RDP 2011-01: Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds Equation (6)

P t r = ∑ s = i m C s I t , Δ e − y t , τ s n + α τ s − Δ * + β τ s − Δ * ′ x t = H 1 ( x t ) . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaDa aaleaacaWG0baabaGaamOCaaaakiabg2da9maaqahabaGaam4qamaa BaaaleaacaWGZbaabeaakiaadMeadaWgaaWcbaGaamiDaiaacYcacq qHuoaraeqaaOGaamyzamaaCaaaleqabaGaeyOeI0IaamyEamaaDaaa meaacaWG0bGaaiilaiabes8a0naaBaaabaGaam4CaaqabaaabaGaam OBaaaaliabgUcaRiabeg7aHnaaDaaameaacqaHepaDdaWgaaqaaiaa dohaaeqaaiabgkHiTiabfs5aebqaaiaacQcaaaWccqGHRaWkcqaHYo GydaqhaaadbaGaeqiXdq3aaSbaaeaacaWGZbaabeaacqGHsislcqqH uoaraeaacaGGQaaaaSWaaWbaaWqabeaaliadaERHYaIOaaGaamiEam aaBaaameaacaWG0baabeaaaaGccqGH9aqpcaWGibGaaGymamaabmaa baGaaeiEamaaBaaaleaacaWG0baabeaaaOGaayjkaiaawMcaaiaac6 caaSqaaiaadohacqGH9aqpcaWGPbaabaGaamyBaaqdcqGHris5aaaa @6C22@