RDP 1999-03: Householders' Inflation Expectations Equation (1)

π t+4 =α+β π t e + ε t . MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaSbaaSqaaiaadshacqGHRaWkcaaI0aaabeaakiabg2da9iabeg7aHjabgUcaRiabek7aIjabec8aWnaaDaaaleaacaWG0baabaGaamyzaaaakiabgUcaRiabew7aLnaaBaaaleaacaWG0baabeaakiaac6caaaa@47E9@