RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation
K
t
+
1
=
(
1
−
δ
)
K
t
+
(
1
−
Ξ
(
I
t
I
t
−
1
)
)
I
t
R
t
+
1
=
R
t
+
ω
t
+
1
D
t
−
X
t
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