RDP 2007-01: A Structural Model of Australia as a Small Open Economy
Equation (2)
U
(
C
t
(
i
)
,
N
t
(
i
)
)
=
(
C
t
(
i
)
H
t
−
η
)
1
−
γ
1
−
γ
−
N
t
(
i
)
1
+
φ
1
+
φ
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@60C7@