RDP 2013-06: Estimating and Identifying Empirical BVAR-DSGE Models for Small Open Economies Equation

υ t ≡ φ ( y t − ε a , t ) + σ − 1 1 − h ( c t − h c t − 1 ) − σ − 1 ε g , t + ε n , t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyXdu3aaS baaSqaaiaadshaaeqaaOGaeyyyIORaeqOXdO2aaeWaaeaacaWG5bWa aSbaaSqaaiaadshaaeqaaOGaeyOeI0IaeqyTdu2aaSbaaSqaaiaadg gacaGGSaGaamiDaaqabaaakiaawIcacaGLPaaacqGHRaWkdaWcaaqa aiabeo8aZnaaCaaaleqabaGaeyOeI0IaaGymaaaaaOqaaiaaigdacq GHsislcaWGObaaamaabmaabaGaam4yamaaBaaaleaacaWG0baabeaa kiabgkHiTiaadIgacaWGJbWaaSbaaSqaaiaadshacqGHsislcaaIXa aabeaaaOGaayjkaiaawMcaaiabgkHiTiabeo8aZnaaCaaaleqabaGa eyOeI0IaaGymaaaakiabew7aLnaaBaaaleaacaWGNbGaaiilaiaads haaeqaaOGaey4kaSIaeqyTdu2aaSbaaSqaaiaad6gacaGGSaGaamiD aaqabaGccaGGUaaaaa@64F1@