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RDP 8808: Consumption and Permanent Income: The Australian Case
Equation
C
t
+
1
=
1
+
r
1
+
δ
C
t
+
μ
t
+
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4qamaaBa aaleaacaqG0bGaey4kaSIaaGymaaqabaGccqGH9aqpdaWcaaqaaiaa igdacqGHRaWkcaqGYbaabaGaaGymaiabgUcaRiabes7aKbaacaqGdb WaaSbaaSqaaiaabshaaeqaaOGaey4kaSIaeqiVd02aaSbaaSqaaiaa bshacqGHRaWkcaaIXaaabeaaaaa@47BB@