Sandbox

if $\mathbf{𝐬}\mathbf{𝐟}\mathbf{𝐮}\mathbf{𝐬}\mathbf{𝐞}\mathbf{𝐡}\mathbf{𝐢}\mathbf{𝐬}\mathbf{𝐭}=0$ then (no history)

$SFINSTABAL{L}_{\gamma }^t=PredictedTer{m}_{\gamma }^t$

where

$PredictedTer{m}_{\gamma }^t=ANALFUN(GDPPC{P}_{\gamma }^t,DemocTer{m}^t,InfMorTer{m}^t,TradeTer{m}^t,Educ25Ter{m}^t)$

$DemocTerm=DemoPolit{y}_{\gamma }$

$InfMorTerm=\frac{INFMO{R}_{\gamma }}{WINFMOR}$

$TradeTerm=\frac{X_{\gamma }+M_{\gamma }}{GDP}*100$

<math>Educ25Term=EDYRSAG25_{\gamma}