RDP 8808: Consumption and Permanent Income: The Australian Case Equation

E( A t C t1 )0 (seeequation(2)) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaabweacaGGOaGaaeyqamaaBaaaleaacaqG0baabeaakiaaboea daWgaaWcbaGaaeiDaiabgkHiTiaaigdaaeqaaOGaaiykaiabgcMi5k aaicdaaeaacaGGOaGaai4CaiaacwgacaGGLbGaaGPaVlaacwgacaGG XbGaaiyDaiaacggacaGG0bGaaiyAaiaac+gacaGGUbGaaGPaVlaacI cacaaIYaGaaiykaiaacMcaaaaaaa@5103@