RDP 2013-14: Reserves of Natural Resources in a Small Open Economy Equation (D61)

V t o ( P t c ) θ o = C t o R t Θ t ( P t o P t c ) θ o S t P t c P t * + β ϕ o E t ( V t + 1 o ( P t + 1 c ) θ o ( P t + 1 c P t c ) θ o ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@7E5B@