RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes
Equation (7)
A
0
,
t
y
t
=
C
0
,
t
+
A
1
,
t
y
t
−
1
+
B
0
,
t
IE
t
y
t
+
1
+
D
0
,
t
ε
t
,
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@5BA6@