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RDP 2012-01: Co-movement in Inflation
Equation (A6)
Y
t
=
Z
t
,
common
+
Z
t
,
country
+
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=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaCywamaaBa aaleaacaWH0baabeaakiabg2da9iaadQfadaWgaaWcbaGaamiDaiaa cYcacaqGJbGaae4Baiaab2gacaqGTbGaae4Baiaab6gaaeqaaOGaey 4kaSIaamOwamaaBaaaleaacaWG0bGaaiilaiaabogacaqGVbGaaeyD aiaab6gacaqG0bGaaeOCaiaabMhaaeqaaOGaey4kaSIaamOwamaaBa aaleaacaWG0bGaaiilaiaacAhacaGGHbGaaiOCaiaacMgacaGGHbGa aiOyaiaacYgacaGGLbaabeaakiabgUcaRiaadQfadaWgaaWcbaGaam iDaiaacYcacaGGLbGaaiiEaiaac+gacaGGNbaabeaakiabgUcaRiaa h67adaWgaaWcbaGaamiDaaqabaaaaa@616D@