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RDP 2008-07: A Medium-Scale Open Economy Model of Australia
Equation (3)
c
t
^
=
b
β
μ
z
(
μ
z
2
+
b
2
β
)
E
t
c
^
t
+
1
+
b
μ
z
(
μ
z
2
+
b
2
β
)
c
^
t
−
1
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