RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model Equation (1)

E 0 t=0 β t { ζ C,t ln( C ( i ) t bC ( i ) t1 )+ A d ζ K d ,t ln( K ( i ) d,t b d K ( i ) d,t1 ) A H ζ H,t H ( i ) t 1+η 1+η } MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@85CC@