RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model
Equation (30)
π
t
*
=
1
1
+
χ
*
β
[
β
E
t
π
t
+
1
*
+
χ
*
π
t
−
1
*
+
κ
*
y
t
*
]
+
e
π
*
,
t
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