RBA Annual Conference – 2015 Equation (6)

j i t + n ¯ j i t ( y i t + n ¯ α k k i t + n ¯ α l l i t + n ¯ ) ( y i t α k k i t α l l i t ) . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaa0aaaeaaca WGQbWaaSbaaSqaaiaadMgacaWG0bGaey4kaSIaamOBaaqabaaaaOGa eyOeI0IaamOAamaaBaaaleaacaWGPbGaamiDaaqabaGccqGHHjIUda qadaqaamaanaaabaGaamyEamaaBaaaleaacaWGPbGaamiDaiabgUca Riaad6gaaeqaaaaakiabgkHiTiabeg7aHnaaBaaaleaacaWGRbaabe aakmaanaaabaGaam4AamaaBaaaleaacaWGPbGaamiDaiabgUcaRiaa d6gaaeqaaaaakiabgkHiTiabeg7aHnaaBaaaleaacaWGSbaabeaakm aanaaabaGaamiBamaaBaaaleaacaWGPbGaamiDaiabgUcaRiaad6ga aeqaaaaaaOGaayjkaiaawMcaaiabgkHiTmaabmaabaGaamyEamaaBa aaleaacaWGPbGaamiDaaqabaGccqGHsislcqaHXoqydaWgaaWcbaGa am4AaaqabaGccaWGRbWaaSbaaSqaaiaadMgacaWG0baabeaakiabgk HiTiabeg7aHnaaBaaaleaacaWGSbaabeaakiaadYgadaWgaaWcbaGa amyAaiaadshaaeqaaaGccaGLOaGaayzkaaGaaiOlaaaa@6C43@