RDP 2013-08: International Business Cycles with Complete Markets
Equation
u
3
(
s
t
)
=
χ
n
(
s
t
)
η
(
c
(
s
t
)
−
b
c
(
s
t
−
1
)
−
χ
n
(
s
t
)
1
+
η
1
+
η
)
−
σ
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyDamaaBa aaleaacaaIZaaabeaakmaabmaabaGaam4CamaaCaaaleqabaGaamiD aaaaaOGaayjkaiaawMcaaiabg2da9iabeE8aJjaad6gadaqadaqaai aadohadaahaaWcbeqaaiaadshaaaaakiaawIcacaGLPaaadaahaaWc beqaaiabeE7aObaakmaabmaabaGaam4yamaabmaabaGaam4CamaaCa aaleqabaGaamiDaaaaaOGaayjkaiaawMcaaiabgkHiTiaadkgacaWG JbWaaeWaaeaacaWGZbWaaWbaaSqabeaacaWG0bGaeyOeI0IaaGymaa aaaOGaayjkaiaawMcaaiabgkHiTiabeE8aJnaalaaabaGaamOBamaa bmaabaGaam4CamaaCaaaleqabaGaamiDaaaaaOGaayjkaiaawMcaam aaCaaaleqabaGaaGymaiabgUcaRiabeE7aObaaaOqaaiaaigdacqGH RaWkcqaH3oaAaaaacaGLOaGaayzkaaWaaWbaaSqabeaacqGHsislcq aHdpWCaaGccaGGUaaaaa@64C9@