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RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes
Equation (A-3)
z
^
t
|
t
−
j
=
IE
(
z
t
|
z
t
−
j
,
...
,
z
1
)
y
^
t
|
t
−
j
=
IE
(
y
t
|
z
t
−
j
,
...
,
z
1
)
Σ
t
|
t
−
j
=
IE
(
y
t
−
y
^
t
|
t
−
j
)
(
y
t
−
y
^
t
|
t
−
j
)
′
.
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaaceWG6bGbaKaadaWgaaWcbaGaamiDaiaacYhacaWG0bGaeyOeI0IaamOAaaqabaGccqGH9aqpcaqGjbGaaeyraiaacIcacaWG6bWaaSbaaSqaaiaadshaaeqaaerbwvMCKfMBHbacfaGccaWF8bGaamOEamaaBaaaleaacaWG0bGaeyOeI0IaamOAaaqabaGccaGGSaGaaiOlaiaac6cacaGGUaGaaeilaiaadQhadaWgaaWcbaGaaGymaaqabaGccaGGPaaabaGabmyEayaajaWaaSbaaSqaaiaadshacaGG8bGaamiDaiabgkHiTiaadQgaaeqaaOGaeyypa0JaaeysaiaabweacaGGOaGaamyEamaaBaaaleaacaWG0baabeaakiaa=XhacaWG6bWaaSbaaSqaaiaadshacqGHsislcaWGQbaabeaakiaacYcacaGGUaGaaiOlaiaac6cacaqGSaGaamOEamaaBaaaleaacaaIXaaabeaakiaacMcaaeaacqqHJoWudaWgaaWcbaGaamiDaiaacYhacaWG0bGaeyOeI0IaamOAaaqabaGccqGH9aqpcaqGjbGaaeyraiaacIcacaWG5bWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0IabmyEayaajaWaaSbaaSqaaiaadshacaGG8bGaamiDaiabgkHiTiaadQgaaeqaaOGaaiykaiaacIcacaWG5bWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0IabmyEayaajaWaaSbaaSqaaiaadshacaGG8bGaamiDaiabgkHiTiaadQgaaeqaaOGabiykayaafaGaaiOlaaaaaa@8508@