RDP 2008-07: A Medium-Scale Open Economy Model of Australia
Equation (B2)
m
c
^
t
=
α
r
^
t
k
+
(
1
−
α
)
[
w
¯
^
t
+
R
^
t
f
]
−
ε
t
^
=
α
(
μ
^
z
,
t
+
H
t
^
−
k
t
^
)
+
w
¯
^
t
+
R
^
t
f
−
ε
t
^
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@71FC@