Skip to content
RDP 2015-14: Okun's Law and Potential Output
Equation (3)
Δ
U
t
=
α
Δ
U
t
−
1
+
β
(
Δ
2
Y
t
−
μ
)
+
γ
Δ
2
r
u
l
c
t
−
2
+
ε
t
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiLdiaadw fadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHXoqycaqGuoGaamyv amaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaHYo Gydaqadaqaaiaabs5adaWgaaWcbaGaaGOmaaqabaGccaWGzbWaaSba aSqaaiaadshaaeqaaOGaeyOeI0IaeqiVd0gacaGLOaGaayzkaaGaey 4kaSIaeq4SdCMaaeiLdmaaBaaaleaacaaIYaaabeaakiaadkhacaWG 1bGaamiBaiaadogadaWgaaWcbaGaamiDaiabgkHiTiaaikdaaeqaaO Gaey4kaSIaeqyTdu2aaSbaaSqaaiaadshaaeqaaOGaaiOlaaaa@5AF2@