RDP 2014-11: Exchange Rate Movements and the Australian Economy
Equation (B1)
[
Y
t
F
Y
t
D
]
=
[
B
F
F
(
L
)
0
B
F
D
(
L
)
B
D
D
(
L
)
]
Y
t
−
1
+
u
t
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