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RDP 2013-06: Estimating and Identifying Empirical BVAR-DSGE Models for Small Open Economies
Equation (7)
B
L
y
t
L
=
Σ
i
=
1
p
F
i
L
y
t
−
i
L
+
ξ
t
L
,
ξ
t
L
∼
N
(
0
,
I
)
,
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