RDP 2010-02: Learning in an Estimated Small Open Economy Model Equation (A18)

ν t s = ρ s ν t − 1 s + ε t s , ε t s ∼ ( 0 , σ s 2 ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiabe27aUnaaDaaaleaacaWG0baabaGaam4Caaaakiabg2da9iab eg8aYnaaBaaaleaacaWGZbaabeaakiabe27aUnaaDaaaleaacaWG0b GaeyOeI0IaaGymaaqaaiaadohaaaGccqGHRaWkcqaH1oqzdaqhaaWc baGaamiDaaqaaiaadohaaaGccaGGSaGaeqyTdu2aa0baaSqaaiaads haaeaacaWGZbaaaaGcbaGaeSipIOZaaeWaaeaacaaIWaGaaiilaiab eo8aZnaaDaaaleaacaWGZbaabaGaaGOmaaaaaOGaayjkaiaawMcaaa aaaaa@5459@