RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D63)
P
t
n
P
t
c
=
(
(
1
−
ϕ
o
)
(
P
¯
t
o
P
t
c
)
1
−
θ
o
+
ϕ
o
(
P
t
−
1
o
P
t
−
1
c
P
t
−
1
c
P
t
c
)
1
−
θ
o
)
1
1
−
θ
o
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSaaaeaacaWGqbWaa0baaSqaaiaadshaaeaacaWGUbaaaaGcbaGaamiuamaaDaaaleaacaWG0baabaGaam4yaaaaaaGccqGH9aqpdaqadaqaamaabmaabaGaaGymaiabgkHiTiabew9aMnaaBaaaleaacaWGVbaabeaaaOGaayjkaiaawMcaamaabmaabaWaaSaaaeaadaqdaaqaaiaadcfaaaWaa0baaSqaaiaadshaaeaacaWGVbaaaaGcbaGaamiuamaaDaaaleaacaWG0baabaGaam4yaaaaaaaakiaawIcacaGLPaaadaahaaWcbeqaaiaaigdacqGHsislcqaH4oqCdaWgaaadbaGaam4BaaqabaaaaOGaey4kaSIaeqy1dy2aaSbaaSqaaiaad+gaaeqaaOWaaeWaaeaadaWcaaqaaiaadcfadaqhaaWcbaGaamiDaiabgkHiTiaaigdaaeaacaWGVbaaaaGcbaGaamiuamaaDaaaleaacaWG0bGaeyOeI0IaaGymaaqaaiaadogaaaaaaOWaaSaaaeaacaWGqbWaa0baaSqaaiaadshacqGHsislcaaIXaaabaGaam4yaaaaaOqaaiaadcfadaqhaaWcbaGaamiDaaqaaiaadogaaaaaaaGccaGLOaGaayzkaaWaaWbaaSqabeaacaaIXaGaeyOeI0IaeqiUde3aaSbaaWqaaiaad+gaaeqaaaaaaOGaayjkaiaawMcaamaaCaaaleqabaWaaSaaaeaacaaIXaaabaGaaGymaiabgkHiTiabeI7aXnaaBaaameaacaWGVbaabeaaaaaaaaaa@7143@