Question: Show that the models (L)Yt 0 et and (L)Yt ut (L)ut et are identical. Find an expression for in terms of

Show that the models

®(L)Yt Æ ®0 Ået and

®(L)Yt Æ ¹Åut

®(L)ut Æ et are identical. Find an expression for ¹ in terms of ®0 and ®(L).

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