RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model Equation (28)

( μ b * )( μβ b * ) λ t * =( μ b * )( μ ξ y * ,t b * β E t ξ y * ,t+1 )( μ 2 +β ( b * ) 2 ) y t * +μ b * ( y t1 * +β E t y t+1 * μ t +β E t μ t+1 ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@9355@