RDP 8601: Classical Models and Unobserved Aggregates
Equation (2)
y
t
d
=
M
t
−
p
t
+
ε
t
d
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyEamaaDa aaleaacaqG0baabaGaaeizaaaakiabg2da9iaab2eadaWgaaWcbaGa aeiDaaqabaGccqGHsislcaqGWbWaaSbaaSqaaiaabshaaeqaaOGaey 4kaSIaeqyTdu2aa0baaSqaaiaabshaaeaacaqGKbaaaaaa@43AB@