RDP 2013-06: Estimating and Identifying Empirical BVAR-DSGE Models for Small Open Economies
Equation (2)
y
t
=
Σ
i
=
1
p
Φ
D
S
G
E
i
y
t
−
i
+
u
D
S
G
E
t
,
u
D
S
G
E
t
∼
N
(
0
,
Σ
D
S
G
E
u
)
,
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