RDP 2008-07: A Medium-Scale Open Economy Model of Australia
Equation (B7)
E
t
{
P
^
k
′
,
t
+
ϒ
^
t
−
ϒ
^
t
i
,
d
−
μ
z
2
S
˜
″
[
(
i
^
t
−
i
^
t
−
1
)
−
β
(
i
^
t
+
1
−
i
^
t
)
+
μ
^
z
,
t
−
β
μ
^
z
,
t
+
1
]
}
=
0
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaaBa aaleaacaWG0baabeaakmaacmaabaWaaecaaeaacaWGqbaacaGLcmaa daWgaaWcbaGabm4AayaafaGaaiilaiaadshaaeqaaOGaey4kaSYaae caaeaacqqHspqOaiaawkWaamaaBaaaleaacaWG0baabeaakiabgkHi TmaaHaaabaGaeuO0dekacaGLcmaadaqhaaWcbaGaamiDaaqaaiaadM gacaGGSaGaamizaaaakiabgkHiTiabeY7aTnaaDaaaleaacaWG6baa baGaaGOmaaaakiqadofagaacgaGbamaadmaabaWaaeWaaeaadaqiaa qaaiaadMgaaiaawkWaamaaBaaaleaacaWG0baabeaakiabgkHiTmaa HaaabaGaamyAaaGaayPadaWaaSbaaSqaaiaadshacqGHsislcaaIXa aabeaaaOGaayjkaiaawMcaaiabgkHiTiabek7aInaabmaabaWaaeca aeaacaWGPbaacaGLcmaadaWgaaWcbaGaamiDaiabgUcaRiaaigdaae qaaOGaeyOeI0YaaecaaeaacaWGPbaacaGLcmaadaWgaaWcbaGaamiD aaqabaaakiaawIcacaGLPaaacqGHRaWkdaqiaaqaaiabeY7aTbGaay PadaWaaSbaaSqaaiaadQhacaGGSaGaamiDaaqabaGccqGHsislcqaH YoGydaqiaaqaaiabeY7aTbGaayPadaWaaSbaaSqaaiaadQhacaGGSa GaamiDaiabgUcaRiaaigdaaeqaaaGccaGLBbGaayzxaaaacaGL7bGa ayzFaaGaeyypa0JaaGimaaaa@79FB@