Skip to content
RDP 8808: Consumption and Permanent Income: The Australian Case
Equation (2)
subject
to
A
t
+
1
=
(
1
+
r
t
)
(
A
t
+
Y
t
−
C
t
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4Caiaabw hacaqGIbGaaeOAaiaabwgacaqGJbGaaeiDaiaaykW7caqG0bGaae4B aiaaykW7caqGbbWaaSbaaSqaaiaabshacqGHRaWkcaaIXaaabeaaki abg2da9iaacIcacaaIXaGaey4kaSIaaeOCamaaBaaaleaacaqG0baa beaakiaacMcacaGGOaGaaeyqamaaBaaaleaacaqG0baabeaakiabgU caRiaabMfadaWgaaWcbaGaaeiDaaqabaGccqGHsislcaqGdbWaaSba aSqaaiaabshaaeqaaOGaaiykaaaa@543B@