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RDP 2012-01: Co-movement in Inflation
Equation (1)
Δ
y
g
,
t
n
=
Z
t
,
c
o
m
m
o
n
+
Z
t
,
c
o
u
n
t
r
y
+
Z
t
,
v
a
r
i
a
b
l
e
+
Z
t
,
e
x
o
g
+
ξ
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam yEamaaDaaaleaacaWGNbGaaiilaiaadshaaeaacaWGUbaaaOGaeyyp a0JaamOwamaaBaaaleaacaWG0bGaaiilaGqaaiaa=ngacaWFVbGaa8 xBaiaa=1gacaWFVbGaa8NBaaqabaGccqGHRaWkcaWGAbWaaSbaaSqa aiaadshacaGGSaGaa83yaiaa=9gacaWF1bGaa8NBaiaa=rhacaWFYb Gaa8xEaaqabaGccqGHRaWkcaWGAbWaaSbaaSqaaiaadshacaGGSaGa aiODaiaacggacaGGYbGaaiyAaiaacggacaGGIbGaaiiBaiaacwgaae qaaOGaey4kaSIaamOwamaaBaaaleaacaWG0bGaaiilaiaacwgacaGG 4bGaai4BaiaacEgaaeqaaOGaey4kaSIaeqOVdG3aaSbaaSqaaiaads haaeqaaaaa@65E3@