RDP 9101: The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows Equation (1)

r A = r j +E( ΔS/S )+rp, MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeOCamaaCa aaleqabaGaaeyqaaaakiabg2da9iaabkhadaahaaWcbeqaaiaabQga aaGccqGHRaWkcaqGfbWaaeWaaeaacqqHuoarcaWGtbGaai4laiaaco faaiaawIcacaGLPaaacqGHRaWkcaqGYbGaaeiCaiaabYcaaaa@4579@