RDP 2013-14: Reserves of Natural Resources in a Small Open Economy Equation

P t c C t + B t ( 1 + i t ) + S t B t * ( 1 + i t * ) Φ t = W t n H t n + W t r H t r + B t 1 + S t B t 1 * + ν Ψ t r + Ψ t n + Ψ t o + Ψ t x T MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@80AC@