205/45/16 has a load index of 83.
A Standard Load tire reaches it's maximum load carrying capacity at 35psi. The maximum load carrying capacity is engineered at 35psi even if the max pressure may say 51 or something on the tire. Here is a load index chart of load indexes and max load carrying capacities.
http://www.discounttire.com/dtcs/infoLoadIndex.dos
205/55/R16 89V= S14 SE oe tire. OE pressue= 29psi.(89 max load = 1279)
205/45/R16 83 = your tire in questionnew pressure= ???(83 max load = 1074)
With some algebra you can determine the intended oe load each tire is to carry at 29psi.
(maxpress)/(maxload)=(oepress)/(intended load)X=intended load35/1279=29/XX=(1279*29)/35X=~1060lbs
Now the new pressure of the new tire can be found in a similar fashion.
(maxpress)/(maxloadnew)=(newpres)/1060Y=newpress.35/1074=Y/1060Y=(35*1060)/1074Y=34.5psi
You have to put 35psi in that tire to just match the oe s14 tire at 29psi. Putting 29 in that tire would be under inflating by 6psi.
On that same note, with a higher load index you could put less air than oe to have same load carrying capacity.
Hope it's not to confusing.