RDP 2012-01: Co-movement in Inflation Equation (1C)

Z t , v a r i a b l e = ( Σ p = 1 2 Σ n = 1 7 Δ y i , t p n ) θ i MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOwamaaBa aaleaacaWG0bGaaiilaiaacAhacaGGHbGaaiOCaiaacMgacaGGHbGa aiOyaiaacYgacaGGLbaabeaakiabg2da9maabmaabaGaeu4Odm1aa0 baaSqaaiaadchacqGH9aqpieGacaWFXaaabaGaa8Nmaaaakiabfo6a tnaaDaaaleaacaWGUbGaeyypa0Jaa8xmaaqaaiaa=DdaaaGccqqHuo arcaWG5bWaa0baaSqaaiaadMgacaGGSaGaamiDaiabgkHiTiaadcha aeaacaWGUbaaaaGccaGLOaGaayzkaaGaeqiUde3aaWbaaSqabeaaca WGPbaaaaaa@57C5@