RDP 2013-08: International Business Cycles with Complete Markets
Equation (B21)
n
2
t
η
+
α
=
(
1
−
α
)
z
2
t
k
2
t
α
χ
Ψ
(
ω
3
;
x
t
)
Ψ
(
ω
3
;
x
t
)
+
b
β
Ψ
(
ω
2
;
x
t
)
.
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