RDP 2013-08: International Business Cycles with Complete Markets Equation (B14)

0 = ω j u 3 ( c j ( s t ) , h j ( s t 1 ) , n j ( s t ) ) + γ ˜ ( s t ) z j ( s t , s t + 1 ) f 2 ( k j ( s t ) , n j ( s t , s t + 1 ) ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbiqaaWOfcaaIWaGaeyypa0JaeqyYdC3aaSbaaSqaaiaadQgaaeqaaOGaamyDamaaBaaaleaacaaIZaaabeaakmaabmaabaGaam4yamaaBaaaleaacaWGQbaabeaakmaabmaabaGaam4CamaaCaaaleqabaGaamiDaaaaaOGaayjkaiaawMcaaiaacYcacaWGObWaaSbaaSqaaiaadQgaaeqaaOWaaeWaaeaacaWGZbWaaWbaaSqabeaacaWG0bGaeyOeI0IaaGymaaaaaOGaayjkaiaawMcaaiaacYcacaWGUbWaaSbaaSqaaiaadQgaaeqaaOWaaeWaaeaacaWGZbWaaWbaaSqabeaacaWG0baaaaGccaGLOaGaayzkaaaacaGLOaGaayzkaaGaey4kaSIafq4SdCMbaGaadaqadaqaaiaadohadaahaaWcbeqaaiaadshaaaaakiaawIcacaGLPaaacaWG6bWaaSbaaSqaaiaadQgaaeqaaOWaaeWaaeaacaWGZbWaaWbaaSqabeaacaWG0baaaOGaaiilaiaadohadaWgaaWcbaGaamiDaiabgUcaRiaaigdaaeqaaaGccaGLOaGaayzkaaGaamOzamaaBaaaleaacaaIYaaabeaakmaabmaabaGaam4AamaaBaaaleaacaWGQbaabeaakmaabmaabaGaam4CamaaCaaaleqabaGaamiDaaaaaOGaayjkaiaawMcaaiaacYcacaWGUbWaaSbaaSqaaiaadQgaaeqaaOWaaeWaaeaacaWGZbWaaWbaaSqabeaacaWG0baaaOGaaiilaiaadohadaWgaaWcbaGaamiDaiabgUcaRiaaigdaaeqaaaGccaGLOaGaayzkaaaacaGLOaGaayzkaaaaaa@77BE@