Several Authors Have Tried to Measure the "Persistence" in U$$u r _ { i , t } = \beta _ { 0 } + \beta _ { 1 } \times u r _ { i , t - k } + z _ { i , t }$$

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The Answer is Following the previous argument, the result suggests that there were more
transitory deviations from the natural rate over this period.The large drop in oil
prices, particularly in 1986, comes to mind.

Several Authors Have Tried to Measure the "Persistence" in U $u r _ { i , t } = \beta _ { 0 } + \beta _ { 1 } \times u r _ { i , t - k } + z _ { i , t }$

Definitions:

Several Authors Have Tried to Measure the "Persistence" in U uri,t=β0+β1×uri,t−k+zi,tu r _ { i , t } = \beta _ { 0 } + \beta _ { 1 } \times u r _ { i , t - k } + z _ { i , t }uri,t​=β0​+β1​×uri,t−k​+zi,t​

Definitions:

Several Authors Have Tried to Measure the "Persistence" in U $u r _ { i , t } = \beta _ { 0 } + \beta _ { 1 } \times u r _ { i , t - k } + z _ { i , t }$