RDP 2008-10: Solving Linear Rational Expectations Models with Predictable Structural Changes
Equation
Q
2
Π
η
1
=
−
Ω
22
Δ
0
+
Ω
22
∑
j
=
1
∞
(
Ω
22
−
1
Λ
22
)
j
−
1
Ω
22
j
−
1
Q
2
Ψ
(
E
0
ε
j
−
E
1
ε
j
)
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