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RDP 2015-07: A Multi-sector Model of the Australian Economy
Equation (A1)
(
μ
−
h
)
(
μ
−
β
b
)
λ
^
t
=
(
μ
−
h
)
(
μ
ξ
c
,
t
−
h
β
ξ
c
,
t
+
1
)
−
(
μ
2
+
β
h
2
)
c
^
t
+
μ
b
(
c
^
t
−
1
+
β
c
^
t
+
1
−
μ
^
t
+
β
μ
^
t
+
1
)
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