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

i s s = δ k s s = 0.025 12.108 = 0.3027 ; y s s = k s s α n s s 1 α = ( 12.108 ) 0.36 ( 1 / 3 ) ( 1 0.36 ) = 1.2149 ; c s s = y s s i s s = 1.2149 0.3027 = 0.9122. MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@9676@