RDP 2009-06: Inflation Volatility And Forecast Accuracy Equation (7)

log ( σ η 2 , t ) = ρ log ( σ η 2 , t 1 ) ν η , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaciiBaiaac+ gacaGGNbWaaeWaaeaacqaHdpWCdaqhaaWcbaGaeq4TdGgabaGaaGOm aaaakmaaBaaaleaacaGGSaGaamiDaaqabaaakiaawIcacaGLPaaacq GH9aqpcqaHbpGCciGGSbGaai4BaiaacEgadaqadaqaaiabeo8aZnaa DaaaleaacqaH3oaAaeaacaaIYaaaaOWaaSbaaSqaaiaacYcacaWG0b GaeyOeI0IaaGymaaqabaaakiaawIcacaGLPaaacqaH9oGBdaWgaaWc baGaeq4TdGMaaiilaiaadshaaeqaaaaa@54D1@