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RDP 8809: The Intertemporal Government Budget Constraint and Tests for Bubbles
Equation
s
t
=
k
2
+
a
1
s
t
−
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaO4CamaaBa aaleaacaGI0baabeaakiabg2da9iaabUgadaWgaaWcbaGaaGOmaaqa baGccaqGRaGaaOyyamaaBaaaleaacaaIXaaabeaakiaakohadaWgaa WcbaGaaOiDaiabgkHiTiaaigdaaeqaaaaa@4170@