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RDP 2013-09: Terms of Trade Shocks and Incomplete Information
Equation (B14)
C
˜
(
c
˜
t
+
(
1
−
η
)
Δ
s
t
)
+
I
˜
i
˜
t
+
Q
B
˜
μ
(
q
t
+
b
˜
t
+
1
+
m
t
+
Δ
s
t
1
−
α
)
=
Y
˜
(
y
˜
t
+
Δ
s
t
)
+
B
˜
b
˜
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6D0A@