RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model Equation (7)

Y ( k ) j,t = ( P ( k ) j,t P j,t ) θ π j Y j,t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaabmaabaGaam4AaaGaayjkaiaawMcaamaaBaaaleaacaWGQbGaaiilaiaadshaaeqaaOGaeyypa0ZaaeWaaeaadaWcaaqaaiaadcfadaqadaqaaiaadUgaaiaawIcacaGLPaaadaWgaaWcbaGaamOAaiaacYcacaWG0baabeaaaOqaaiaadcfadaWgaaWcbaGaamOAaiaacYcacaWG0baabeaaaaaakiaawIcacaGLPaaadaahaaWcbeqaaiabgkHiTiabeI7aXnaaCaaameqabaGaeqiWda3aaSbaaeaacaWGQbaabeaaaaaaaOGaamywamaaBaaaleaacaWGQbGaaiilaiaadshaaeqaaaaa@51EE@