RDP 2012-08: Estimation and Solution of Models with Expectations and Structural Changes Equation (A1)

y t + 1 − y ^ t + 1 | t = C t + 1 + Q t + 1 y t + G t + 1 ε t + 1 − ( C t + 1 + Q t + 1 y ^ t | t − 1 + Q t + 1 Σ t | t − 1 H ′ ( H Σ t | t − 1 H ′ + V ) − 1 u t ) = Q t + 1 ( y t − y ^ t | t − 1 ) + G t + 1 ε t + 1 − Q t + 1 Σ t | t − 1 H ′ ( H Σ t | t − 1 H ′ + V ) − 1 u t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@B544@