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RDP 2000-05: A Small Model of the Australian Macroeconomy
Equation (8)
y
t
=
y
t
p
s
s
=
(
(
1
−
2
α
6
)
Δ
y
¯
−
α
1
−
r
¯
∑
i
=
2
7
α
2
i
−
α
4
y
t
U
S
p
−
4
α
7
Δ
i
p
O
E
C
D
¯
)
/
α
3
for
t
>
T
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