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RDP 8601: Classical Models and Unobserved Aggregates
Equation (4)
M
t
=
B
t
+
z
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeytamaaBa aaleaacaqG0baabeaakiabg2da9iaabkeadaWgaaWcbaGaaeiDaaqa baGccqGHRaWkcaqG6bWaaSbaaSqaaiaabshaaeqaaaaa@3DED@