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RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model
Equation (8)
Y
(
k
)
j
,
t
=
a
j
,
t
(
M
t
h
(
k
)
j
,
t
)
α
j
(
K
(
k
)
j
,
t
)
γ
j
(
Z
(
k
)
j
,
t
)
1
−
α
j
−
γ
j
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6817@