RDP 2008-04: A Small Bvar-Dsge Model for Forecasting the Australian Economy
Equation (A8)
c
˜
t
=
χ
−
τ
(
1
−
α
)
χ
y
˜
t
∗
+
τ
(
1
−
α
)
χ
y
˜
t
.
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabm4yayaaiaWaaSbaaSqaaiaadshaaeqaaOGaeyypa0ZaaSaaaeaacqaHhpWycqGHsislcqaHepaDdaqadaqaaiaaigdacqGHsislcqaHXoqyaiaawIcacaGLPaaaaeaacqaHhpWyaaGabmyEayaaiaWaa0baaSqaaiaadshaaeaacqGHxiIkaaGccqGHRaWkdaWcaaqaaiabes8a0naabmaabaGaaGymaiabgkHiTiabeg7aHbGaayjkaiaawMcaaaqaaiabeE8aJbaaceWG5bGbaGaadaWgaaWcbaGaamiDaaqabaGccaGGUaaaaa@5378@