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RDP 2012-02: The Role of Credit Supply in the Australian Economy
Equation (5)
Γ
0
y
t
=
[
1
γ
21
1
γ
29
1
1
γ
45
γ
47
γ
49
γ
51
γ
52
γ
53
γ
54
1
γ
59
γ
61
γ
62
γ
63
γ
64
γ
65
1
γ
71
γ
72
γ
74
γ
75
γ
76
1
γ
78
γ
81
γ
82
γ
83
γ
84
γ
85
γ
86
γ
87
1
γ
91
γ
92
γ
93
γ
94
γ
95
γ
96
γ
97
γ
98
1
]
[
g
n
e
t
g
d
p
t
π
t
r
t
n
e
t
w
o
r
t
h
t
c
r
e
d
i
t
t
s
p
r
e
a
d
t
d
i
f
f
i
c
u
l
t
y
t
r
t
w
i
t
]
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@F274@