RDP 2008-07: A Medium-Scale Open Economy Model of Australia Equation

b w = λ w σ L − ( 1 − λ ) ( 1 − β ξ w ) ( 1 − ξ w ) ( η 0 η 1 η 2 η 3 η 4 η 5 η 6 η 7 η 8 η 9 η 10 η 11 η 12 η 13 ) = ( b w ξ w λ w σ L − b w ( 1 + β ξ w 2 ) b w β ξ w − b w ξ w b w β ξ w b w ξ w κ w − b w β ξ w κ w 1 − λ w − ( 1 − λ w ) σ L − ( 1 − λ w ) τ y 1 + τ y − ( 1 − λ w ) τ w 1 + τ w − ( 1 − λ w ) − b w ξ w b w β ξ w ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGIb WaaSbaaSqaaiaadEhaaeqaaOGaeyypa0ZaaSaaaeaacqaH7oaBdaWg aaWcbaGaam4DaaqabaGccqaHdpWCdaWgaaWcbaGaamitaaqabaGccq GHsisldaqadaqaaiaaigdacqGHsislcqaH7oaBaiaawIcacaGLPaaa aeaadaqadaqaaiaaigdacqGHsislcqaHYoGycqaH+oaEdaWgaaWcba Gaam4DaaqabaaakiaawIcacaGLPaaadaqadaqaaiaaigdacqGHsisl cqaH+oaEdaWgaaWcbaGaam4DaaqabaaakiaawIcacaGLPaaaaaaaba WaaeWaaeaafaqabeGdbaaaaaaabaGaeq4TdG2aaSbaaSqaaiaaicda aeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaigdaaeqaaaGcbaGaeq4TdG 2aaSbaaSqaaiaaikdaaeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaioda aeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaisdaaeqaaaGcbaGaeq4TdG 2aaSbaaSqaaiaaiwdaaeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaiAda aeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaiEdaaeqaaaGcbaGaeq4TdG 2aaSbaaSqaaiaaiIdaaeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaiMda aeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaigdacaaIWaaabeaaaOqaai abeE7aOnaaBaaaleaacaaIXaGaaGymaaqabaaakeaacqaH3oaAdaWg aaWcbaGaaGymaiaaikdaaeqaaaGcbaGaeq4TdG2aaSbaaSqaaiaaig dacaaIZaaabeaaaaaakiaawIcacaGLPaaacqGH9aqpdaqadaqaauaa beqaoeaaaaaaaeaacaWGIbWaaSbaaSqaaiaadEhaaeqaaOGaeqOVdG 3aaSbaaSqaaiaadEhaaeqaaaGcbaGaeq4UdW2aaSbaaSqaaiaadEha aeqaaOGaeq4Wdm3aaSbaaSqaaiaadYeaaeqaaOGaeyOeI0IaamOyam aaBaaaleaacaWG3baabeaakmaabmaabaGaaGymaiabgUcaRiabek7a Ijabe67a4naaDaaaleaacaWG3baabaGaaGOmaaaaaOGaayjkaiaawM caaaqaaiaadkgadaWgaaWcbaGaam4DaaqabaGccqaHYoGycqaH+oaE daWgaaWcbaGaam4DaaqabaaakeaacqGHsislcaWGIbWaaSbaaSqaai aadEhaaeqaaOGaeqOVdG3aaSbaaSqaaiaadEhaaeqaaaGcbaGaamOy amaaBaaaleaacaWG3baabeaakiabek7aIjabe67a4naaBaaaleaaca WG3baabeaaaOqaaiaadkgadaWgaaWcbaGaam4DaaqabaGccqaH+oaE daWgaaWcbaGaam4DaaqabaGccqaH6oWAdaWgaaWcbaGaam4Daaqaba aakeaacqGHsislcaWGIbWaaSbaaSqaaiaadEhaaeqaaOGaeqOSdiMa eqOVdG3aaSbaaSqaaiaadEhaaeqaaOGaeqOUdS2aaSbaaSqaaiaadE haaeqaaaGcbaGaaGymaiabgkHiTiabeU7aSnaaBaaaleaacaWG3baa beaaaOqaaiabgkHiTmaabmaabaGaaGymaiabgkHiTiabeU7aSnaaBa aaleaacaWG3baabeaaaOGaayjkaiaawMcaaiabeo8aZnaaBaaaleaa caWGmbaabeaaaOqaaiabgkHiTmaabmaabaGaaGymaiabgkHiTiabeU 7aSnaaBaaaleaacaWG3baabeaaaOGaayjkaiaawMcaamaalaaabaGa eqiXdq3aaWbaaSqabeaacaWG5baaaaGcbaGaaGymaiabgUcaRiabes 8a0naaCaaaleqabaGaamyEaaaaaaaakeaacqGHsisldaqadaqaaiaa igdacqGHsislcqaH7oaBdaWgaaWcbaGaam4DaaqabaaakiaawIcaca GLPaaadaWcaaqaaiabes8a0naaCaaaleqabaGaam4DaaaaaOqaaiaa igdacqGHRaWkcqaHepaDdaahaaWcbeqaaiaadEhaaaaaaaGcbaGaey OeI0YaaeWaaeaacaaIXaGaeyOeI0Iaeq4UdW2aaSbaaSqaaiaadEha aeqaaaGccaGLOaGaayzkaaaabaGaeyOeI0IaamOyamaaBaaaleaaca WG3baabeaakiabe67a4naaBaaaleaacaWG3baabeaaaOqaaiaadkga daWgaaWcbaGaam4DaaqabaGccqaHYoGycqaH+oaEdaWgaaWcbaGaam 4DaaqabaaaaaGccaGLOaGaayzkaaaaaaa@F9FC@