RDP 2013-09: Terms of Trade Shocks and Incomplete Information
Equation (12)
Q
t
B
t
+
1
+
P
t
C
t
+
I
t
+
ϕ
2
(
K
t
+
1
K
t
−
μ
)
2
K
t
≤
W
t
N
t
+
R
t
k
K
t
+
B
t
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