RDP 2006-06: Ageing, Retirement and Savings: A General Equilibrium Analysis Equation (10)

L t = s=1 T ( 1 l s,t ) e s N s,t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamitamaaBa aaleaacaWG0baabeaakiabg2da9maaqahabaWaaeWaaeaacaaIXaGa eyOeI0IaamiBamaaBaaaleaacaWGZbGaaiilaiaadshaaeqaaaGcca GLOaGaayzkaaGaamyzamaaBaaaleaacaWGZbaabeaakiaad6eadaWg aaWcbaGaam4CaiaacYcacaWG0baabeaaaeaacaWGZbGaeyypa0JaaG ymaaqaaiaadsfaa0GaeyyeIuoaaaa@4B76@