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RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D41)
Q
t
k
P
t
c
=
β
E
t
(
M
˜
t
,
t
+
1
μ
W
t
+
1
r
R
t
+
1
P
t
+
1
c
R
t
+
1
A
t
+
1
r
(
X
t
+
1
R
t
+
1
)
1
+
ζ
(
K
t
+
1
R
t
+
1
)
−
μ
−
1
)
+
β
E
t
(
M
˜
t
,
t
+
1
Q
t
+
1
k
P
t
+
1
c
(
1
−
δ
)
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@92D1@