RDP 2007-01: A Structural Model of Australia as a Small Open Economy Equation (A16)

m c t = γ c t γ η c t 1 + φ y t ( φ + 1 ) a t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyBaiaadogadaWgaaWcbaGaamiDaaqabaGccqGH9aqpcqaHZoWzcaWGJbWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0Iaeq4SdCMaeq4TdGMaam4yamaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGHRaWkcqaHgpGAcaWG5bWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0YaaeWaaeaacqaHgpGAcqGHRaWkcaaIXaaacaGLOaGaayzkaaGaamyyamaaBaaaleaacaWG0baabeaaaaa@5267@