RDP 9809: Estimating Output Gaps
Equation (3)
L
=
Σ
t
=
1
S
(
y
t
−
y
t
T
)
2
+
λ
Σ
t
=
2
S
−
1
(
Δ
y
t
+
1
T
−
Δ
y
t
T
)
2
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