RDP 8808: Consumption and Permanent Income: The Australian Case
Equation
Δ
C
t
=
(
1
−
Ω
)
Δ
Y
t
+
ρ
t
+
α
ψ
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaae 4qamaaBaaaleaacaqG0baabeaakiabg2da9iaacIcacaaIXaGaeyOe I0IaeuyQdCLaaiykaiabfs5aejaabMfadaWgaaWcbaGaaeiDaaqaba GccqGHRaWkcqaHbpGCdaWgaaWcbaGaaeiDaaqabaGccqGHRaWkcqaH XoqycqaHipqEdaWgaaWcbaGaaeiDaaqabaaaaa@4B94@