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RDP 2015-04: The Sticky Information Phillips Curve: Evidence for Australia
Equation (5)
ε
t
=
(
1
−
λ
)
∑
j
=
J
+
1
∞
λ
j
E
t
−
j
−
1
[
π
t
+
α
Δ
x
t
]
+
u
t
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyTdu2aaS baaSqaaiaadshaaeqaaOGaeyypa0ZaaeWaaeaacaaIXaGaeyOeI0Ia eq4UdWgacaGLOaGaayzkaaWaaabCaeaacqaH7oaBdaahaaWcbeqaai aadQgaaaGccaWGfbWaaSbaaSqaaiaadshacqGHsislcaWGQbGaeyOe I0IaaGymaaqabaGcdaWadaqaaiabec8aWnaaBaaaleaacaWG0baabe aakiabgUcaRiabeg7aHjabfs5aejaadIhadaWgaaWcbaGaamiDaaqa baaakiaawUfacaGLDbaacqGHRaWkcaWG1bWaaSbaaSqaaiaadshaae qaaaqaaiaadQgacqGH9aqpcaWGQbGaey4kaSIaaGymaaqaaiabg6Hi LcqdcqGHris5aOGaaiilaaaa@5DE3@