RDP 2011-04: Assessing Some Models of the Impact of Financial Stress Upon Business Cycles Equation

z t = ϕ 1 z t 1 + ϕ 2 E t z t + 1 + ϕ 3 w t . MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOEamaaBaaaleaacaWG0baabeaakiabg2da9iabew9aMnaaBaaaleaacaaIXaaabeaakiaadQhadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaaikdaaeqaaOGaamyramaaBaaaleaacaWG0baabeaakiaadQhadaWgaaWcbaGaamiDaiabgUcaRiaaigdaaeqaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaaiodaaeqaaOGaam4DamaaBaaaleaacaWG0baabeaakiaac6caaaa@4F91@