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RDP 8601: Classical Models and Unobserved Aggregates
Equation (A1)
(
z
t
−
t
−
1
z
t
)
=
φ
(
z
t
−
1
−
t
−
1
z
t
−
1
)
+
ν
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiikaiaabQ hadaWgaaWcbaGaaeiDaaqabaGccqGHsisldaWgaaWcbaGaaeiDaiab gkHiTiaaigdaaeqaaOGaaeOEamaaBaaaleaacaqG0baabeaakiaacM cacqGH9aqpcqaHgpGAcaGGOaGaaeOEamaaBaaaleaacaqG0bGaeyOe I0IaaGymaaqabaGccqGHsisldaWgaaWcbaGaaeiDaiabgkHiTiaaig daaeqaaOGaaeOEamaaBaaaleaacaqG0bGaeyOeI0IaaGymaaqabaGc caGGPaGaey4kaSIaeqyVd42aaSbaaSqaaiaabshaaeqaaaaa@52A4@