RDP 2010-02: Learning in an Estimated Small Open Economy Model Equation

Γ 1 = [ 0 1 × 16 0 1 × 16 0 1 × 16 0 1 × 16 0 1 × 16 0 1 × 12 γ η ( 1 η ) 1 0 1 × 3 0 1 × 6 1 0 1 × 9 0 1 × 16 0 1 × 16 0 1 × 9 1 0 1 × 6 0 1 × 10 β 1 0 1 × 5 0 1 × 7 ϕ y ϕ π 0 1 × 2 ϕ r 0 1 × 4 0 1 × 12 η ( 1 η ) 1 0 1 × 3 0 1 × 13 μ b d 0 1 × 2 0 1 × 14 μ b m 0 0 1 × 16 ] ; MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@DD43@