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RDP 9002: Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
Equation (3)
(
Y
+
L+rBP
−
r
*
D
P
−
C
−
T
−
N
−
I
−
D
V
)
−
(
G
C
+
G
i
+
r
(
B
P
+
B
f
)
+
L
−
T
)
=
(
X
−
M
−
r
*
D
P
−
r
B
f
−
N
)
+
S
D
or (S
−
I
−
DV)
−
PSBR=CA+SD
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