hi friends, I have problem with an equation, I can't log linear this equation with Uhlig method.
Equation is in attachment. please help me to solve this problem.
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log linear
by tahmin » Sun Feb 16, 2014 3:27 pm
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- tahmin
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Re: log linear
by cjcostaj » Fri Mar 28, 2014 1:19 pm
The result is:
Gss * G~t = TAss * TA~t + ORss * OR~t + (Mss/Pss)*( M~t - M~(t-1) ) + (Bss/Pss) * [B~t - B~(t-1) + rss*( r~t + B~(t-1) - P~t )]
where: X~t = log(Xt / Xss)
best regards,
Celso
Gss * G~t = TAss * TA~t + ORss * OR~t + (Mss/Pss)*( M~t - M~(t-1) ) + (Bss/Pss) * [B~t - B~(t-1) + rss*( r~t + B~(t-1) - P~t )]
where: X~t = log(Xt / Xss)
best regards,
Celso
- cjcostaj
- Posts: 22
- Joined: Sun Aug 26, 2012 6:26 pm
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