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RDP 2013-08: International Business Cycles with Complete Markets
Equation (B19)
c
2
t
=
[
Ψ
(
ω
3
;
x
t
)
+
b
β
Ψ
(
ω
2
;
x
t
)
]
−
1
σ
+
b
c
2
t
−
1
+
χ
n
2
t
1
+
η
1
+
η
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbiqaaWOfcaWGJb WaaSbaaSqaaiaaikdacaWG0baabeaaiiaakiab=1da9maadmaabaGa euiQdK1aaeWaaeaacqaHjpWDdaWgaaWcbaGaaG4maaqabaacbaGcca GF7aGaaCiEamaaBaaaleaacaWG0baabeaaaOGaayjkaiaawMcaaiab gUcaRiaadkgacqaHYoGycqqHOoqwdaqadaqaaiabeM8a3naaBaaale aacaaIYaaabeaakiaa+TdacaWH4bWaaSbaaSqaaiaadshaaeqaaaGc caGLOaGaayzkaaaacaGLBbGaayzxaaWaaWbaaSqabeaacqGHsislda WcaaqaaiaaigdaaeaacqaHdpWCaaaaaOGaey4kaSIaamOyaiaadoga daWgaaWcbaGaaGOmaiaadshacqGHsislcaaIXaaabeaakiabgUcaRi abeE8aJnaalaaabaGaamOBamaaDaaaleaacaaIYaGaamiDaaqaaiaa igdacqGHRaWkcqaH3oaAaaaakeaacaaIXaGaey4kaSIaeq4TdGgaai aac6caaaa@6823@