RDP 2016-08: The Slowdown in US Productivity Growth: Breaks and Beliefs
Equation (B5)
c
2
c
t
=
c
1
E
t
c
t
+
1
+
c
3
c
t
−
1
+
c
4
z
t
+
c
5
w
g
1
b
t
*
−
λ
t
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