RDP 2005-09: The US Current Account Deficit: A Re-Examination of the Role of Private Saving
Equation (29)
C
0
=
(
1
−
β
˜
)
Y
0
[
1
+
β
˜
γ
1
γ
0
+
β
˜
2
γ
2
γ
0
+
…
]
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbiGaa83qam aaBaaaleaacaaIWaaabeaakiabg2da9maabmaabaGaaGymaGGaaiab +jHiTmacmciiaaqaiWiGcWaJasOSdigacGaJaA5adaaacaGLOaGaay zkaaGaamywamaaBaaaleaacaaIWaaabeaakmaadmaabaGaaGymaiab gUcaRmaaGaaabaGaeqOSdigacaGLdmaadaWcaaqaaiabeo7aNnaaBa aaleaacaaIXaaabeaaaOqaaiabeo7aNnaaBaaaleaacaaIWaaabeaa aaGccqGHRaWkcuaHYoGygaacamaaCaaaleqabaGaaGOmaaaakmaala aabaGaeq4SdC2aaSbaaSqaaiaaikdaaeqaaaGcbaGaeq4SdC2aaSba aSqaaiaaicdaaeqaaaaakiabgUcaRiablAcilbGaay5waiaaw2faai aac6caaaa@5B1B@