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RDP 2015-07: A Multi-sector Model of the Australian Economy
Equation (A35)
r
^
t
*
=
ρ
r
*
r
^
t
−
1
*
+
(
1
−
ρ
r
*
)
(
ϕ
π
*
π
^
t
*
+
ϕ
y
*
y
^
t
*
)
+
ϕ
Δ
y
*
(
y
^
t
*
−
y
^
t
−
1
*
)
+
ε
r
,
t
*
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabmOCayaaja Waa0baaSqaaiaadshaaeaacaGGQaaaaOGaeyypa0JaeqyWdi3aa0ba aSqaaiaadkhaaeaacaGGQaaaaOGabmOCayaajaWaa0baaSqaaiaads hacqGHsislcaaIXaaabaGaaiOkaaaakiabgUcaRmaabmaabaGaaGym aiabgkHiTiabeg8aYnaaDaaaleaacaWGYbaabaGaaiOkaaaaaOGaay jkaiaawMcaamaabmaabaGaeqy1dy2aa0baaSqaaiabec8aWbqaaiaa cQcaaaGccuaHapaCgaqcamaaDaaaleaacaWG0baabaGaaiOkaaaaki abgUcaRiabew9aMnaaDaaaleaacaWG5baabaGaaiOkaaaakiqadMha gaqcamaaDaaaleaacaWG0baabaGaaiOkaaaaaOGaayjkaiaawMcaai abgUcaRiabew9aMnaaDaaaleaacqqHuoardaWgaaadbaGaamyEaaqa baaaleaacaGGQaaaaOWaaeWaaeaaceWG5bGbaKaadaqhaaWcbaGaam iDaaqaaiaacQcaaaGccqGHsislceWG5bGbaKaadaqhaaWcbaGaamiD aiabgkHiTiaaigdaaeaacaGGQaaaaaGccaGLOaGaayzkaaGaey4kaS IaeqyTdu2aa0baaSqaaiaadkhacaGGSaGaamiDaaqaaiaacQcaaaaa aa@70F5@