RDP 1977-07: Money and the Balance of Payments Equation

DlogR= α 11 ( log m ^ =log M P )+DΛ MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeiraiaabYgacaqGVbGaae4zaiaaykW7caqGsbGaeyypa0JaeqySde2aaSbaaSqaaiaaigdacaaIXaaabeaakmaabmaabaGaaeiBaiaab+gacaqGNbGaaGPaVlqad2gagaqcaiabg2da9iaabYgacaqGVbGaae4zamaaliaabaGaaeytaaqaaiaabcfaaaaacaGLOaGaayzkaaGaey4kaSIaaeiraiaabgeaaaa@4F0B@