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RDP 2009-08: Leverage Constraints and the International Transmission of Shocks
Equation (9)
E
t
∑
s
=
t
∞
θ
s
S
U
(
C
s
S
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaaBa aaleaacaWG0baabeaakmaaqahabaGaeqiUde3aa0baaSqaaiaadoha aeaacaWGtbaaaOGaamyvamaabmaabaGaam4qamaaDaaaleaacaWGZb aabaGaam4uaaaaaOGaayjkaiaawMcaaiaac6caaSqaaiaadohacqGH 9aqpcaWG0baabaGaeyOhIukaniabggHiLdaaaa@483A@