RDP 2009-06: Inflation Volatility And Forecast Accuracy
Equation (4)
log
(
σ
η
2
,
t
)
=
log
(
σ
η
2
,
t
−
1
)
+
ν
η
,
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaciiBaiaac+ gacaGGNbWaaeWaaeaacqaHdpWCdaqhaaWcbaGaeq4TdGgabaGaaGOm aaaakmaaBaaaleaacaGGSaGaamiDaaqabaaakiaawIcacaGLPaaacq GH9aqpciGGSbGaai4BaiaacEgadaqadaqaaiabeo8aZnaaDaaaleaa cqaH3oaAaeaacaaIYaaaaOWaaSbaaSqaaiaacYcacaWG0bGaeyOeI0 IaaGymaaqabaaakiaawIcacaGLPaaacqGHRaWkcqaH9oGBdaWgaaWc baGaeq4TdGMaaiilaiaadshaaeqaaaaa@53F3@
ν
ε
,
t
∼
N
(
0
,
γ
ε
)
ν
η
,
t
∼
N
(
0
,
γ
η
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiabe27aUnaaBaaaleaacqaH1oqzcaGGSaGaamiDaaqabaGccqWI 8iIocaWGobWaaeWaaeaacaaIWaGaaiilaiabeo7aNnaaBaaaleaacq aH1oqzaeqaaaGccaGLOaGaayzkaaaabaGaeqyVd42aaSbaaSqaaiab eE7aOjaacYcacaWG0baabeaakiablYJi6iaad6eadaqadaqaaiaaic dacaGGSaGaeq4SdC2aaSbaaSqaaiabeE7aObqabaaakiaawIcacaGL Paaaaaaaaa@516F@