Cimadomo, Jacopo (contributor) - 2007
, from a “fully-revised” scenario to a “fully-real-time” one:
i) Revised-data: capb,x,d; no real-time data (“fully …-revised” rule);
capbi,t = αi +ρcapbi,t−1 +βxi,t−1 +θdi,t−1 +ψemui,t +εi,t. (2)
ii) Revised-data: capb,d; real-time data: x;
capbi …,t = αi +ρcapbi,t−1 +βxi,t−1|t−1 +θdi,t−1 +ψemui,t +εi,t. (3)
iii) Revised-data: capb; real-time data: d,x;
capbi,t = αi …