Skip to content
RDP 9203: Real Exchange Rates and the Globalisation of Financial Markets
Equation (A4)
R
mt
=
α+γR
mt
*
+[u
mt
-γu
mt
*
e
mt
]
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeOuamaaBa aaleaacaqGTbGaaeiDaaqabaGccqGH9aqpcaqGXoGaae4kaiaabo7a caqGsbWaa0baaSqaaiaab2gacaqG0baabaGaaiOkaaaakiaabUcaca qGBbGaaeyDamaaBaaaleaacaqGTbGaaeiDaaqabaGccaqGTaGaae4S diaabwhadaqhaaWcbaGaaeyBaiaabshaaeaacaGGQaaaaOGaaeyzam aaBaaaleaacaqGTbGaaeiDaaqabaGccaGGDbaaaa@4EE1@