RDP 2007-01: A Structural Model of Australia as a Small Open Economy Equation (4)

C t ≡ [ ( 1 − α ) 1 δ C t d δ − 1 δ + α 1 δ C t m δ − 1 δ ] δ 1 − δ MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4qamaaBaaaleaacaWG0baabeaakiabggMi6oaadmaabaWaaeWaaeaacaaIXaGaeyOeI0IaeqySdegacaGLOaGaayzkaaWaaWbaaSqabeaadaWcaaqaaiaaigdaaeaacqaH0oazaaaaaOGaam4qamaaDaaaleaacaWG0baabaGaamizamaalaaabaGaeqiTdqMaeyOeI0IaaGymaaqaaiabes7aKbaaaaGccqGHRaWkcqaHXoqydaahaaWcbeqaamaalaaabaGaaGymaaqaaiabes7aKbaaaaGccaWGdbWaa0baaSqaaiaadshaaeaacaWGTbWaaSaaaeaacqaH0oazcqGHsislcaaIXaaabaGaeqiTdqgaaaaaaOGaay5waiaaw2faamaaCaaaleqabaWaaSaaaeaacqaH0oazaeaacaaIXaGaeyOeI0IaeqiTdqgaaaaaaaa@5D43@