RDP 2015-04: The Sticky Information Phillips Curve: Evidence for Australia Equation (8)

y t + h = c + β y ( L ) y t + β z ( L ) z t + ε t + h MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaBa aaleaacaWG0bGaey4kaSIaamiAaaqabaGccqGH9aqpcaWGJbGaey4k aSIaeqOSdi2aaSbaaSqaaiaadMhaaeqaaOWaaeWaaeaacaWGmbaaca GLOaGaayzkaaGaamyEamaaBaaaleaacaWG0baabeaakiabgUcaRiab ek7aInaaBaaaleaacaWG6baabeaakmaabmaabaGaamitaaGaayjkai aawMcaaiaadQhadaWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaH1oqz daWgaaWcbaGaamiDaiabgUcaRiaadIgaaeqaaaaa@51DB@