RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model Equation (15)

P z,t = ( S t P z,t * ) 1 2 ( P z,t1 ) 1 2 MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaBaaaleaacaWG6bGaaiilaiaadshaaeqaaOGaeyypa0ZaaeWaaeaacaWGtbWaaSbaaSqaaiaadshaaeqaaOGaamiuamaaDaaaleaacaWG6bGaaiilaiaadshaaeaacaGGQaaaaaGccaGLOaGaayzkaaWaaWbaaSqabeaadaWcaaqaaiaaigdaaeaacaaIYaaaaaaakmaabmaabaGaamiuamaaBaaaleaacaWG6bGaaiilaiaadshacqGHsislcaaIXaaabeaaaOGaayjkaiaawMcaamaaCaaaleqabaWaaSaaaeaacaaIXaaabaGaaGOmaaaaaaaaaa@4CF5@