RDP 9209: Financial Liberalisation and Consumption Behaviour Equation (13)

c 1t / c 1t−1 = b 0 + e 2t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4yamaaBa aaleaacaaIXaGaaeiDaaqabaGccaGGVaGaae4yamaaBaaaleaacaaI XaGaaeiDaiaab2cacaqGXaaabeaakiabg2da9iaabkgadaWgaaWcba GaaGimaaqabaGccqGHRaWkcaqGLbWaaSbaaSqaaiaaikdacaqG0baa beaaaaa@442D@