RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
Equation (A6)
Δ
π
=
Γ
+
γ
G
5
(
Y
−
Y
∗
)
+
∑
i
=
0
4
δ
i
D
˜
i
(
Y
−
Y
∗
)
+
ε
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaeq iWdaNaeyypa0Jaeu4KdCKaey4kaSIaeq4SdCMaam4ramaaBaaaleaa caaI1aaabeaakmaabmaabaGaamywaiabgkHiTiaadMfadaahaaWcbe qaaiabgEHiQaaaaOGaayjkaiaawMcaaiabgUcaRmaaqahabaGaeqiT dq2aaSbaaSqaaiaadMgaaeqaaOGabmirayaaiaWaaSbaaSqaaiaadM gaaeqaaOWaaeWaaeaacaWGzbGaeyOeI0IaamywamaaCaaaleqabaGa ey4fIOcaaaGccaGLOaGaayzkaaGaey4kaSIaeqyTdugaleaacaWGPb Gaeyypa0JaaGimaaqaaiaaisdaa0GaeyyeIuoaaaa@585F@