RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes Equation (4)

( I B Q ) 1 ( Γ + B C )   =   C , MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiikaiaadMeacqGHsislcaWGcbGaamyuaiaacMcadaahaaWcbeqaaiabgkHiTiaaigdaaaGccaGGOaGaeu4KdCKaey4kaSIaamOqaiaadoeacaGGPaGaaeiiaiabg2da9iaabccacaWGdbGaaiilaaaa@457A@

Equation (5)

( I B Q ) 1 A =   Q , MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiikaiaadMeacqGHsislcaWGcbGaamyuaiaacMcadaahaaWcbeqaaiabgkHiTiaaigdaaaGccaWGbbGaeyypa0JaaeiiaiaadgfacaGGSaaaaa@4079@

Equation (6)

( I B Q ) 1 D = G . MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiikaiaadMeacqGHsislcaWGcbGaamyuaiaacMcadaahaaWcbeqaaiabgkHiTiaaigdaaaGccaWGebGaeyypa0Jaam4raiaac6caaaa@3FD1@