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RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D62)
U
t
o
(
P
t
c
)
θ
o
−
1
=
C
t
o
R
t
Θ
t
(
P
t
o
P
t
c
)
θ
o
+
β
ϕ
o
E
t
(
U
t
+
1
o
(
P
t
+
1
c
)
θ
o
+
1
(
P
t
+
1
c
P
t
c
)
θ
o
−
1
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@7BB0@