RDP 2015-04: The Sticky Information Phillips Curve: Evidence for Australia
Equation (11)
π
t
=
c
+
ω
π
t
S
I
P
C
(
α
,
λ
)
+
(
1
−
ω
)
π
t
N
K
P
C
(
ρ
,
β
)
+
γ
π
^
t
m
+
ε
t
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadshaaeqaaOGaeyypa0Jaam4yaiabgUcaRiabeM8a3jab ec8aWnaaDaaaleaacaWG0baabaGaam4uaiaadMeacaWGqbGaam4qaa aakmaabmaabaGaeqySdeMaaiilaiabeU7aSbGaayjkaiaawMcaaiab gUcaRmaabmaabaGaaGymaiabgkHiTiabeM8a3bGaayjkaiaawMcaai abec8aWnaaDaaaleaacaWG0baabaGaamOtaiaadUeacaWGqbGaam4q aaaakmaabmaabaGaeqyWdiNaaiilaiabek7aIbGaayjkaiaawMcaai abgUcaRiabeo7aNjqbec8aWzaajaWaa0baaSqaaiaadshaaeaacaWG TbaaaOGaey4kaSIaeqyTdu2aaSbaaSqaaiaadshaaeqaaOGaaiilaa aa@65C2@