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RDP 2016-08: The Slowdown in US Productivity Growth: Breaks and Beliefs
Equation (B5)
c
2
c
t
=
c
1
E
t
c
t
+
1
+
c
3
c
t
−
1
+
c
4
z
t
+
c
5
w
g
1
b
t
*
−
λ
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@59FC@