Question: _ ( t = 0 ) ^ infty ( 1 / ( 1 + rho ) ) ^ t ( ( C _

_(t=0)^\infty (1/(1+\rho ))^t ((C_t^(1-\theta ))/(1-\theta )-\phi N_t)
Subject to C_t+K_(t+1)=e^(z_t ) K_t^\alpha N_t^(1-\alpha )+(1-\delta )K_t

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