Skip to content
RDP 2005-09: The US Current Account Deficit: A Re-Examination of the Role of Private Saving
Equation (16)
R
t
=
Y
t
W
(
β
η
t
−
1
+
β
*
(
1
−
η
t
−
1
)
)
Y
t
−
1
W
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOuamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaamywamaaDaaaleaa caWG0baabaGaam4vaaaaaOqaamaabmaabaGaeqOSdiMaeq4TdG2aaS baaSqaaiaadshaiiaacqWFsislcaaIXaaabeaakiabgUcaRiabek7a InaaCaaaleqabaGaaiOkaaaakmaabmaabaGaaGymaiab=jHiTiabeE 7aOnaaBaaaleaacaWG0bGae8NeI0IaaGymaaqabaaakiaawIcacaGL PaaaaiaawIcacaGLPaaacaWGzbWaa0baaSqaaiaadshacqWFsislca aIXaaabaGaam4vaaaaaaGccaGGUaaaaa@53F7@