RDP 2015-14: Okun's Law and Potential Output Equation (6)

α t = α t 1 + w t . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqySde2aaS baaSqaaiaadshaaeqaaOGaeyypa0JaeqySde2aaSbaaSqaaiaadsha cqGHsislcaaIXaaabeaakiabgUcaRiaadEhadaWgaaWcbaGaamiDaa qabaGccaGGUaaaaa@41FF@