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RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (16)
Ψ
t
R
=
S
t
P
t
r
*
X
t
−
W
t
r
A
t
r
(
X
t
1
+
ζ
K
t
−
μ
R
t
μ
−
ζ
)
−
S
t
P
t
*
I
t
−
C
(
D
t
,
R
t
)
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