RDP 2012-02: The Role of Credit Supply in the Australian Economy
Equation (3)
Γ
0
y
t
=
[
1
γ
21
1
γ
28
γ
32
γ
32
1
1
γ
46
γ
48
γ
51
γ
52
γ
53
γ
54
1
γ
61
γ
62
γ
64
γ
65
1
γ
67
γ
71
γ
72
γ
73
γ
74
γ
75
γ
76
1
γ
81
γ
82
γ
83
γ
84
γ
85
γ
86
γ
87
1
]
[
g
n
e
t
g
d
p
t
π
t
r
t
c
r
e
d
i
t
t
s
p
r
e
a
d
t
d
i
f
f
i
c
u
l
t
y
t
r
t
w
i
t
]
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