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RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes
Equation (18B)
A
0
,
t
y
t
=
C
0
,
t
+
A
1
,
t
y
t
−
1
+
B
0
,
t
(
C
+
Q
y
t
)
+
D
0
,
t
ε
t
.
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