RDP 2015-07: A Multi-sector Model of the Australian Economy
Equation (A5)
λ
^
j
,
t
k
=
[
μ
−
β
(
1
−
δ
)
μ
]
[
λ
^
t
+
1
+
r
^
j
,
t
+
1
]
+
β
(
1
−
δ
)
μ
λ
^
j
,
t
+
1
k
−
μ
^
t
+
1
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