RDP 2008-04: A Small Bvar-Dsge Model for Forecasting the Australian Economy
Equation (6)
R
t
=
ρ
R
R
t
−
1
+
(
1
−
ρ
R
)
(
ψ
1
π
t
+
ψ
2
y
t
)
+
ε
R
t
,
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