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RDP 2013-08: International Business Cycles with Complete Markets
Equation
u
3
(
s
t
)
=
χ
n
(
s
t
)
η
(
c
(
s
t
)
−
b
c
(
s
t
−
1
)
−
χ
n
(
s
t
)
1
+
η
1
+
η
)
−
σ
.
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