RDP 2005-11: A Small Model of the Australian Macroeconomy: An Update
Equation (A1)
L
=
λ
U
∑
t
=
1
n
η
t
2
+
λ
I
∑
t
=
n
−
p
+
1
n
ζ
t
2
+
λ
s
∑
t
=
−
3
n
−
1
(
Δ
y
t
+
1
∗
−
Δ
y
t
∗
)
2
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