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

s t+4 − s e t+4 =fre−rp. MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4CamaaBa aaleaacaqG0bGaae4kaiaabsdaaeqaaGGaaOGae8NeI0Iaae4Camaa CaaaleqabaGaamyzaaaakmaaBaaaleaacaqG0bGaae4kaiaabsdaae qaaOGaeyypa0JaaeOzaiaabkhacaqGLbGae8NeI0IaaeOCaiaabcha caqGUaaaaa@4662@