Skip to content
RDP 2013-06: Estimating and Identifying Empirical BVAR-DSGE Models for Small Open Economies
Equation
y
t
=
C
¯
H
Y
¯
c
t
+
(
(
(
1
−
C
¯
H
Y
¯
)
λ
∗
)
−
C
¯
H
Y
¯
η
(
G
¯
−
1
)
)
s
t
+
(
1
−
C
¯
H
Y
¯
)
λ
∗
ψ
F
,
t
+
(
1
−
C
¯
H
Y
¯
)
y
t
∗
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGabm4qayaaraWaaSba aSqaaiaadIeaaeqaaaGcbaGabmywayaaraaaaiaadogadaWgaaWcba GaamiDaaqabaGccqGHRaWkdaqadaqaamaabmaabaWaaeWaaeaacaaI XaGaeyOeI0YaaSaaaeaaceWGdbGbaebadaWgaaWcbaGaamisaaqaba aakeaaceWGzbGbaebaaaaacaGLOaGaayzkaaGaeq4UdW2aaWbaaSqa beaacqGHxiIkaaaakiaawIcacaGLPaaacqGHsisldaWcaaqaaiqado eagaqeamaaBaaaleaacaWGibaabeaaaOqaaiqadMfagaqeaaaacqaH 3oaAdaqadaqaaiqadEeagaqeaiabgkHiTiaaigdaaiaawIcacaGLPa aaaiaawIcacaGLPaaacaWGZbWaaSbaaSqaaiaadshaaeqaaOGaey4k aSYaaeWaaeaacaaIXaGaeyOeI0YaaSaaaeaaceWGdbGbaebadaWgaa WcbaGaamisaaqabaaakeaaceWGzbGbaebaaaaacaGLOaGaayzkaaGa eq4UdW2aaWbaaSqabeaacqGHxiIkaaGccqaHipqEdaWgaaWcbaGaam OraiaacYcacaWG0baabeaakiabgUcaRmaabmaabaGaaGymaiabgkHi TmaalaaabaGabm4qayaaraWaaSbaaSqaaiaadIeaaeqaaaGcbaGabm ywayaaraaaaaGaayjkaiaawMcaaiaadMhadaqhaaWcbaGaamiDaaqa aiabgEHiQaaakiaacYcaaaa@6FE6@