RDP 2007-01: A Structural Model of Australia as a Small Open Economy Equation (A12)

b t + 1 = b t + x t c t m + ν t p x + Δ s t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOyamaaDaaaleaacaWG0bGaey4kaSIaaGymaaqaaiabgEHiQaaakiabg2da9iaadkgadaqhaaWcbaGaamiDaaqaaiabgEHiQaaakiabgUcaRiaadIhadaWgaaWcbaGaamiDaaqabaGccqGHsislcaWGJbWaa0baaSqaaiaadshaaeaacaWGTbaaaOGaey4kaSIaeqyVd42aa0baaSqaaiaadshaaeaacaWGWbGaamiEaaaakiabgUcaRiabfs5aejaadohadaWgaaWcbaGaamiDaaqabaaaaa@4FC9@