RDP 2010-07: Monetary Policy and the Exchange Rate: Evaluation of VAR Models
Equation (A2)
Y
t
=
Π
(
L
)
Y
t
−
1
+
e
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaaBaaaleaacaWG0baabeaakiabg2da9iabfc6aqnaabmaabaGaamitaaGaayjkaiaawMcaaiaadMfadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaamyzamaaBaaaleaacaWG0baabeaaaaa@4385@