RDP 2011-06: Does Equity Mispricing Influence Household and Firm Decisions? Equation (14)

Δ y_{1 t} = - {\tilde{A}}_{12}^{0} Δ y_{2 t} - {\tilde{A}}_{11}^{2} Δ y_{1 t - 1} - {\tilde{A}}_{12}^{2} Δ y_{2 t - 1} + u_{t}^{P}