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RDP 2008-08: The Role of International Shocks in Australia’s Business Cycle
Equation (3)
π
t
=
g
1
π
t
−
1
+
(
1
−
g
1
)
E
t
π
t
+
1
+
g
2
y
t
+
g
3
ψ
t
+
ε
π
,
t
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