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

DlogI= μ 12 ( log I ^ logI ) I ^ = I 0 rB MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGebGaaeiBaiaab+gacaqGNbGaaGPaVlaabMeacqGH9aqpcqaH8oqBdaWgaaWcbaGaaGymaiaaikdaaeqaaOWaaeWaaeaacaqGSbGaae4BaiaabEgacaaMc8UabmysayaajaGaeyOeI0IaaeiBaiaab+gacaqGNbGaaGPaVlaabMeaaiaawIcacaGLPaaaaeaaceWGjbGbaKaacqGH9aqpcaqGjbWaaSbaaSqaaiaaicdaaeqaaOGaaeOCaiabgwSixlaabkeaaaaa@54BD@