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.
1111.doc (12.6 KB)
The result is:
Gss * G~t = TAss * TA~t + ORss * OR~t + (Mss/Pss)*( M~t - M~(t-1) ) + (Bss/Pss) * **
where: X~t = log(Xt / Xss)
best regards,
Celso**