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RDP 9403: Capital Constraints and Employment
Equation (3)
Y
t
=
c
⋅
H
t
⋅
∑
τ
=
t
−
1
t
−
1
a
(
t
,
τ
)
⋅
J
τ
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaaBa aaleaacaWG0baabeaakiabg2da9iaadogacqGHflY1caWGibWaaSba aSqaaiaadshaaeqaaOGaeyyXIC9aaabCaeaacaWGHbWaaeWaaeaaca WG0bGaaiilaiabes8a0bGaayjkaiaawMcaaiabgwSixlaadQeadaWg aaWcbaGaeqiXdqhabeaaaeaacqaHepaDcqGH9aqpcaWG0bGaeyOeI0 IaaGymaaqaaiaadshacqGHsislcaaIXaaaniabggHiLdaaaa@55AC@