RDP 8601: Classical Models and Unobserved Aggregates
Equation
v
11
=
(
1
/
σ
s
2
)
{
σ
d
2
σ
μ
2
+
W(
σ
d
2
+
σ
μ
2
)
}
+
σ
μ
2
+
β
2
σ
d
2
+
(
1
+
β
)
2
W
v
21
=
−
(
α
/
σ
s
2
)
{
σ
d
2
σ
μ
2
+
W
(
σ
d
2
+
σ
μ
2
)
}
+
σ
μ
2
+
β
γ
σ
d
2
+
(
1
+
β
)
(
1
+
γ
)
W
v
22
=
−
(
α
2
/
σ
s
2
)
{
σ
d
2
σ
μ
2
+
W
(
σ
d
2
+
σ
μ
2
)
}
+
σ
μ
2
+
γ
2
σ
d
2
+
(
1
+
γ
)
2
W
v
31
=
−
β
σ
d
2
−
(
1
+
β
)
W
v
32
=
−
γ
σ
d
2
−
(
1
+
γ
)
W
v
33
=
σ
d
2
+
W
v
41
=
−
σ
μ
2
+
β
δ
σ
d
2
−
(
1
+
β
)
(
1
−
δ
)
W
v
42
=
−
σ
μ
2
+
γ
δ
σ
d
2
−
(
1
+
γ
)
(
1
−
δ
)
W
v
43
=
−
δ
σ
d
2
+
(
1
−
δ
)
W
v
44
=
(
1
/
σ
n
2
)
{
σ
d
2
σ
μ
2
+
W
(
σ
d
2
+
σ
μ
2
)
}
+
σ
μ
2
+
δ
2
σ
d
2
+
(
1
+
δ
)
2
W
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