RDP 8906: A Random Walk Around the $A: Expectations, Risk, Interest Rates and Consequences for External Imbalance Equation

1+ r diff j = ( 1+ i j )/( 1+ j ) ( 1+ i us )/( 1+ us ) , MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeWaaa qaaiaaigdacqGHRaWkcaGGYbWaa0baaSqaaiaabsgacaqGPbGaaeOz aiaabAgaaeaacaqGQbaaaaGcbaGaeyypa0dabaWaaSaaaeaadaqada qaaiaaigdacqGHRaWkcaqGPbWaaWbaaSqabeaacaqGQbaaaaGccaGL OaGaayzkaaGaai4lamaabmaabaGaaGymaiabgUcaRiaabweacaqGap WaaWbaaSqabeaacaqGQbaaaaGccaGLOaGaayzkaaaabaWaaeWaaeaa caaIXaGaey4kaSIaaeyAamaaCaaaleqabaGaaeyDaiaabohaaaaaki aawIcacaGLPaaacaGGVaWaaeWaaeaacaaIXaGaey4kaSIaaeyraiaa bc8adaahaaWcbeqaaiaabwhacaqGZbaaaaGccaGLOaGaayzkaaaaai aacYcaaaaaaa@59AB@