RDP 2005-09: The US Current Account Deficit: A Re-Examination of the Role of Private Saving Equation (9)

γ t + j = α j γ t + ( 1 − α j ) γ ¯ . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4SdC2aaS baaSqaaiaadshacqGHRaWkcaWGQbaabeaakiabg2da9iabeg7aHnaa CaaaleqabaGaamOAaaaakiabeo7aNnaaBaaaleaacaWG0baabeaaki abgUcaRmaabmaabaGaaGymaGGaaiab=jHiTiabeg7aHnaaCaaaleqa baGaamOAaaaaaOGaayjkaiaawMcaaiqbeo7aNzaaraGaaiOlaaaa@4A8A@