RDP 2013-14: Reserves of Natural Resources in a Small Open Economy
Equation (D73)
ln
(
1
+
i
t
)
=
(
1
−
ρ
i
)
ln
(
1
+
i
¯
)
+
(
1
−
ρ
i
)
ρ
π
ln
(
P
t
+
1
c
P
t
c
)
+
ρ
i
ln
(
1
+
i
t
−
1
)
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