RDP 2018-04: DSGE Reno: Adding a Housing Block to a Small Open Economy Model
Equation (14)
Δ
z
,
t
=
P
z
,
t
Y
z
,
t
−
W
z
,
t
h
z
,
t
−
R
z
,
t
K
z
,
t
−
R
L
,
t
L
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