RDP 2010-02: Learning in an Estimated Small Open Economy Model Equation (A17)

ν t a = ρ a ν t 1 a + ε t a , ε t a ( 0 , σ a 2 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeWaaa qaaiabe27aUnaaDaaaleaacaWG0baabaGaamyyaaaakiabg2da9aqa aiabeg8aYnaaBaaaleaacaWGHbaabeaakiabe27aUnaaDaaaleaaca WG0bGaeyOeI0IaaGymaaqaaiaadggaaaGccqGHRaWkcqaH1oqzdaqh aaWcbaGaamiDaaqaaiaadggaaaGccaGGSaGaeqyTdu2aa0baaSqaai aadshaaeaacaWGHbaaaaGcbaGaeSipIOZaaeWaaeaacaaIWaGaaiil aiabeo8aZnaaDaaaleaacaWGHbaabaGaaGOmaaaaaOGaayjkaiaawM caaaaaaaa@53EF@