RDP 2015-07: A Multi-sector Model of the Australian Economy
Equation (37)
r
^
t
*
=
ϕ
r
*
r
^
t
−
1
*
+
(
1
−
ϕ
r
*
)
(
ϕ
ϕ
*
π
^
t
*
+
ϕ
y
y
^
t
*
)
+
ε
r
*
,
t
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