I have an ETS(M,Md,N) model and would like to write it in state space form:
yt=w(x{t-1})+r(x{t-1})ɛt xt=f(x{t-1})+g(x{t-1})ɛt
For additive trend, the state vector xt=(lt,bt)'. But I have no idea how to write the state vector xt for multiplicative trend.
Can anyone help please:D