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RDP 2006-07: Household Saving and Asset Valuations in Selected Industrialised Countries
Equation (6)
Δ
s
t
=
α
1
E
C
M
t
−
1
+
α
2
Δ
y
t
+
α
3
Δ
p
t
e
q
+
α
3
Δ
p
t
h
+
ζ
t
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiLdiaadohadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHXoqydaWgaaWcbaGaaGymaaqabaGccaWGfbGaam4qaiaad2eadaWgaaWcbaGaamiDaiabgkHiTiaaigdaaeqaaOGaey4kaSIaeqySde2aaSbaaSqaaiaaikdaaeqaaOGaaeiLdiaadMhadaWgaaWcbaGaamiDaaqabaGccqGHRaWkcqaHXoqydaWgaaWcbaGaaG4maaqabaGccaqGuoGaamiCamaaBaaaleaacaWG0baabeaakmaaCaaaleqabaGaamyzaiaadghaaaGccqGHRaWkcqaHXoqydaWgaaWcbaGaaG4maaqabaGccaqGuoGaamiCamaaBaaaleaacaWG0baabeaakmaaCaaaleqabaGaamiAaaaakiabgUcaRiabeA7a6naaBaaaleaacaWG0baabeaaaaa@5D23@