RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes Equation (3)

y t =   ( A 0 B 0 Q ) 1 ( C 0 + B 0 C + A 1 y t 1 + D 0 ε t ) . MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaBaaaleaacaWG0baabeaakiabg2da9iaabccacaGGOaGaamyqamaaBaaaleaacaaIWaaabeaakiabgkHiTiaadkeadaWgaaWcbaGaaGimaaqabaGccaWGrbGaaiykamaaCaaaleqabaGaeyOeI0IaaGymaaaakiaacIcacaWGdbWaaSbaaSqaaiaaicdaaeqaaOGaey4kaSIaamOqamaaBaaaleaacaaIWaaabeaakiaadoeacqGHRaWkcaWGbbWaaSbaaSqaaiaaigdaaeqaaOGaamyEamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcaWGebWaaSbaaSqaaiaaicdaaeqaaOGaeqyTdu2aaSbaaSqaaiaadshaaeqaaOGaaiykaiaac6caaaa@5535@