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RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D58)
P
t
n
P
t
c
=
(
(
1
−
ϕ
n
)
(
P
¯
t
n
P
t
c
)
1
−
θ
n
+
ϕ
n
(
P
t
−
1
n
P
t
−
1
c
P
t
−
1
c
P
t
c
)
1
−
θ
n
)
1
1
−
θ
n
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@713C@