RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia Equation (9)

π t = π 0, X ^ + π 1, X ^ X ^ t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaSbaaSqaaiaadshaaeqaaOGaeyypa0JaeqiWda3aaSbaaSqaaiaaicdacaGGSaWaaecaaeaacaWGybaacaGLcmaaaeqaaOGaey4kaSIaeqiWda3aaSbaaSqaaiaaigdacaGGSaWaaecaaeaacaWGybaacaGLcmaaaeqaaOWaaecaaeaacaWHybaacaGLcmaadaWgaaWcbaGaamiDaaqabaaaaa@4789@