RDP 2007-01: A Structural Model of Australia as a Small Open Economy Equation (13)

B t + 1 = S t P t 1 R t B t S t 1 P t + ψ 2 B t 2 + ( exp ν t p x ) X t C t m MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@63E6@