Hi everyone,
Someone knows a possible equation of Natural Output according to Jordi Gali textbook “Monetary Policy, Inflation, and the Business Cycle (pp.48)” but with a Cobb-Douglas with 4 production factors Y=A,L^z1,K1^z2,K2^z3,K3^z4 in a fully flexible prices scenario (Calvo Prices)??
Thank You.