RDP 8808: Consumption and Permanent Income: The Australian Case Equation (11)

C t = δ 1+δ ( A t + H t )+ e t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4qamaaBa aaleaacaqG0baabeaakiabg2da9maalaaabaGaeqiTdqgabaGaaGym aiabgUcaRiabes7aKbaacaGGOaGaaeyqamaaBaaaleaacaqG0baabe aakiabgUcaRiaabIeadaWgaaWcbaGaaeiDaaqabaGccaGGPaGaey4k aSIaaeyzamaaBaaaleaacaqG0baabeaaaaa@46F7@