RDP 2008-07: A Medium-Scale Open Economy Model of Australia Equation (B8)

E t [ μ ψ ^ z , t + μ ψ ^ z , t + 1 μ μ ^ z , t + 1 + ( μ β τ k ) R ^ t μ π ^ t + τ k 1 τ k ( β μ ) τ ^ t + 1 k ] = 0 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaaBa aaleaacaWG0baabeaakmaadmaabaGaeyOeI0IaeqiVd02aaecaaeaa cqaHipqEaiaawkWaamaaBaaaleaacaWG6bGaaiilaiaadshaaeqaaO Gaey4kaSIaeqiVd02aaecaaeaacqaHipqEaiaawkWaamaaBaaaleaa caWG6bGaaiilaiaadshacqGHRaWkcaaIXaaabeaakiabgkHiTiabeY 7aTnaaHaaabaGaeqiVd0gacaGLcmaadaWgaaWcbaGaamOEaiaacYca caWG0bGaey4kaSIaaGymaaqabaGccqGHRaWkcqWIMaYsdaqadaqaai abeY7aTjabgkHiTiabek7aIjabes8a0naaCaaaleqabaGaam4Aaaaa aOGaayjkaiaawMcaamaaHaaabaGaamOuaaGaayPadaWaaSbaaSqaai aadshaaeqaaOGaeyOeI0IaeqiVd02aaecaaeaacqaHapaCaiaawkWa amaaBaaaleaacaWG0baabeaakiabgUcaRmaalaaabaGaeqiXdq3aaW baaSqabeaacaWGRbaaaaGcbaGaaGymaiabgkHiTiabes8a0naaCaaa leqabaGaam4AaaaaaaGcdaqadaqaaiabek7aIjabgkHiTiabeY7aTb GaayjkaiaawMcaamaaHaaabaGaeqiXdqhacaGLcmaadaqhaaWcbaGa amiDaiabgUcaRiaaigdaaeaacaWGRbaaaaGccaGLBbGaayzxaaGaey ypa0JaaGimaaaa@7F44@