RDP 2010-02: Learning in an Estimated Small Open Economy Model Equation (14)

ν t = Γ 4 ν t 1 + ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqyVd42aaS baaSqaaiaadshaaeqaaOGaeyypa0Jaeu4KdC0aaSbaaSqaaiaaisda aeqaaOGaeqyVd42aaSbaaSqaaiaadshacqGHsislcaaIXaaabeaaki abgUcaRiabew7aLnaaBaaaleaacaWG0baabeaaaaa@447C@