RDP 9512: Consumption, Investment and International Linkages
Equation (2)
Δ
w
t
=
α
+
β
Δ
y
t
f
+
δ
Δ
y
t
−
γ
w
t
−
1
+
λ
y
t
−
1
f
+
ε
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaam 4DamaaBaaaleaacaWG0baabeaakiabg2da9iabeg7aHjabgUcaRiab ek7aIjabfs5aejaadMhadaqhaaWcbaGaamiDaaqaaiaadAgaaaGccq GHRaWkcqaH0oazcqqHuoarcaWG5bWaaSbaaSqaaiaadshaaeqaaOGa eyOeI0Iaeq4SdCMaam4DamaaBaaaleaacaWG0bGaeyOeI0IaaGymaa qabaGccqGHRaWkcqaH7oaBcaWG5bWaa0baaSqaaiaadshacqGHsisl caaIXaaabaGaamOzaaaakiabgUcaRiabew7aLnaaBaaaleaacaWG0b aabeaaaaa@5AB4@