RDP 2016-08: The Slowdown in US Productivity Growth: Breaks and Beliefs
Equation (B7)
q
t
=
q
1
E
t
q
t
+
1
+
q
2
(
E
t
λ
t
+
1
+
E
t
r
t
+
1
k
)
−
(
q
1
+
q
2
)
ρ
z
z
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@5F5C@