RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model
Equation (3)
H
t
=
[
h
n
,
t
1
+
σ
+
h
m
,
t
1
+
σ
+
h
z
,
t
1
+
σ
+
h
d
,
t
1
+
σ
]
1
1
+
σ
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