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@