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RDP 9809: Estimating Output Gaps
Equation (12)
y
t
p
=
μ
y
+
y
t
−
1
p
+
ε
t
y
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaDa aaleaacaWG0baabaGaamiCaaaakiabg2da9iabeY7aTnaaCaaaleqa baGaamyEaaaakiabgUcaRiaadMhadaqhaaWcbaGaamiDaiabgkHiTi aaigdaaeaacaWGWbaaaOGaey4kaSIaeqyTdu2aa0baaSqaaiaadsha aeaacaWG5baaaaaa@4764@