RBA Annual Conference – 2016 Equation

( Debt/GDP ) steadystate =( f+b )/( yr )wheny>r MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaeWaaeaacaWGebGaamyzaiaadkgacaWG0bGaai4laiaadEeacaWGebGaamiuaaGaayjkaiaawMcaamaaBaaaleaacaWGZbGaamiDaiaadwgacaWGHbGaamizaiaadMhacaaMc8Uaam4CaiaadshacaWGHbGaamiDaiaadwgaaeqaaOGaeyypa0ZaaeWaaeaacaWGMbGaey4kaSIaamOyaaGaayjkaiaawMcaaiaac+cadaqadaqaaiaadMhacqGHsislcaWGYbaacaGLOaGaayzkaaGaae4DaiaabIgacaqGLbGaaeOBaiaadMhacqGH+aGpcaWGYbaaaa@5B6C@