Bulletin – September 2018
Equation (3)
Δ
(
x
C
A
D
)
t
=
α
0
+
α
U
S
D
Δ
(
U
S
D
C
A
D
)
t
+
α
E
U
R
Δ
(
E
U
R
C
A
D
)
t
+
α
J
P
Y
Δ
(
J
P
Y
C
A
D
)
t
+
α
G
B
P
Δ
(
G
B
P
C
A
D
)
t
+
α
R
M
B
w
^
t
+
e
t
.