RDP 2007-01: A Structural Model of Australia as a Small Open Economy
Equation (A19)
i
t
=
ϕ
y
y
t
−
1
+
ϕ
π
π
t
−
1
+
ϕ
i
i
t
−
1
+
ε
t
i
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaBaaaleaacaWG0baabeaakiabg2da9iabew9aMnaaBaaaleaacaWG5baabeaakiaadMhadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiabec8aWbqabaGccqaHapaCdaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaadMgaaeqaaOGaamyAamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaH1oqzdaqhaaWcbaGaamiDaaqaaiaadMgaaaaaaa@5549@