ 6 Δ 4 u t−1 + ρ 7 Δ u t−4 + ρ 8 Δ u t−5 + ρ 9 ( y t−4 − y t−4 p )+ η t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqqHuo ardaWgaaWcbaGaaGinaaqabaGccaWG1bWaaSbaaSqaaiaadshaaeqa aOGaeyypa0JaeqyWdi3aaSbaaSqaaiaaigdaaeqaaOGaamiramaaDa aaleaacaWG0baabaGaaGOmaaaakiabgUcaRiabeg8aYnaaBaaaleaa caaIYaaabeaakmaabmaabaGaaGymaiabgkHiTiaadseadaqhaaWcba GaamiDaaqaaiaaikdaaaaakiaawIcacaGLPaaacqGHRaWkcqaHbpGC daWgaaWcbaGaaG4maaqabaGccqqHuoardaWgaaWcbaGaaGinaaqaba GccaWGWbWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiabgUca Riabeg8aYnaaBaaaleaacaaI0aaabeaakiabec8aWnaaDaaaleaaca WG0baabaGaamyzaaaakiabgUcaRiabeg8aYnaaBaaaleaacaaI1aaa beaakiaadseadaqhaaWcbaGaamiDaaqaaiaaikdaaaGccqaHapaCda WgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaaGcbaGaey4kaSIaeqyW di3aaSbaaSqaaiaaiAdaaeqaaOGaeuiLdq0aaSbaaSqaaiaaisdaae qaaOGaamyDamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGH RaWkcqaHbpGCdaWgaaWcbaGaaG4naaqabaGccqqHuoarcaWG1bWaaS baaSqaaiaadshacqGHsislcaaI0aaabeaakiabgUcaRiabeg8aYnaa BaaaleaacaaI4aaabeaakiabfs5aejaadwhadaWgaaWcbaGaamiDai abgkHiTiaaiwdaaeqaaOGaey4kaSIaeqyWdi3aaSbaaSqaaiaaiMda aeqaaOWaaeWaaeaacaWG5bWaaSbaaSqaaiaadshacqGHsislcaaI0a aabeaakiabgkHiTiaadMhadaqhaaWcbaGaamiDaiabgkHiTiaaisda aeaacaWGWbaaaaGccaGLOaGaayzkaaGaey4kaSIaeq4TdG2aaSbaaS qaaiaadshaaeqaaaaaaa@9443@