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RDP 8908: Capital Flows and Exchange Rate Determination
Equation (4)
Δ
S
t
+
k
=
α
+
β
(
i
t
∗
−
i
t
)
+
ε
t
,
k
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiLdqKaai 4uamaaBaaaleaacaWG0bGaey4kaSIaam4AaaqabaGccqGH9aqpcqaH XoqycqGHRaWkcqaHYoGydaqadaqaaiaabMgadaWgaaWcbaGaamiDaa qabaGcdaahaaWcbeqaaiabgEHiQaaakiabgkHiTiaabMgadaWgaaWc baGaamiDaaqabaaakiaawIcacaGLPaaacqGHRaWkcqaH1oqzdaWgaa WcbaGaamiDaiaacYcacaWGRbaabeaaaaa@4D7C@