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RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D30)
ln
(
1
+
i
t
)
=
(
1
−
ρ
i
)
ln
(
1
+
i
¯
)
+
(
1
−
ρ
i
)
ρ
π
E
t
ln
(
P
t
+
1
c
P
t
c
)
+
ρ
i
ln
(
1
+
i
t
−
1
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6E42@