Question: Write the bivariate process 1 1L 0 2L2 1 3L yt = 1 1L 0 4L 1 ut
Write the bivariate process
1 − β1L 0
β2L2 1 − β3L
yt =
1 − β1L 0
β4L 1
ut in final equations form and in echelon form.
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