RDP 2013-08: International Business Cycles with Complete Markets
Equation (B19)
c
2
t
=
[
Ψ
(
ω
3
;
x
t
)
+
b
β
Ψ
(
ω
2
;
x
t
)
]
−
1
σ
+
b
c
2
t
−
1
+
χ
n
2
t
1
+
η
1
+
η
.
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