Skip to content
RDP 9306: Inventories and the Business Cycle
Equation (5)
Y
t
=
E
[
I
t
|
Ω
t
]
−
I
t
−
1
+
E
[
S
t
|
Ω
t
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaaBa aaleaacaWG0baabeaakiabg2da9iaadweadaWadaqaaiaadMeadaWg aaWcbaGaamiDaaqabaWexLMBb50ujbqegSuDUnhDSvMCGm1yYLgC0b acfaGccqWF8baFcqqHPoWvdaWgaaWcbaGaamiDaaqabaaakiaawUfa caGLDbaacqGHsislcaWGjbWaaSbaaSqaaiaadshacqGHsislcaaIXa aabeaakiabgUcaRiaadweadaWadaqaaiaadofadaWgaaWcbaGaamiD aaqabaGccqWF8baFcqqHPoWvdaWgaaWcbaGaamiDaaqabaaakiaawU facaGLDbaaaaa@58EA@