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RDP 9101: The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows
Equation (A1′)
[
D
l
Dc
]
=
θ
′
[
l
c
]
+
Ω
′
x
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaamWaaeaafa qabeGabaaabaGaaeiraiaaigdaaeaacaqGebGaae4yaaaaaiaawUfa caGLDbaacqGH9aqpcuaH4oqCgaqbamaadmaabaqbaeqabiqaaaqaai aaigdaaeaacaqGJbaaaaGaay5waiaaw2faaiabgUcaRiqbfM6axzaa faGaaeiEaaaa@4503@