RDP 2005-09: The US Current Account Deficit: A Re-Examination of the Role of Private Saving
Equation (54)
γ
¯
γ
t
=
1
−
1
−
α
β
β
(
1
−
α
)
C
A
t
Y
t
V
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSaaaeaacu aHZoWzgaqeaaqaaiabeo7aNnaaBaaaleaacaWG0baabeaaaaGccqGH 9aqpcaaIXaaccaGae8NeI0YaaSaaaeaacaaIXaGae8NeI0IaeqySde MaeqOSdigabaGaeqOSdi2aaeWaaeaacaaIXaGae8NeI0Iae8xSdega caGLOaGaayzkaaaaamaalaaabaGaam4qaiaadgeadaWgaaWcbaGaam iDaaqabaaakeaacaWGzbWaa0baaSqaaiaadshaaeaacaWGwbaaaaaa kiaac6caaaa@4F0A@