RDP 8808: Consumption and Permanent Income: The Australian Case Equation (17)

C t+1 v = Y t+1 v MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4qamaaDa aaleaacaqG0bGaey4kaSIaaGymaaqaaiaabAhaaaGccqGH9aqpcaqG zbWaa0baaSqaaiaabshacqGHRaWkcaaIXaaabaGaaeODaaaaaaa@401C@