RDP 2010-03: Modelling Inflation in Australia Equation (6)

π t = β E t − 1 π t + s + ρ π t − 1 + λ r u l c t − 1 + γ r m p t − 1 + ϕ Δ r m p t − 1 + χ y g a p t − 1 + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0JaeqOSdiMaamyramaaBaaaleaa caWG0bGaeyOeI0IaaGymaaqabaGccqaHapaCdaWgaaWcbaGaamiDai abgUcaRiaadohaaeqaaOGaey4kaSIaeqyWdiNaeqiWda3aaSbaaSqa aiaadshacqGHsislcaaIXaaabeaakiabgUcaRiabeU7aSjaadkhaca WG1bGaamiBaiaadogadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqa aOGaey4kaSIaeq4SdCMaamOCaiaad2gacaWGWbWaaSbaaSqaaiaads hacqGHsislcaaIXaaabeaakiabgUcaRiabew9aMjabfs5aejaadkha caWGTbGaamiCamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccq GHRaWkcqaHhpWycaWG5bGaam4zaiaadggacaWGWbWaaSbaaSqaaiaa dshacqGHsislcaaIXaaabeaakiabgUcaRiabew7aLnaaBaaaleaaca WG0baabeaaaaa@7343@