RDP 8813: The Fiscal Deficit and the Current Account: Twins or Distant Relatives?
Equation
ca
:
ca(y,e;
g
im
,
-
t
1
,
+
t
k
,
+
t
s
,
-
t
im
,
+
a
*
,
+
π
e
,
-
r
*
,
+
e
¯
+
)
=
0
bb
:
bb(y;
g
d
,
+
g
im
,
+
t
1
,
-
t
k
,
-
t
s
,
-
t
im
,
-
π
e
,
-
r
*
,
+
e
¯
+
)
=
0
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