RDP 8610: Equilibrium Exchange Rates and a Popular Model of International Asset Demands: An Inconsistency
Equation (A.4)
d
w
(
t
)
=
Σ
j
n
j
(
t
)
d
p
j
(
t
)
−
Σ
i
c
i
(
t
)
q
i
(
t
)
d
t
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