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RDP 2016-02: Disagreement about Inflation Expectations
Equation (5)
σ
t
,
t
+
4
=
c
j
+
∑
i
=
1
4
γ
j
,
i
|
ω
j
,
t
−
i
|
+
ε
j
,
t
,
j
=
G
D
P
,
u
n
e
m
p
l
o
y
m
e
n
t
,
…
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4Wdm3aaS baaSqaaiaadshacaGGSaGaamiDaiabgUcaRiaaisdaaeqaaOGaeyyp a0Jaam4yamaaBaaaleaacaWGQbaabeaakiabgUcaRmaaqadabaGaeq 4SdC2aaSbaaSqaaiaadQgacaGGSaGaamyAaaqabaaabaGaamyAaiab g2da9iaaigdaaeaacaaI0aaaniabggHiLdGccaGG8bGaeqyYdC3aaS baaSqaaiaadQgacaGGSaGaamiDaiabgkHiTiaadMgaaeqaaOGaaiiF aiabgUcaRiabew7aLnaaBaaaleaacaWGQbGaaiilaiaadshaaeqaaO GaaiilaiaadQgacqGH9aqpcaWGhbGaamiraiaadcfacaGGSaGaamyD aiaad6gacaWGLbGaamyBaiaadchacaWGSbGaam4BaiaadMhacaWGTb Gaamyzaiaad6gacaWG0bGaaiilaiablAciljaacYcaaaa@6B6B@