RDP 2008-07: A Medium-Scale Open Economy Model of Australia
Equation (3)
c
t
^
=
b
β
μ
z
(
μ
z
2
+
b
2
β
)
E
t
c
^
t
+
1
+
b
μ
z
(
μ
z
2
+
b
2
β
)
c
^
t
−
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaecaaeaaca WGJbWaaSbaaSqaaiaadshaaeqaaaGccaGLcmaacqGH9aqpdaWcaaqa aiaadkgacqaHYoGycqaH8oqBdaWgaaWcbaGaamOEaaqabaaakeaada qadaqaaiabeY7aTnaaDaaaleaacaWG6baabaGaaGOmaaaakiabgUca RiaadkgadaahaaWcbeqaaiaaikdaaaGccqaHYoGyaiaawIcacaGLPa aaaaGaamyramaaBaaaleaacaWG0baabeaakmaaHaaabaGaam4yaaGa ayPadaWaaSbaaSqaaiaadshacqGHRaWkcaaIXaaabeaakiabgUcaRm aalaaabaGaamOyaiabeY7aTnaaBaaaleaacaWG6baabeaaaOqaamaa bmaabaGaeqiVd02aa0baaSqaaiaadQhaaeaacaaIYaaaaOGaey4kaS IaamOyamaaCaaaleqabaGaaGOmaaaakiabek7aIbGaayjkaiaawMca aaaadaqiaaqaaiaadogaaiaawkWaamaaBaaaleaacaWG0bGaeyOeI0 IaaGymaaqabaaaaa@621E@