RDP 2005-09: The US Current Account Deficit: A Re-Examination of the Role of Private Saving Equation (32)

C t = ( C N t ) δ ( C T t ) 1 δ . MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4qamaaDa aaleaacaWG0baabaGaey4fIOcaaOGaeyypa0ZaaeWaaeaacaWGdbWa a0baaSqaaiaad6eacaWG0baabaGaey4fIOcaaaGccaGLOaGaayzkaa WaaWbaaSqabeaacqaH0oazaaGcdaqadaqaaiaadoeadaqhaaWcbaGa amivaiaadshaaeaacqGHxiIkaaaakiaawIcacaGLPaaadaahaaWcbe qaaiaaigdaiiaacqWFsislcqaH0oazaaGccaGGUaaaaa@4A84@