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

X t+1 = C t C t+1 1+ r t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiwamaaBa aaleaacaqG0bGaey4kaSIaaGymaaqabaGccqGH9aqpdaWcaaqaaiaa boeadaWgaaWcbaGaaeiDaaqabaaakeaacaqGdbWaaSbaaSqaaiaabs hacqGHRaWkcaaIXaaabeaaaaGccaaIXaGaey4kaSIaaeOCamaaBaaa leaacaqG0baabeaaaaa@43E9@