RDP 9809: Estimating Output Gaps Equation (8)

π t = 0.51 ( 0.10 ) π t1 + 0.45 ( 0.10 ) π t2 + 0.04 ( 0.01 ) π t1 * + 0.07 ( 0.02 ) ( y t y t T ) RSS=0.00058 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqaHap aCdaWgaaWcbaGaamiDaaqabaGccqGH9aqpdaWfqaqaaiaaicdacaGG UaGaaGynaiaaigdaaSqaamaabmaabaGaaGimaiaac6cacaaIXaGaaG imaaGaayjkaiaawMcaaaqabaGccqaHapaCdaWgaaWcbaGaamiDaiab gkHiTiaaigdaaeqaaOGaey4kaSYaaCbeaeaacaaIWaGaaiOlaiaais dacaaI1aaaleaadaqadaqaaiaaicdacaGGUaGaaGymaiaaicdaaiaa wIcacaGLPaaaaeqaaOGaeqiWda3aaSbaaSqaaiaadshacqGHsislca aIYaaabeaakiabgUcaRmaaxababaGaaGimaiaac6cacaaIWaGaaGin aaWcbaWaaeWaaeaacaaIWaGaaiOlaiaaicdacaaIXaaacaGLOaGaay zkaaaabeaakiabec8aWnaaDaaaleaacaWG0bGaeyOeI0IaaGymaaqa aiaacQcaaaGccqGHRaWkdaWfqaqaaiaaicdacaGGUaGaaGimaiaaiE daaSqaamaabmaabaGaaGimaiaac6cacaaIWaGaaGOmaaGaayjkaiaa wMcaaaqabaGcdaqadaqaaiaadMhadaWgaaWcbaGaamiDaaqabaGccq GHsislcaWG5bWaa0baaSqaaiaadshaaeaacaWGubaaaaGccaGLOaGa ayzkaaaabaGaamOuaiaadofacaWGtbGaeyypa0JaaGimaiaac6caca aIWaGaaGimaiaaicdacaaI1aGaaGioaaaaaa@79A2@