RDP 9209: Financial Liberalisation and Consumption Behaviour Equation (9)

c 1t = a 0 + a 1 c 1 t-1 + e 1t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4yamaaBa aaleaacaaIXaGaaeiDaaqabaGccqGH9aqpcaqGHbWaaSbaaSqaaiaa icdaaeqaaOGaey4kaSIaaeyyamaaBaaaleaacaaIXaaabeaakiaabo gadaWgaaWcbaGaaGymaaqabaGcdaWgaaWcbaGaaeiDaiaab2cacaqG XaaabeaakiabgUcaRiaabwgadaWgaaWcbaGaaGymaiaabshaaeqaaa aa@4665@