RDP 2004-01: The Impact of Superannuation on Household Saving Equation (B10)

c T m = e T+1 o +( 1+ r T ) e T m +( 1+ r T )( 1+ r T−1 ) w T−1 y ( 1+ w s ) ( 1+ r T )( 1+β ) if w T−1 y >0 c T+1 o =β e T+1 o +( 1+ r T ) e T m +( 1+ r T )( 1+ r T−1 ) w T−1 y ( 1+ w s ) 1+β if w T−1 y >0 c T o = e T o +( 1+ r T−1 ) w T−1 m ( 1+ w s ) if w T−1 y >0 c t y = c t y,B , c t m = c t m,B , c t o = c t o,B in all other cases MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@0E11@