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Conference-1989 Studies in Money and Credit
Equation
y
t
=
ρ
y
t
−
1
+
u
t
with
u
t
~
N
i
i
d
(
0
,
σ
u
2
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeWaaa qaaiaadMhadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHbpGCcaWG 5bWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiabgUcaRiaadw hadaWgaaWcbaGaamiDaaqabaaakeaacaWG3bGaamyAaiaadshacaWG ObaabaGaamyDamaaBaaaleaacaWG0baabeaaaaGccaGG+bGaamOtai aaykW7caWGPbGaamyAaiaadsgadaqadaqaaiaaicdacaGGSaGaeq4W dm3aa0baaSqaaiaadwhaaeaacaaIYaaaaaGccaGLOaGaayzkaaaaaa@5499@