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@