The Current Account in the Eaton-Gersovitz Model
Show that in the default model of Section 13.4, the current account, denoted \(ca\), can be written as \(ca=q(d)d-q(d')d'\).
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---
title: "Exercise 13.9"
subtitle: "The Current Account in the Eaton-Gersovitz Model"
---
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## Problem
Show that in the default model of Section 13.4, the current account, denoted $ca$, can be written as $ca=q(d)d-q(d')d'$.
## Answer
_No solution has been posted yet. If you have a solution, we invite you to share it in the comment box at the bottom of this page._