RDP 8808: Consumption and Permanent Income: The Australian Case
Equation
H
t
=
C
t
−
μ
t
−
α
A
t
−
(
1
−
Ω
)
Y
t
α
Ω
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeisamaaBa aaleaacaqG0baabeaakiabg2da9maalaaabaGaae4qamaaBaaaleaa caqG0baabeaakiabgkHiTiabeY7aTnaaBaaaleaacaqG0baabeaaki abgkHiTiabeg7aHjaabgeadaWgaaWcbaGaaeiDaaqabaGccqGHsisl caGGOaGaaGymaiabgkHiTiabfM6axjaacMcacaqGzbWaaSbaaSqaai aabshaaeqaaaGcbaGaeqySdeMaeuyQdCfaaaaa@4DF6@